Africa: Yamify Gets Launch Africa Backing for AI Deployment Platform

Yamify secured funding from Launch Africa Ventures as part of its pre-seed round, giving the developer-first AI startup new capital to expand distribution. Read more »

South Africa: Redpoint Advisors Buys South African Intelligence Firm Voxcroft

South African open-source intelligence company VoxCroft Analytics has been acquired by US-based Redpoint Advisors in a deal aimed at strengthening intelligence and risk-analysis… Read more »

Egypt: Edafa Venture Acquires Ai Startups in Egypt

Edafa Venture acquired 2 artificial intelligence startups in six-figure deals as it moves to expand its position in Egypt's AI and technology market. Read more »

Africa: Foras.Ai Backs Arabic Ai Education Platform Efham.Ai

Foras.AI invested in Efham.ai, an Arabic-language AI education platform developed by Egypt-based NixAI, as demand grows for artificial intelligence skills across the Middle East… Read more »

South Africa: South Africa's Yoco Acquires Dyner to Expand AI Tools for SMEs

South African fintech Yoco has acquired Dyner.ai, an AI-powered software platform for restaurants and independent businesses, as it expands beyond payments into business management… Read more »

Africa: AFC Commits $100m to African Tech Venture Funds

Africa Finance Corporation (AFC), the pan-African development finance institution with over $19 billion in total assets, has committed $100 million to invest in Africa-focused… Read more »

Niger: Nigerian Fintech Chimoney Shuts Down After Funding Shortfall

Chimoney, a Nigerian-founded fintech that built cross-border payment tools for businesses, has shut down after it failed to raise enough capital to keep operating. Read more »

Morocco: Onatel Grows Revenue but Costs Keep Profits Under Pressure

ONATEL (BRVM: ONTBF), the Burkina Faso telecom operator that trades as Moov Africa and is 61% owned by Morocco's Maroc Telecom, grew its customer base and revenue in the first… Read more »

South Africa: Shiprazor Raises $2.65m Seed to Cut E-Commerce Delivery Costs

Shiprazor, a Cape Town-based e-commerce logistics platform, raised $2.65 million in seed funding to help online merchants cut delivery costs, improve checkout conversion and manage… Read more »

Africa: Google Selects 15 African Ai Startups for Accelerator Programme

Google has selected 15 African startups for its latest AI-focused accelerator, targeting early-stage companies building solutions across key sectors including fintech, agriculture… Read more »

Senegal: Senegalese Telco Giant Sonatel to Pay Dividends May 26

Sonatel (BRVM: SNTS) will pay a dividend of 1740 FCFA per share for the 2025 financial year, according to a market notice issued on April 23. Read more »

Senegal: Sonatel First-Quarter Revenue Grows 7 Percent On Data, Mobile Money Demand

Groupe Sonatel, the Orange-branded telecom operator spanning Senegal, Mali, Guinea, and Sierra Leone, opened 2026 with revenue growth of 6.9% to XOF 504.2 billion ($904 million at… Read more »

South Africa: South Africa's Refiant Raises $5m to Build Efficient Ai Models

South African startup Refiant AI has raised $5 million in a seed round to develop tools that reduce the size and energy use of artificial intelligence models. The funding will… Read more »

Ghana: MTN Completes Ghana Mobile Money Spinoff to Scale Fintech Unit

MTN Group has completed the separation of its mobile money business in Ghana, as it moves to position fintech as a standalone growth unit. The company said its Ghana subsidiary,… Read more »

Nigeria: Paga Founder Moves to Group CEO As Fintech Targets Expansion

Tayo Oviosu is stepping back from day-to-day operations at Paga after 17 years, moving into a Group CEO role as the company restructures its leadership. Read more »

Africa: SMC DAO Acquires Nigeria's Bread Africa in Crypto Consolidation Move

SirMapy and Co DAO has acquired Nigerian crypto startup Bread Africa in an all-cash six-figure deal, as consolidation continues in the country's digital asset sector. Read more »

Africa: Egypt Leads As African Tech Startups Raise $711m in First Quarter

African startups raised $711 million across more than 80 deals in the first quarter of 2026, according to data tracked by TechCabal Insights. About 18% of deals had undisclosed… Read more »

Cote d'Ivoire: Orange Côte d'Ivoire Launches Mobile Pro Offer for Entrepreneurs

Orange Côte d'Ivoire launched Mobile Pro, a prepaid mobile offering aimed at entrepreneurs and small businesses seeking integrated communication services. Read more »

South Africa: Happy Pay Raises $5m to Expand Ad-Subsidised Payments Model

South African startup Happy Pay raised $5 million in a seed round to scale its ad-subsidised payments network, a model that removes interest and fees from consumer finance. Read more »

Egypt: Qualiphi Acquires Career Club to Expand Ai Career Platform Across Mena

Qualiphi has acquired Career Club in a six-figure deal completed in the second half of 2025, as it expands AI-powered career services across Egypt and the Gulf. Read more »

Egypt: Egyptian E-Commerce Startup Mitcha Acquired By US Firm Converted

Converted has acquired Mitcha as it expands its data-driven commerce ecosystem in emerging markets. Read more »

Nigeria: Nigeria Central Bank Mandates AI Tools for AML Monitoring

The Central Bank of Nigeria has formally incorporated artificial intelligence into its anti-money-laundering framework, requiring banks, fintech firms and payment companies to… Read more »

Nigeria: MTN Nigeria Races Ahead in Fibre Broadband Market

MTN Nigeria expanded its lead in Nigeria's fixed broadband market after adding 13,433 subscribers to its fibre-to-the-home service in December 2025. The gains come as smaller… Read more »

Africa: Njiapay Gets $2.1m to Expand Payment Orchestration Platform in Africa

NjiaPay has raised $2.1 million in seed funding to expand its payment orchestration platform across Africa, which was led by Newion. The company said the capital will be used to… Read more »

Africa: Roam Launches Connected Vehicle Platform for Electric Fleets in Africa

Roam has launched a digital platform that connects electric vehicles to a centralized monitoring system designed for fleet operators across Africa. Read more »