Egyptian healthtech company Reme-D has raised $1.45 million in a pre-Series A funding round led by Anara Impact Capital, with participation from the Global Innovation Fund, Africa Health Ventures and other investors. The new funding will be used to expand the company’s manufacturing capabilities, enter new African markets and diversify its molecular diagnostics portfolio. Reme-D…
The Jaywan Debit Card offers customers a secure, reliable, and efficient way to make everyday payments and access cash nationwide. First Abu Dhabi Bank (FAB), one of the world’s largest and safest financial institutions and the UAE’s global bank, has launched the Jaywan Debit Card under the UAE’s national card scheme, managed by Al Etihad…
Kenya Restores Presidential Website After Cyberattack and Ransom Demand Kenya’s official presidential website, president.go.ke, has been restored after hackers defaced its homepage and demanded a ransom of five Bitcoin, valued at approximately KSh41.3 million (about $320,000). The cyberattack was detected on 18 July 2026. The attackers replaced the website’s homepage with messages directed at President…
Cogniviti Labs Expands into South Africa to Drive AI-Led Enterprise Transformation Cogniviti Labs (C-Labs), a Singapore-headquartered artificial intelligence and digital transformation company specialising in next-generation procurement and finance solutions, has announced its expansion into South Africa as part of its global growth strategy. The move introduces C-Labs’ award-winning AI-powered enterprise solutions and digital transformation capabilities…
Busha Business, the business-to-business infrastructure division of Busha, has partnered with Tether, the world’s largest digital asset company and issuer of USD₮, to expand access to licensed stablecoin infrastructure for businesses across Africa. The partnership enables businesses to access globally connected stablecoin liquidity, facilitating faster cross-border payments, improved treasury management and quicker settlement of international…
Africa’s fast-growing borderless economy is revealing gaps in the continent’s financial systems, as payment platforms, banking structures, and regulatory frameworks struggle to keep up with the increasing flow of money, goods, services, and people across borders. This was highlighted by fintech expert Benjamin Dada, founder of Condia. Dada previously served as Nigeria’s country manager for…
Moroccan super app ORA Technologies has secured an additional $2 million from local investors, extending its Series A funding round to a total of $10 million as it expands its food delivery and digital payments operations. What makes the funding round particularly significant is not only its size but also its investor composition. ORA said…
Nigeria has regained its status as one of Africa’s leading startup investment destinations after attracting $254 million in funding during the first half of 2026, representing the country’s strongest fundraising performance in almost four years, according to new data from Africa: The Big Deal. Although Egypt led the continent with total funding of $327 million,…
Nigeria may have joined the global debate on Big Tech and artificial intelligence later than many advanced economies, but this delayed entry could ultimately prove to be a significant advantage. The country’s ongoing investigation into Google, Meta, X and several generative AI platforms has been widely viewed as another regulatory dispute involving global technology companies….
Nigeria is increasing the deployment of locally developed drone technology as part of efforts to enhance its domestic defense capabilities and intensify operations against insurgent groups. Local technology firm UNICCON is currently developing a range of drones for surveillance, reconnaissance and combat missions, including loitering munitions specifically designed to suit Nigeria’s operating environment and terrain….