Dubai-based surplus food marketplace Peekabox has secured $1.5 million in an oversubscribed seed round, as it looks to scale operations in the United Arab Emirates and expand across the Gulf. The startup, founded in 2025 by brothers Hasan and Omair Sarwar, connects restaurants, cafés and grocery ret
Spiro, the African electric motorcycle and clean energy infrastructure company, has secured a $55 million investment from NewTrails Capital, a China-focused growth-stage fund with operations in Shanghai, Shenzhen, and Nigeria. The latest commitment brings Spiro’s current funding round to $270 millio
EdenCare, Rwanda’s digital health insurer, has received €250,000 from French development finance institution Proparco in a move aimed at accelerating access to affordable, tech-driven healthcare coverage across East Africa. The funding will support EdenCare’s expansion in Rwanda and Kenya, two marke
On Techpoint Digest, we talk about SA's Yoco expanding beyond payments with an AI deal, the CBN's data localisation rule, which raises fintech concerns, and Visa’s AI plan to shop with your card in SA.
In today's edition: Revolut wants to launch in South Africa || Spiro raises another $55 million || NCC tightens oversight || Mozambique is building a new cybersecurity strategy
In 10 years, LSETF has also disbursed over 15 billion naira in loans to more than 20,000 micro, small, and medium enterprises, and supported over 82,000 small businesses through capacity-building programmes.
South African startup stub has built an AI-native accounting platform “built for everyday entrepreneurs”, doing all the things a small business needs, wrapped in something simple and intelligent. Founded in 2023, stub offers easy-to-use tools for sending invoices, managing quotes, tracking payments,
On Techpoint Digest, we discuss Lesaka pushing back the closing date for the Bank Zero buyout, the CBN's data localisation rule, which raises fintech concerns, and Toyota going fully electric in Kenya.
Seacom has launched a new Nairobi-Kampala route, adding a high-capacity terrestrial connection between Kenya and Uganda as demand for digital services continues to grow across East Africa. The new network links Nairobi, Kisumu and Kampala while providing an upgraded pathway for traffic moving inland
MTN Nigeria has named Bukola Ajayi as its new Chief Information Officer, entrusting the long-serving technology executive with leading the company's digital infrastructure and technology strategy. The post MTN Nigeria Appoints Long-Serving Executive Bukola Ajayi as Chief Information Officer appeared
Nigeria's FMCG market is worth $25B, but only 18% of retailers have ever gotten a formal loan. Omni's new report bets that technology can close that gap.
The Nigerian Communications Commission has opened a three-week public consultation period on a framework that would allow Nigerian students to access approved educational platforms without incurring data charges Industry watchers believe the policy would represent one of the most significant digital
The licence allows the company to offer foreign exchange, money transfer, and payment services in Canada through a newly established subsidiary, while also providing regulatory approval to handle virtual currency and digital asset transactions.
CBN’s data localisation directive has raised concerns among fintech executives over infrastructure readiness, migration risks, costs, and whether local data centers can reliably support payment systems.
Egyptian ed-tech startup eYouth has partnered with Syrian counterpart Doroob in a strategic alliance that blends eYouth’s regional digital footprint with Doroob’s localised training hubs to equip Syrian youth with market-ready skills and job opportunities. Founded in 2016 and taken online in 2018, E
