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Nigerian Fintech Accrue Launches Stablecoin Banking Platform for African SMEs
Nigeria-based stablecoin fintech Accrue has launched Accrue Business, a banking platform designed to help small and medium-sized businesses manage cross-border payments more efficiently. The platform enables businesses to hold, send and receive stablecoins, collect international payments, pay suppliers across multiple markets and manage payroll through a single platform. The new offering builds on the infrastructure
Mozambique Establishes National Drone Programme for Disaster Response
Mozambique has established a permanent national drone capability for disaster preparedness after graduating its first 30 certified drone pilots on 13 July. The programme was financed through a US$967,000 grant from the African Development Bank's Korea-Africa Economic Cooperation Trust Fund. Implemented over 15 months from April 2025, the programme trained drone pilots while equipping national
Have Africa Startups Become Too Dependent on Venture Capital?
Venture capital has played a major role in Africa's startup ecosystem. It gave founders access to funding that banks were unlikely to provide, allowing young businesses to hire staff, expand into new markets and develop products at a much faster pace. Fintech, e-commerce, health technology and software companies have all benefited from that support. But
Woolworths Introduces AI-Powered 'My Woolies Chef' to Simplify Meal Planning
Woolworths has introduced My Woolies Chef, an artificial intelligence-powered food assistant integrated into the Woolworths app to help customers find recipes, plan meals and shop for ingredients. The feature will be introduced to a selected group of MyDifference loyalty programme members in September 2026 as part of a beta release. A broader rollout is planned
The Next Test for Africa's AI Investment
Their is no Doubt Artificial intelligence has become one of Africa's biggest technology priorities. Governments are introducing national AI strategies, investors are backing startups, and global technology companies are expanding infrastructure across the continent. New AI labs, funding announcements and innovation programmes appear almost every month. The momentum is difficult to ignore. But for businesses,
Nigerian Fintech Startup Gigbanc Winds Down Operations
Nigerian fintech startup Gigbanc has announced that it is winding down operations, citing the increasingly difficult funding environment facing many early-stage startups across Africa. Founded to simplify cross-border payments for freelancers, creators, entrepreneurs and businesses, Gigbanc built a platform that enabled users to receive international payments more easily. In a statement issued by its co-founders,
Startup Mondays: Understanding Your Startup's Funding Options
Every founder reaches a point where the business needs more money to grow. It might be to build a product, hire staff, buy equipment or expand into a new market. The first reaction is to start looking for investors, but venture capital is only one of several ways to finance a business. Before looking for
Founder Fridays: LevUP
Funding remains one of the biggest challenges facing South African entrepreneurs. Through years of working with startups and later navigating the funding process himself, Khobone Ntsoaole noticed that many founders were spending more time searching for funding than understanding what funders were actually looking for. That realisation led to the creation of LevUp, a platform
Flutterwave Secures Circle Ventures Investment to Expand USDC Payments
Nigerian fintech company Flutterwave has secured a strategic investment from Circle Ventures, the venture capital arm of Circle Internet Group. The funding will accelerate the integration of USDC stablecoin settlement into Flutterwave's payments platform. The companies did not disclose the value of the investment. Flutterwave said the funding will help businesses settle transactions in USDC
The Mining Wrap
Artificial intelligence and automation continue to gain momentum across the mining sector, with the Innovation in Mining Conference 2026 placing digital mining, autonomous systems and MineTech startups in the spotlight. The event reflects growing industry investment in technologies that improve safety, productivity and sustainability while creating opportunities for emerging technology companies to engage with mining
Google Launches Africa's First Applied AI Lab in Ghana
Google has announced plans to establish Africa's first Applied AI Lab in Accra, Ghana, as it steps up support for startups developing artificial intelligence applications. The programme will provide selected founders with access to Google's AI models, technical expertise and venture capital partners. The announcement came during the company's first Google Cloud Summit Africa in
Busha, Women in DeFi Partner to Support Women in Digital Finance
Pan-African financial services company Busha has partnered with Women in DeFi (WiD) to support more women pursuing careers in technology, blockchain, Web3 and digital finance across Africa. The partnership was announced at the Women in DeFi Summit 2026 in Lagos, where five young women received laptop scholarships to support their education, career development and entrepreneurial
X Introduces Video Reply Feature for iOS Users
X, formerly known as Twitter, has introduced a new video reply feature for iOS users, allowing people to respond to posts with recorded video overlays instead of text alone. The update adds built-in editing options, including green screen, split screen and picture-in-picture modes. Users can choose how they appear alongside the original post when recording
Google and Idris Elba Launch AI Initiative for 100,000 African Creators
Google and actor Idris Elba have launched a US$1 million initiative to provide artificial intelligence tools to 100,000 creators across five African countries, helping them produce digital content more efficiently. The programme, funded by Google and Elba's Elba Hope Foundation, will provide creators in Nigeria, South Africa, Ghana, Kenya and Sierra Leone with access to
Nigeria's SEC Admits Seven Fintech Firms into Regulatory Sandbox
Nigeria's Securities and Exchange Commission (SEC) has granted Approval-in-Principle (AIP) to seven fintech and digital asset companies under its Accelerated Regulatory Incubation Programme (ARIP). The approvals allow the companies to operate within the SEC's regulatory sandbox. There, the commission will test their products, services and business models under regulatory supervision before they enter the wider
Egyptian AI Startup BrainsMingle Raises US$400,000 in Seed Funding
Egyptian artificial intelligence startup BrainsMingle has secured US$400,000 in seed funding as it expands its video-first professional networking platform. The company plans to use the investment to grow a platform that combines live knowledge sharing, professional networking and community building. The funding comes from BasharSoft Group, one of Egypt's largest human capital technology companies. It
Solar Agriculture Promised Lower Costs. Has It Delivered?
Solar agriculture has long been promoted as one of the answers to African farming's biggest cost pressures. Rising diesel prices, unreliable electricity and expensive irrigation have made renewable energy an increasingly attractive alternative. The promise was straightforward lower operating costs, greater energy independence and stronger farm profitability. But has the technology delivered where it matters
Zimbabwe Launches AI for Impact Challenge with Up to US$80,000 for Winning Teams
Zimbabwe is stepping up efforts to grow its artificial intelligence ecosystem with the launch of the AI for Impact Challenge. The national programme offers selected teams up to US$80,000 to develop AI solutions that address public, industry and regulatory challenges. Applications close on 14 July. The initiative forms part of Zimbabwe's National Artificial Intelligence Strategy
Commonwealth Honours Ugandan AgriTech Entrepreneur
Ugandan technology entrepreneur Shifra Ainomugisha has been named the 2026 Commonwealth Young Person of the Year for developing AI and solar-powered agricultural technologies that help smallholder farmers reduce post-harvest losses, improve productivity and increase rural incomes. The award, presented during the 2026 Commonwealth Youth Awards in London, recognised Ainomugisha's work through Solafam Uganda Ltd., a
Kenyan HR-Tech Startup Fuzu Raises US$3.86 Million for African Expansion
Kenyan HR-tech startup Fuzu has secured US$3.86 million in Series A funding to accelerate the development of its artificial intelligence-powered recruitment platform and support expansion across Africa. The funding round attracted investment from Sparkmind.vc, Finnfund, Cornerstone Enterprises, Aucfan Incubate, Seedstars International, Kepple Africa Ventures, Barona and a group of individual investors. The new capital will