Catalyst Fund has secured $30 million in commitments for its Africa-focused climate resilience investment strategy, attracting new backers including the International Finance Corporation, Shell Foundation and Trafigura Foundation as investors increase their bets on adaptation technologies across the
Jubilee Group is partnering with BimaLab, FSD Africa’s insurtech accelerator, to develop and test new insurance products aimed at reaching low-income consumers and small and medium-sized enterprises (SMEs), targeting one of the largest untapped segments in East Africa’s financial sector. The initiat
Kano, Enugu and Abuja DisCos decline Nigeria’s electricity distribution companies installed 357,495 meters in the first quarter of 2026, the Nigerian Electricity Regulatory Commission (NERC) said in its Q1 2026 report, describing the number as the highest quarterly deployment in five quarters. NERC
Twenty startups advanced to the final pitch, where 10 emerged as winners. Data Entry Academy took the top prize, followed by startups from Egypt and Senegal in second and third place, respectively.
Airtel Africa Foundation has commenced the DigiLeap Women in Tech Programme, a transformative initiative designed to equip 200 young women from underserved communities in Ikorodu, Lagos, with industry-relevant digital skills. Through Airtel Nigeria and in partnership with the Ishk Tolaram Foundation
| By: Francis Onyemachi African startups raised $3.9bn across 506 deals in 2025, marking a strong recovery in fundraising after a challenging period for the continent’s venture capital market. This was disclosed in a new report by Bloomwit Africa, which showed that total technology funding exceeded
As conversations around Artificial Intelligence (AI) continue to dominate headlines globally, there is a growing need for greater public understanding of the digital infrastructure that powers emerging technologies. While much attention is focused on AI applications and breakthroughs, experts say me
ProjKonnect, an education technology firm, has launched an artificial intelligence-powered academic platform, Gemnex App, integrated with WhatsApp, as part of efforts to address learning gaps in Nigerian universities and improve students’ access to quality academic support. The launch comes amid per
Catalyst Fund has secured $30 million in commitments for its Africa-focused climate resilience investment strategy, attracting new backers including the International Finance Corporation, Shell Foundation and Trafigura Foundation as investors increase their bets on adaptation technologies across the
Open Startup, a pan-African organization supporting entrepreneurship and innovation ecosystems, is shifting its focus toward science and deep technology ventures as it enters its second decade of operations, seeking to help research-led startups bridge the gap between laboratories and commercial mar
Craydel, a Kenyan edtech startup focused on helping students access international education opportunities, has expanded into Ghana, extending its presence to eight African markets as demand for overseas study opportunities continues to increase across the continent. The Nairobi-based company announc
Jubilee Group is partnering with BimaLab, FSD Africa’s insurtech accelerator, to develop and test new insurance products aimed at reaching low-income consumers and small and medium-sized enterprises (SMEs), targeting one of the largest untapped segments in East Africa’s financial sector. The initiat
Nairobi International Financial Centre (NIFC) has certified 15 new firms in a move expected to mobilize more than $200 million in investment and create over 1,000 direct and indirect jobs. The latest group of certified companies spans sectors including artificial intelligence, digital finance, clima
Egyptian startup BrainsMingle has secured a $400,000 seed investment from BasharSoft Group as the company seeks to expand its artificial intelligence-powered professional networking platform and capitalize on growing demand for digital career and knowledge-sharing tools. The funding marks BasharSoft
| By: Francis Onyemachi The African Continental Free Trade Area Secretariat has signed a Memorandum of Understanding with Bergmans Security Consultant and Supplies Limited to implement the AfCFTA Customs Modernisation Projec. Bashir Adeniyi, comptroller-general of the Nigeria Customs Service (NCS),
The findings come as election authorities across Africa grapple with the growing use of artificial intelligence in political campaigns, including the use of deepfake audio and edited images.
By: Francis Onyemachi Kashifu Inuwa, the director-general of the National Information Technology Development Agency has said the future of Nigeria’s banking sector will depend less on raising capital and more on how effectively financial institutions use digital innovation, artificial intelligence (
