Nomba has introduced its Global Payout API, according to a company announcement dated March 20, 2026. According to Nomba, cross-border payment businesses in Nigeria face operational challenges including liquidity management, foreign exchange sourcing, and regulatory compliance across multiple jurisdictions. The company stated that operators often source foreign currencies through over-the-counter markets while transactions are in […] The post Nomba Launches Global Payout API for Cross-Border Payments appeared first on Tech In Africa.

South Africa stands at a decisive moment for its mining industry, shaped not only by rising global demand for critical minerals but also by leveraging the knowledge, skills and research capacity required to extract them responsibly, efficiently and competitively. As artificial intelligence, automation and digital systems reimagine mining worldwide and the industry undergoes a promising […]

Artificial intelligence (AI) is transforming the retail industry by delivering innovative solutions to enhance customer experiences, optimize processes, and increase profitability. Here are some main ways. AI will change the retail landscape: 1. Hyperpersonalization By analyzing massive volumes of client data, AI enables merchants to provide highly tailored shopping experiences. This includes purchasing histories, internet […]

The financial industry is rapidly advancing into a new digital era—more dynamic, intelligent, and interconnected than ever before. However, it brings not only rapid operational processes, highly personalized customer experiences, and limitless scalability, but also opens a door for cyber risks to slip through. The expanding threat landscape While innovation drives growth, it simultaneously amplifies […]

The Central Bank of Kenya (CBK) and the National Bank of Rwanda (NBR) have signed a Memorandum of Understanding (MoU) to develop a license passporting framework for payment service providers (PSPs) operating between Kenya and Rwanda. The framework is intended to facilitate the mutual recognition of PSP licenses issued in each of the two jurisdictions […]

Online commerce is no longer new to the South African market, with research from World Wide Worx indicating that e-commerce surpassed R130 billion in 2025 and captured close to 10% of total retail sales. Smartphone users are driving a significant portion of that growth, with around 55% of users reporting that they use their phones […]

EIB Global has committed €40 million ($46 million) to Speedinvest’s Africa-focused investment vehicle, according to an announcement on March 17, 2026 The Speedinvest Africa Fund has a target size of €200 million (approximately $230 million), according to EIB information. The EIB’s €40 million commitment is designed to catalyze additional fundraising from other institutional investors and […] The post European Investment Bank Commits €40 Million to Speedinvest Africa Fund appeared first on Tech In Africa.

The Botswana Innovation Fund (BIF) and Scalar International have launched the Scalar Botswana Innovation Program (SBIP), a 12-month programme to support 10 climate and digital technology startups, according to a programme announcement. The programme launched on March 10, 2026, in Gaborone, Botswana’s capital, according to the announcement. The programme will connect selected startups to a […] The post Botswana Innovation Fund and Scalar International Launch Startup Programme appeared first on Tech In Africa.

Sistema.bio has closed $53 million in initial funding for FarmCarbon, a carbon finance vehicle, the company announced on March 17, 2026. The funding round was led by BNP Paribas Asset Management Alts (BNPP AM Alts), British International Investment (BII), and Shell Foundation, according to the announcement. Sistema.bio was founded in 2010 and operates in 35 […] The post Sistema.bio Closes $53 Million for FarmCarbon Climate Finance Vehicle appeared first on Tech In Africa.

According to the Kaspersky IT Security Economics 2024 report, banking, financial services and insurance (BFSI) organisations spend an average of $1.2 million a year on cybersecurity. The financial industry is rapidly advancing into a new digital era, more dynamic, intelligent, and interconnected than ever before. However, it brings not only rapid operational processes, highly personalized customer […]

Aqua-Spark, a Netherlands-based aquaculture investment firm, has held the final close of its Africa-focused fund at EUR 41.7 million (approximately $48 million). The fund targets investments across Sub-Saharan Africa’s aquaculture value chain, backing infrastructure, technology, and supply chain companies working to scale sustainable fish farming. Launched in 2021, the fund is backed by development finance […] The post Dutch Firm Aqua-Spark Closes $48M Fund to Scale Sustainable Fish Farming Across Africa appeared first on Tech In Africa.

Afreximbank Academy (AFRACAD) has opened registration for the 2026 edition of its Certificate of Trade Finance in Africa (COTFIA) programme, with a deadline of 31 May 2026. The programme targets banking professionals and trade finance practitioners looking to deepen their understanding of international trade finance, with specific attention to the African Continental Free Trade Area […] The post Afreximbank Opens Registration for 2026 Trade Finance Certification, Offers 50% Scholarships appeared first on Tech In Africa.

In the rapidly evolving digital economy of Nigeria, where fintech companies have seen a 70% growth in just one year, a quiet revolution is taking place that goes beyond mobile wallets and transaction volumes. At the heart of this shift is the PalmPay Purple Woman program, a program designed to bridge a stark reality: women […] The post How Africa’s Top Fintech is Reimagining the “Woman in Tech” Narrative appeared first on Tech In Africa.

Nigus International Investment Limited and Elmirate Investment LLC (Elmirate Capital) have signed a memorandum of understanding to develop a defense technology, satellite systems and manufacturing platform in Nigeria with a planned investment of up to $200 million, according to a company announcement dated March 16, 2026. The collaboration will be implemented through a Special Purpose […] The post Nigus and Elmirate announce $200m initiative to support Africa’s security sector appeared first on Tech In Africa.

African investor and philanthropist Tony Elumelu stated that the Tony Elumelu Foundation (TEF) has deployed more than $100 million in seed capital to support African startups over the past 15 years. The disclosure was made by the Chairman of United Bank for Africa (UBA) Plc on his LinkedIn page on Thursday after meeting with French […] The post Tony Elumelu Foundation Has Deployed Over $100 Million to African Startups appeared first on Tech In Africa.

The Solution Innovation District (SID), operated by the Anambra State Government, and Dhahran Techno Valley Holding Company (DTVC), a Saudi Arabia-based science and technology hub, have signed a Memorandum of Understanding (MoU), according to a statement released on Saturday by Anambra State Commissioner for Information, Law Mefor. The agreement was signed during an innovation engagement […] The post Anambra State and Saudi Technology Hub Sign Memorandum of Understanding appeared first on Tech In Africa.

South African AI research platform Yazi has raised its first institutional funding round from 3 Capital Ventures (3CV) at a pre-money valuation of R30 million ($1.6 million), the company announced. The amount of the funding round was not disclosed. Yazi was founded in Cape Town in 2022 by Timothy Treagus, who serves as CEO, and […] The post South African AI Research Platform Yazi Raises First Institutional Funding appeared first on Tech In Africa.

The Digital for Development Hub (D4D Hub) has announced five startups selected for the Think Like an Investor 2026 programme, according to a programme announcement. Selected Startups The selected companies are Twiva from Kenya, agriBORA from Kenya, Niajiri Platform Limited from Tanzania, Ipachi Capital from Botswana, and OnCall – powered by Macquarie Medical from Namibia, […] The post Five African Startups Selected for Think Like an Investor 2026 Programme appeared first on Tech In Africa.

Diesel power remains the backbone of the global shipping industry. These massive machines move freight across continents every single day. Recent design changes have shifted the focus toward improved performance and fuel economy. Engineers are constantly finding new ways to get more power out of every drop of fuel. Newer models run quieter and produce […] The post Modern Diesel Engine Technology in Heavy-Duty Vehicles appeared first on Tech In Africa.

There is no single moment that defines Egypt’s 2025 tech story. No megadeal that swallowed the headlines. No viral funding round that skewed the numbers. What Egypt produced instead was something arguably more valuable: consistency. And in a continent where funding can swing wildly from one transaction, that consistency is becoming one of the most […] The post Egypt’s Quiet Rise: How Cairo Is Building Africa’s Most Balanced Tech Ecosystem appeared first on Tech In Africa.

Algerian super app Yassir has acquired the Uno hypermarket chain from conglomerate Cevital Group, marking a significant push into brick-and-mortar retail. The stores are being rebranded under the new name “Yassir Market,” with the flagship location at the Bab Ezzouar shopping centre in Algiers set to reopen during Ramadan 2026. The move fills a gap […] The post Algeria’s Yassir Acquires Uno Hypermarkets, Moving Into Physical Retail appeared first on Tech In Africa.

Cape Town-based Orca Fraud has closed an oversubscribed $2.35 million seed round to scale its real-time transaction monitoring and fraud intelligence platform across Africa and beyond. The raise was led by returning investor Norrsken22, with OneDayYes, Enza Capital, and CV VC Africa also participating. The company was co-founded by Thalia Pillay and Carla Wilby, and […] The post Orca Fraud Secures $2.35M Seed to Bring Real-Time Fraud Intelligence to Emerging Markets appeared first on Tech In Africa.

Africa’s Business Heroes (ABH) has launched applications for its eighth annual edition, making $1.5 million in grant funding available to ten African entrepreneurs building transformative businesses across the continent. The initiative is backed by Alibaba Philanthropy and the Jack Ma Foundation and has operated as one of Africa’s most influential entrepreneurship platforms since 2019. Running […] The post Africa’s Business Heroes Opens $1.5M Grant Competition for African Entrepreneurs appeared first on Tech In Africa.

Zambia has signed a Memorandum of Understanding with UK-based Obrizum Group Ltd to pilot artificial intelligence tools in its education system, with the programme targeting secondary schools and Technical Education, Vocational and Entrepreneurship Training (TEVET) institutions. The agreement, signed in Lusaka through the Ministry of Technology and Science, will see Obrizum deploy adaptive AI-powered learning […] The post Zambia Signs MOU With UK Firm to Pilot AI in Schools appeared first on Tech In Africa.

Africa Logistics Properties Holdings Limited (ALPH) has listed its ALP Industrial Real Estate Investment Trust on the Nairobi Securities Exchange, marking a landmark moment for Kenya’s capital markets. The listing on March 11, 2026 makes it the first industrial REIT in East Africa and the first US dollar-denominated security to trade on the NSE. The […] The post Kenya Lists East Africa’s First Industrial REIT on the NSE, With $24M UK Anchor appeared first on Tech In Africa.

Nairobi-based e-mobility startup Zeno has closed a $25 million Series A to accelerate production of its Emara electric motorcycle and expand its battery-swapping network across East Africa. The round combines $20.5 million in equity, led by Congruent Ventures with participation from Active Impact and Lowercarbon Capital, and a $4.5 million debt facility from Camber Road […] The post Zeno Closes $25M Series A to Scale Full-Stack Electric Motorcycles Across East Africa appeared first on Tech In Africa.

Johannesburg-based Hlayisani Capital has reached a first close of R500 million (approximately $30 million) for its second venture fund, Hlayisani Venture Fund II (HVF II), with the Public Investment Corporation and the SA SME Fund coming in as cornerstone investors alongside family offices and private backers. A final close is targeted for June 2026. The […] The post Hlayisani Capital Hits $30M First Close for Fund II, Targeting South Africa’s Series A Gap appeared first on Tech In Africa.

Global issuer-processor Paymentology has partnered with South Africa-based Chikwama Pay to launch what the two companies describe as Africa’s first WhatsApp-enabled neobank — a platform that lets users bank, borrow, save, insure, and transact entirely within WhatsApp, without downloading a separate application. The partnership targets populations that have historically been locked out of traditional financial […] The post Paymentology and Chikwama Pay Launch Africa’s First WhatsApp-Enabled Neobank appeared first on Tech In Africa.

Morocco’s Ministry of Digital Transition and Administration Reform has placed artificial intelligence at the centre of its industrial and economic modernisation agenda, with Minister Delegate Amal El Fallah Seghrouchni reaffirming that AI has become one of the most strategically significant forces reshaping modern economies. Speaking at a scientific seminar hosted by the Euro-Mediterranean University of […] The post Morocco’s Ministry of Digital Transition Champions AI as Cornerstone of Industrial and Economic Transformation appeared first on Tech In Africa.

Lagos-based cybersecurity startup Cybervergent has secured $3 million in seed funding to expand its AI-native compliance, risk, audit, and data security platform across Africa. The round was co-led by Ventures Platform — through its newly launched Pan-African Fund II — and Atlantica Ventures. Founded in 2012 by Adetokunbo Omotosho and Ayomide Daniels, the company spent […] The post Cybervergent Closes $3M Seed Round to Scale AI-Powered Cybersecurity Across Africa appeared first on Tech In Africa.

South African payment orchestration platform NjiaPay has raised $2.1 million in seed funding led by European B2B SaaS investor Newion Partners, the company announced on March 9, 2026. NjiaPay was spun out of South African international calling startup Talk360 as an independent entity in December 2024, according to the company. The company previously raised $1 […] The post Payment Platform NjiaPay Raises $2.1 Million Seed Funding appeared first on Tech In Africa.

Forty startups across Africa raised more than $272 million in funding in February 2026 through deals worth at least $100,000, according to data from Africa: The Big Deal. Monthly Comparison The February total represents an increase from $174 million raised in January 2026, according to the data tracker. The figure is slightly above the $254 […] The post African Startups Raised $272 Million in February 2026 appeared first on Tech In Africa.

Canal+ announced on March 5, 2026, that it will close Showmax, the streaming platform operated by its subsidiary MultiChoice, following a strategic review of digital activities in Africa. In October 2025, Canal+ finalized the acquisition of MultiChoice for approximately $2 billion after securing regulatory approval from South African authorities, according to the company. Various sources […] The post Canal+ to Shut Down Showmax Streaming Platform appeared first on Tech In Africa.

In celebration of International Women’s Day, the AI development platform that let users to build apps with AI, Lovable is offering free access to its platform for 24 hours i.e you can use lovable free for 24 hours. Over 120 in-person events are also being hosted across the globe by the Lovable SheBuilds community with […]

The African Development Bank Group has approved a €6.5 million investment in Saviu II, a venture capital fund managed by Saviu Partners, according to a February 27, 2026 board decision in Abidjan. The commitment comprises €4.5 million in equity and €2 million structured as a first-loss tranche deployed on behalf of the European Commission under […] The post African Development Bank Approves €6.5 Million Investment in Saviu II Venture Capital Fund appeared first on Tech In Africa.

SolarAfrica has completed a ZAR 635 million ($39 million) mezzanine-backed secondary transaction to acquire full ownership of Commercial Energy South Africa (CESA), according to company information. The deal gives SolarAfrica control of 90MW in commercial and industrial solar and battery assets across 134 sites, according to the announcement. Impact investor Inspired Evolution exited through the […] The post SolarAfrica Acquires Full Ownership of Commercial Energy South Africa in ZAR 635 Million Transaction appeared first on Tech In Africa.