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Kenya is building a battery swapping network for electric motorcycles
For someone who makes a living from a motorcycle, keeping the bike running matters. A delivery rider cannot afford to spend hours waiting for a battery to charge. The same applies to motorcycle taxi drivers who need to keep moving to earn money. That is why SUN Mobility and Vivo Energy have started rolling out
Vwaza TV is taking a different approach to Africa’s streaming market
Getting an African film in front of an audience is one thing. Making money from it is another. That is the problem Vwaza Multimedia is trying to work on with Vwaza TV, its new streaming platform for African films, series and original productions. The Malawian company launched Vwaza TV on August 19. Instead of making
WorkKE is building a marketplace for Africa’s freelancers and skilled workers
There are plenty of skilled people in Africa looking for work. The problem is that having a skill does not always mean you know where to find the next customer. That is the gap Kenyan startup WorkKE is trying to address. Founded in 2025 by Kennedy Mokaya Asiago, WorkKE has built an online marketplace where
A diverted tuition payment led to a $450 million remittance business
Jones Amegbor did not set out to build a $450 million remittance business. The idea started with a tuition payment that never reached the university. In 2010, Amegbor was working at a bank when he needed to pay university fees for a family member. He could not leave work to visit an agent, so he
Ventures Platform raises $84 million for its second African venture fund
Ventures Platform has closed its second institutional fund at $84 million. The fund gives the African venture capital firm more room to put larger amounts of money into the startups it backs. The new fund, called VP Pan-African Fund II, is about 1.8 times larger than the firm’s first institutional fund. That fund closed at
How SMEs can register a business in Burkina Faso
Starting a business in Burkina Faso does not have to mean spending days moving between different government offices. The country has a one-stop system, the Centre de Formalités des Entreprises (CEFORE), where entrepreneurs can handle most of the main steps needed to register a business. For an SME owner, the process starts with choosing how
Zimbabwe wants more coal power as electricity shortages keep hitting businesses
Zimbabwe is looking to add another 640MW of coal-fired power as the country's electricity problems continue to affect businesses. Zhong An Coking & Power has applied for a licence to build the plant in Hwange. The application is now with the Zimbabwe Energy Regulatory Authority. If approved, the project would be connected to the national
Orion CMC Eyes $500–600 Million Tanzania Kabanga Nickel Deal
Orion Critical Mineral Consortium (Orion CMC) is in talks to invest $500 million to $600 million in Tanzania’s Kabanga nickel project, according to Africa Confidential. Bloomberg has also reported that Orion CMC is the preferred bidder in a process led by Standard Chartered. Lifezone Metals, which controls Kabanga, has confirmed advanced discussions with potential strategic
WhatsApp Adds New Protection for Accounts and Unknown Calls
WhatsApp has introduced three security updates aimed at making account protection easier and giving users more information when they receive calls from unknown numbers. The updates include support for multiple passkeys, stronger two-step verification and additional information for calls from people who are not saved in a user’s contacts. More Options to Protect WhatsApp Accounts
MTN Moves Into AI-Ready Data Centres With New African Venture
MTN Group has partnered with a UAE-backed investment platform to establish Africa Data Hub Holding Limited, a new company focused on developing data centres for cloud providers and enterprises across Africa. The venture will initially focus on Nigeria and South Africa, where MTN plans to expand its computing and cloud infrastructure while sharing the capital
JCM Power Secures 30 MW Manje Solar Project in Mozambique
JCM Power has been selected to develop the 30 MW Manje solar project in Mozambique’s Tete province, marking the independent power producer’s first project in the country. The project was awarded under Mozambique’s PROLER renewable energy auction programme, which aims to attract more private investment into the power sector. The Manje project dates back to
Nigeria Approves Two New Satellites to Expand Communications Capacity
Nigeria’s Federal Executive Council has approved the acquisition of two high-throughput communications satellites, NIGCOMSAT-2A and NIGCOMSAT-2B, as the country moves to expand satellite capacity and reduce its reliance on a single foreign technology partner. France’s Thales Alenia Space and Israel Aerospace Industries (IAI) will manufacture the satellites. NIGCOMSAT plans to launch NIGCOMSAT-2A by the end
Ghana Clears Oil and Gas Disputes, Opens Door to $3.5 Billion Investment
Ghana has resolved outstanding disputes with upstream oil and gas operators, clearing the way for $3.5 billion in new investment commitments in the sector. Partners in the Jubilee and TEN fields have committed up to $2 billion to drill 20 additional wells. The consortium behind the Offshore Cape Three Points (OCTP) project has also pledged
Breaking News Today – Wednesday 26 August 2026
African Start-up News Headlines: Business News Today Boardroom Battles Expected Today At Prosus AGM Some of the world’s largest investors have objected strongly to the share structure of Prosus and its parent company Naspers and how the companies pay their executives and board members. In disclosures of how they intend to vote at the companies’
CardinalStone Capital Advisers Raises $76 Million for Second Growth Fund
CardinalStone Capital Advisers (CCA) has reached a $76 million first close for its second fund, the CCA Growth Fund II. The fund will provide growth capital to small and medium-sized businesses in West Africa, with a focus on Nigeria, Ghana, Côte d’Ivoire and Senegal. CCA will target businesses with strong growth potential and plans to
Lisk closes its blockchain as African startups lose another source of funding
Lisk is shutting down its blockchain on 31 October 2026, ending a project that had also become a source of funding for African startups building in Web3. The Swiss blockchain company said the Lisk blockchain will be discontinued at the end of October, while its decentralised autonomous organisation (DAO) will also be wound down. The
ThriveAgric secures ₦5.3 billion to expand its agricultural trading business
Nigerian agritech company ThriveAgric has raised ₦5.3 billion ($3.93 million) through a commercial paper sale, giving it more money to buy crops from smallholder farmers and sell them to larger food businesses. The company had planned to raise ₦5 billion in the first series but received more interest from investors than expected. The deal is
Daniel Yu Backs African Businesses With Job Creation in Focus
Daniel Yu has spent years building businesses in Africa’s technology sector. Now he is focusing on a different problem: how to get more African businesses to create jobs. Yu, the co-founder of Wasoko, is behind the Africa Jobs Fund, which is targeting $100 million over five years. The fund is focused on two areas that
African small businesses are finding useful ways to put AI to work
There is a lot of noise around AI and what it could mean for African businesses. For a small business owner, much of that noise does not help much. The day to day problems are usually more basic. Customers need answers, payments need to be followed up, stock needs checking and quotes need to go
Askya wants to build ‘tech Dangotes’ starting with 10 African AI startups
Askya Investment Partners is looking for 10 African AI startups to join a six-week programme, with at least $200,000 going into one of the companies. The founders will not have to pay to join the programme or give up equity just to take part. But Askya is not pitching this as another accelerator where founders