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Africa Tech News
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Africa Tech News
Gen Z-founded Terra Industries extends seed round to $52M, opens London office
Terra Industries has added $18 million to its seed round, pushing the total raised at the seed stage…
Ripple bets on Flutterwave at $3.2B to bring stablecoin rails to African payments
Flutterwave, the African payments company that has processed more than $50 billion in transactions, is overhauling its underlying…
Lightrock’s cash for climate hits $2B with final close of $500M fund for clean energy in emerging markets
Lightrock has reached final close on a $500 million energy access fund, bringing its total assets to $5.8…
Airtel Africa plans a London IPO for its mobile money unit, aiming for $2B raise at a $10B valuation: report
Airtel Africa is considering a London IPO of its mobile money unit to raise between $1.5 billion and…
Orca Fraud raises $2.35M to protect mobile payments across 70 emerging markets
Africa’s digital payments scene is booming, but with that growth comes a wave of fraud risks that Western…
Exclusive: London-founded GoCab raises $45M to offer vehicle loans to gig workers in Africa
The rise of ride-hailing and delivery services in Africa has created millions of gig jobs, but many drivers…
London-based Lightrock invests $40M in Sun King’s off-grid solar growth
Sun King, an off-grid solar energy provider, has secured $40 million in equity financing from London-headquartered Lightrock, to…
Fintech unicorn Moniepoint grabs $200M to expand across Africa and Europe
Many small and medium-sized enterprises (MSMEs) across Africa, especially in Nigeria, lack affordable and reliable financial services. Traditional…
Grey awards $9500 to women entrepreneurs from Brazil and Nigeria through UpGreyed Her 2025
Second edition of the annual program scales beyond Africa, receives nearly 2,000 applications from women founders across multiple…
