Egypt-based early-stage fintech investor, DisrupTech Ventures, has made a landmark entry into Sub-Saharan Africa with its investment in Winich Farms, a Nigerian agri-fintech startup revolutionizing market access and financial inclusion for smallholder farmers. Though the amount was not stated, this strategic move forms part of Winich’s pre-Series A round and…
Author: Staff Writer
WhatsApp has announced a major revamp to its Updates tab — the central hub for both Channels and Status — to make it easier for users to explore new content and discover businesses. Serving 1.5 billion users daily, the platform is rolling out three key features designed to help channel owners…
AI is becoming an essential ingredient of SaaS platforms. The nature of SaaS organizations requires them to be at the forefront of innovation. With AI, SaaS platforms are driving innovation and reshaping business operations, along with enhancing customer experiences. In fact, the Tech Jury survey shows that 35% of SaaS…
In a decisive step toward expanding its footprint in immigrant financial services, London-based fintech LemFi has acquired Pillar, a UK startup focused on credit access for newcomers. The deal is more than a standard acquisition—it’s a powerful alignment of mission and technology aimed at solving a long-standing problem for millions…
Once hailed as Africa’s first tech unicorn, Jumia is undergoing a major transformation to regain investor confidence, sharpen its market focus, and deliver sustainable profitability. Since its IPO on the New York Stock Exchange in 2019, the e-commerce company has seen its market value plummet from over $1 billion to…
Africa’s bustling boda boda (motorcycle taxi) sector, which sustains the livelihoods of millions across Kenya, is embracing a transformative leap with the launch of Roam Electric’s Generation 2 Roam Air. This is not just an upgrade—it’s a bold reimagining of urban mobility built in close collaboration with the riders themselves.…
Moove, the Nigerian-born mobility fintech, is making waves in the global mobility scene. Founded in 2020 by Ladi Delano and Jide Odunsi, the startup has reimagined asset financing for ride-hailing drivers. Now, Moove is gearing up for its next major leap: a $300 million Series C funding round that could…
A landmark investment vehicle is launching this July in Mauritius with a clear purpose: to attract long-term capital into off-grid and distributed renewable energy solutions across Sub-Saharan Africa. Named Zafiri, the platform has already secured $300 million in its first phase—split evenly between senior and junior equity—from a coalition of development…
In early June 2025, Definely, the UK-based legal tech innovator, secured a $30 million Series B funding round, propelling its mission to infuse AI into legal drafting and contract review workflows. The round was led by growth investor Revaia, with participation from Alumni Ventures, Beacon Capital, Clio, and existing backers including Octopus…
The African Development Bank (AfDB) has approved a significant financing package of $184.1 million to support Egypt’s ambitious Obelisk 1-gigawatt (GW) solar photovoltaic (PV) project and 200MWh battery energy storage system, reinforcing the country’s deepening commitment to renewable energy. While notable, the Obelisk project follows in the footsteps of Egypt’s…
The Securities and Exchange Commission (SEC) has reiterated its stance against the operations of Crypto Bridge Exchange (CBEX) and its affiliates, warning the Nigerian public to steer clear of the unregistered entity. This announcement follows reports that CBEX has resumed operations in Nigeria under the guise of ST Technologies International…
In the race to bridge Africa’s massive electricity access gap, most solutions have been externally sourced — imported products, donor-backed models, and pilot programs managed far from the communities they aim to serve. But Salpha Energy, a Nigerian clean energy startup, is breaking that pattern by building power solutions for…
Kenya’s digital economy just gained a powerful ally. Glovo, the global delivery and logistics platform, has inked a landmark cooperation deal with the Ministry of Labour and Social Protection — setting the stage for one of the most ambitious private-sector investments in the country’s gig economy to date. But this…
As the countdown begins for the largest FIFA World Cup™ in history — set to unfold across Canada, Mexico, and the United States in 2026 — Visa has made a strategic move that signals more than just marketing: the global payments giant has named 17-year-old football prodigy Lamine Yamal as…
MultiChoice, the parent company of DStv, is grappling with a significant blow: the loss of 1.2 million subscribers across its operations, dropping its active base to 14.5 million viewers. Revenue and profits have been hit hard, particularly outside South Africa, where inflation and currency depreciation have reduced affordability. Even in…
In the global tech conversation, words like “infrastructure” often conjure visions of fiber cables, data centers, or power grids. But in the fast-moving world of digital innovation, software infrastructure is just as vital—especially in regions like Africa and the Middle East, where a growing wave of startups is battling not…
In an age where content creation is no longer reserved for professionals, Meta has taken a bold step toward democratizing creativity. With the launch of its AI-powered video editing feature across the Meta AI app, Edits app, and Meta.AI website, the tech giant is putting sophisticated video transformation tools in…
The off-grid energy sector in Africa is undergoing a quiet but powerful transformation. What once was a landscape dominated by niche startups and donor-backed pilot projects is now rapidly maturing into a competitive, investor-driven industry. A prime example of this evolution is Solar Panda’s recent acquisition of VITALITE Zambia Limited—a…
Africa’s growing digital economy faces a significant threat — not from lack of ambition, but from a shortage of skills. According to recent industry insights, 90% of companies on the continent report setbacks in innovation and project execution due to a lack of AI expertise. In a bold and inclusive…
In much of West Africa, healthcare remains a fragmented, under-resourced system struggling to meet the needs of a growing population. Clinics are overwhelmed, medical records are largely paper-based, and insurance coverage is rare—especially among informal workers, who make up the majority of the region’s labor force. Against this backdrop, KERA…