In today's edition: NCBA shareholders take 8.3% of Nedbank || Interswitch expands Uganda’s agency banking network || Nairobi plans $500 million startup fund || Who secured the bag? 💰
Egyptian fintech-focused venture capital (VC) fund Nclude has reached a final close of more than US$112 million, as it prepares for its next phase of investment across Africa and the Middle East. Nclude was launched in Egypt in 2022, and came under the management of Development Partners Internationa
A bank outage, a gold crash and a startup claiming alchemy, all on the same date a year apart. Andile Masuku on why scarcity and liquidity are only as solid as the people enforcing them.
Some of Africa’s best startup ideas never become products because the person who had them can’t write code. A nurse in Kisumu knows exactly why clinic appointments get missed. A market trader in Lagos understands the cash-flow gaps that keep small vendors stuck. A logistics manager in Johannesburg c
South African insurtech startup Naked launches pet insurance for cats and dogs, with claims often paid out in minutes. Launched in 2018 by actuaries Alex Thomson, Sumarie Greybe, and Ernest North, Naked has built an end-to-end digital platform that enables customers to manage their entire insurance
Alphabet Inc.’s Google launched a free online learning platform across Africa on Monday, aiming to train 3 million people in digital and artificial intelligence skills by 2030 as the continent faces a shortage of AI-ready workers. The platform, called Skilling Africa with Google, consolidates more t
Samsung, the South Korean technology group has evolved from a consumer electronics manufacturer into a global technology leader spanning semiconductors, smartphones, displays and connected devices, with AI shaping its next phase of innovation. Samsung Electronics is positioning artificial intelligen
A team in Nairobi or Lagos can now get a PCB fabricated, a housing machined and a carton printed inside a month. What still stalls the launch is rarely the clever part. It is the long, hollow, open-section plastic component that holds everything together: the cable duct, the edge trim, the draw runn
Rise of Fearless, an African-owned mobile gaming company inspired by African history and culture, has raised $1 million from Mauritius-based investment and advisory firm Epic Edges Capital to expand its development capabilities and pursue international markets. The investment, structured as a Simple
Safaricom is positioning M-Pesa as the operating system for Kenya’s digital economy, expanding the mobile money platform into investments, savings, insurance and business services as it seeks to evolve beyond its traditional telecommunications business. The strategy builds on a financial services bu
Airtel Nigeria generated $1.01 billion in revenue between April and September 2026, crossing the $1 billion mark for the first time since the same period in 2022, when it recorded $1.04 billion, according to the company’s financial statements.
African startups working at the intersection of food, technology and sustainability are invited to apply for the 2026 edition of the FoodTech 500. Run by Forward Fooding and inspired by the Fortune 500, the FoodTech 500 bills itself as the world’s first definitive list of global entrepreneurial tale
If digital distribution only pays at scale, something has to carry it until then. Tayo Akinyemi looks at two asset-free players and asks: scaling to what end?
South African investtech startup Fynbos Money is allowing customers to connect their portfolios to ChatGPT, Claude and other AI assistants, helping them ask questions about their investments and receive detailed analysis. Founded in 2024 by Adrian Hope-Bailie and based in Cape Town, Fynbos Money is
A team in Nairobi or Lagos can now get a PCB fabricated, a housing machined and a carton printed inside a month. What still stalls the launch is rarely the clever part. It is the long, hollow, open-section plastic component that holds everything together: the cable duct, the edge trim, the draw runn
Erick Mathew Mkingule started Atlas Digital Systems after watching family members and friends struggle to manage small businesses in Tanzania. Sales were recorded in notebooks, customer debts went untracked, and payments through mobile money and cash often left business owners unsure of how much the
Medikea, a Tanzanian healthtech company that runs its own clinics, labs and pharmacies, raised $1.2 million in pre-seed funding to open sites in Arusha and Morogoro, bringing its network to four clinics. Baobab Network, Catalyst Fund and develoPPP Ventures led the round. Madica, Impacc, Hustle Fund,
Jumia Kenya is expanding its reach beyond Nairobi as online retail demand grows across the country, putting the spotlight on a market opportunity left exposed by the collapse of Copia Global, which built its business around delivering consumer goods to underserved communities. The e-commerce platfor
Banks must anticipate customers’ needs and embed financial services into everyday transactions to compete with digital platforms, executives from Access Holdings and OPay told Moonshot by TechCabal in Lagos.
