M-KOPA, the UK and Kenyan pay-as-you-go fintech, has reached US$600 million in annual revenue and acquired Finnish software company KilpiTek Oy in a transaction valued at approximately US$8 million, as the company marks 15 years since its founding. The KilpiTek deal included approximately US$2.67 mi
Nigeria’s new digital postcode system promises to make buildings easier to find, improving deliveries and access to essential services. But that precision raises questions about where the national address database is stored, who controls it and how securely it is protected.
Twelve companies represented in the AT50 Index (Africa Tech 50) took part in the AT50 Cairo Market Open at the Egyptian Exchange (EGX) on September 22, bringing together founders, regulators, institutional investors, banks and capital markets leaders from Egypt and across Africa. The Cairo event mar
Tavus says nearly half the people who video-called its new Griffin model came away believing they'd spoken to a real person, and that it can clone a voice from 10 seconds of audio. It's time to agree a safe word with your family.
Egyptian fintech unicorn MNT-Halan has successfully completed three securitisation issuances with a combined value exceeding EGP4 billion (US$76.5 million) for its two subsidiaries, Halan Consumer Finance and Tasaheel for Finance. Founded in 2018, MNT-Halan was created to digitally bank the unbanked
Fifty-eight African tech startups raised just shy of US$583 million in funding in the third quarter of 2026, making it the most successful quarter of the year so far and boosting the chance that 2025’s funding total will be bettered. Total investment into the African tech startup ecosystem increased
Ghanaian agri-tech company Complete Farmer has secured a $2.4 million convertible loan from the International Finance Corporation (IFC) to expand financing for smallholder farmers and scale its agricultural input and agronomy services. The financing, supported through the Business Investment Financi
Nairobi-based off-grid solar company Sun King has secured a $5 million Series D equity investment from Acumen to expand its operations in Zambia and use the capital to unlock additional local-currency debt. The investment, made through Acumen’s Hardest-to-Reach (H2R) Catalyze initiative, has been in
Equity Bank is responding to the neobanking race with EMMA, a wallet launched by its fintech arm, Finserve. Customers can access it through an app, USSD or the Equitel STK.
Kenyan-American startup Satlyt has raised $8 million in Seed funding to develop software that turns satellites into virtual artificial intelligence data centers, allowing spacecraft to process data and run AI applications in orbit rather than sending raw information back to Earth. The round was led
Cloud9, a Kenyan fintech startup bridging digital banking with B2B cross-border payment infrastructure, has secured a $500,000 equity investment from New York-based crypto accelerator Alliance. The capital injection is part of Cloud9’s ongoing pre-seed round, which has now reached $1 million in tota
The investment comes two months after Cloud9 acquired social commerce platform Chpter in an undisclosed all-stock deal, its second acquisition in three months.
When Airtel Money lists on the London Stock Exchange later this month, it will do so without its struggling Nigerian fintech business. A Central Bank of Nigeria (CBN) directive required the mobile money business to transfer its 25% stake in SmartCash, the vehicle through which Airtel operates its Ni
South African mobile technology company Mission Mobile will receive up to ZAR500 million (US$30.1 million) in funding from investment holding company DN Invest (DNI) to help mobile network operators (MNOs) expand their customer base. Founded in 2023 by Johannesburg-born brothers Tim and Adam Strike,
Samsung Electronics Co. introduced its Galaxy Tab S12 lineup, a pair of premium tablets that the company says offer its strongest performance yet in a thinner body, as it leans on AI features and bundled creative apps to court students, professionals and creators. The series includes the Tab S12 Ult
Artificial intelligence is moving deeper into the private lives of Kenyans, with a growing number of digitally engaged users turning to chatbots for emotional support, personal advice and questions they have not shared with other people. About 72% of respondents in a new survey said they had used AI
African startups rarely stay in one market for long. A fintech that proves itself in Nairobi looks at Kampala and Dar es Salaam. A logistics platform born in Lagos eyes Accra and Abidjan. A Cape Town e-commerce brand tests demand in Gaborone and Windhoek. Expansion brings new customers, but it also
