A Kenya-based nonprofit AT4D, is now focusing its efforts on advancing inclusion through technology, unveiled the Momentous Pilot Fund in March 2026. The $500,000 fund is Africa’s first dedicated early stage investment vehicle for assistive technology (AT) startups.  This fund is primarily for business owners who are developing

Botswana is launching an initiative to advance start-ups, launching the Scalar Botswana Innovation Program (SBIP) with a $500,000 fund aimed at driving innovation, economic diversification, and entrepreneurship across the country. The program is supported by the Botswana Innovation Fund in partnership with Scalar Energy, Arizona State University, and Frost

South African venture capital firm Hlayisani Capital has announced its second fund Hlayisani Venture Fund II (HVF II), with an initial commitment of $29.9 million (ZAR500 million).  A variety of institutional and private investors have supported the new fund, with the SA SME Fund and South Africa's

Lucidya is officially launching its Enterprise AI Agent Platform, appearing as a cornerstone of its 2026 growth strategy. The platform is created to assist enterprises succeed beyond AI experimentation into full-scale operational deployment, enabling autonomous customer service at scale.  Businesses can now enjoy deployment of autonomous, AI-powered assistants at scale

Atlancis Technologies Limited, Everse Technology Limited (EverseTech), and iXAfrica Data Centres Limited announced the launch of Servernah Cloud in Nairobi. This is the first of its-kind in Kenya which will connect sovereign cloud services, EverseTech’s AI-as-a-Service capabilities, and iXAfrica’s hyperscale, carrier-neutral, AI-ready data centre infrastructure. Altogether, they work

Nkwel, a new digital platform has launched in Cameroon, with the goal of transforming the neighborhood commerce through connecting consumers with local businesses, service providers, and producers through a mobile application. The launching was announced in Yaounde, with the presence of entrepreneurs, local merchants, and technology stakeholders to witness the

Agridex has announced its partnership with Tradeflow Capital Management to expand access to structured trade finance across Kenya and other African commodity markets. The collaboration is deployed on institutional capital markets that are into agriculture and commodities while focusing on payments infrastructure as a central element of trade finance.  Agridex

A technology startup that develops an AI-powered research platform, Yazi has closed its first institutional founding round. The investment places Yazi at a pre-money valuation of R30 million ($1.6 million), marking a significant milestone for the young company. The round was led by 3 Capital Ventures (3CV), an early-stage

A Cameroonian tech entrepreneur, Fonguong Edrick has launched a technology platform designed to help businesses grow and improve operational efficiency. As the co-founder of Traitz Tech, Edrick is making use of digital products and services in order to support companies in growing their presence online and strengthening brand visibility. Traitz

A technology logistics startup, ShipBee has raised a sum of $500,000 in seed funding to accelerate the growth of its digital logistics platform. Held in Doha, Qatar, this round of funding was led by a venture capitalist firm, GrowthX Capital known for supporting innovative startups in the region.  ShipBee

Tanzanian electric mobility company Jenga Taifa Pamoja Auto Limited (JTP Auto) is pursuing a dual partnership with Chinese automakers Geely and Dongfeng Motor Corporation to drive electric vehicle adoption in East Africa. This collaboration aims at introducing a range of  affordable EVs which includes electric trucks, compact cars, and minivans,

Tanzanian fintech startup, Laina Finance is growing its access to consumer credit by providing a flexible payment option that allows consumers and small business to purchase goods and services instalmentally. The platform is targeted at addressing the challenges that arise with limited access to normal credits by emerging markets which

The Africa’s Business Heroes (ABH) competition has made an open application for its eighth edition in order to support African entrepreneurs with a sum of $ 1.5 million in grant funding.  This funding is a project initiative by the Jack Ma Foundation and Alibaba Philanthropy in a mission to

Padue, a Zambian startup has officially announced its collaboration with a global venture FasterCapital through its EquityPilot program, marking the move a significant milestone in the country’s digital innovation landscape. This partnership is aimed at supporting Paude’s launch of its all-in-one on demand services app, created to help

A Nigerian identity verification and compliance company, Prembly has declared its new project FraudLens, an open source fraud intelligence platform which is created to tackle the existing threats of financial crime across Africa’s digital economy.  FraudLens would serve as a publicly available archive of fraud intelligence which is built

One of Egypt’s fastest-growing fintech companies, Basata Holding for Financial Investments has launched an expansion of its digital payments ecosystem. The company announced this project in Cairo as a deployment POS network nationwide covering 120,000 terminals, alongside the application of cash-in and cash-out services for all mobile wallets.

Mitcha, a well-known online marketplace which is devoted to supporting regional fashion designers in the Egyptian advertising technology market, has been acquired by Converted, a company that is built primarily for AI-driven solutions for developing markets.  This acquisition is a calculated attempt to create a more integrated, data-driven digital commerce

An Egyptian-Saudi advisory firm, Wider Consulting has officially disclosed the plan to invest USD 14.3 million in Egypt and Saudi Arabia in order to build and enhance entrepreneurship and innovation ecosystems.  This innovation is set to focus on building startups, supporting SMEs, and enabling cross-border collaboration between the two

A fintech startup, Orca Fraud has received $2.35 million in seed funding in order to scale its operations across Africa and other emerging markets. This is a firm that specializes in real-time fraud intelligence.  The founding round was led by Norrsken22, with participation from OneDayYes, Enza Capital, and CV

A South African payment startup in Johannesburg, NjiaPay has raised a sum of $2.1 million in seed funding to increase the functionality of the platform to help businesses manage several payment services through a single system. The round was led by Newion Partners, a European SaaS-focused investor, with participation

An entrepreneur from Morocco, Meriam Bessa has decided to adopt the use of artificial intelligence in influencer marketing to enhance her startup Hypeo AI, a platform that is structured to connect brands, agencies and content creators while creating a simpler form of campaign management.  This platform aims at making use

A global telecommunications and connectivity provider, Neterra has announced an official release of two new internet services for enterprises, one targeted at a primary business internet solution and the other as a backup connection. The launch is targeted at companies that are in need of continuous, dependable connectivity to support