Startup funding hits $177.1 million as top 10 claim 92.49% in January 2026

Africa’s startup industry began 2026 at a slower pace. With total startup funding dropping significantly as investments remained concentrated among a few dominant players. In January 2026, 28 startups raised $177.1 million. A sharp decline from the $349.1 million secured across 75 deals in December 2025. This figure is also lower than the $292.65 million…

Read More

The Mastercard Foundation Fund for Alumni Start-ups in Transition (FAST) Program

The Mastercard Foundation is excited to announce on their X(formerly called Twitter) Platform that applications for the third round of the FAST program are now open! FAST is design to empower the next generation of entrepreneurs by offering enterprise support, business development training, and access to a network of mentors and like-minded innovators. What is…

Read More

The Africa Stablecoin Network Calls for Unified Regulation to Boost Nigeria’s Economy

The Africa Stablecoin Network (ASN) has urged the adoption of a unified regulatory framework to unlock the potential of stablecoins for Nigeria’s economy. In a statement released on Tuesday, ASN expressed its support for the Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, who emphasized the need to modernize cross-border payment systems. ASN highlighted its…

Read More

ITU Opens Applications for AI for Good Innovation Factory Program

The International Telecommunication Union (ITU) has announced that applications are now open for its AI for Good Innovation Factory program. This initiative seeks artificial intelligence solutions to tackle challenges in the education sector. However, The announcement was made on ITU’s official X (formerly Twitter) page. About the Program Note that, The AI for Good Innovation Factory supports startups developing…

Read More

Zinox Technologies Partners TD Africa to Boost African Tech Ecosystem

In a groundbreaking move set to redefine African Tech Ecosystem, Zinox Technologies, a leading manufacturer of innovative tech solutions, and TD Africa, the continent’s largest tech and lifestyle distributor, announced a strategic partnership. The collaboration was unveiled on Friday during an exclusive press conference attended by industry leaders, journalists, and key stakeholders. This partnership marks…

Read More

Bluebulb to Launch Orbita, Self-Service Treasury Platform

Company operating in multiple African markets often face the challenge of managing international payments. Across four to ten different platforms or integrations to handle various currencies and payment corridors. Bluebulb, a B2B cross-border payments company, has announced the launch of Orbita. A self-service treasury platform designed for African businesses managing global payment operations. Orbita aims…

Read More

Electric Vehicles Gaining Traction Among Nigerian Drivers

Electric vehicles (EVs) are proving reliable for city drivers in Nigeria, offering consistent range and lower maintenance costs, even as public charging infrastructure remains limited. This insight comes from a conducted interviews with EV owners, assemblers, and industry experts across Lagos and parts of the South-East. For structured urban commutes, EVs are becoming a practical choice….

Read More

AI Ventures Accelerator Offers $10,000 for African Startups Led by Young Women

Young women leading African startups are encouraged to apply for the AI Ventures Accelerator. This program offers selected teams $10,000 in equity-free seed funding, along with mentorship and skill-building opportunities. About the Initiative The accelerator organized by Technovation and Generation Unlimited. It aims to empower young female innovators by supporting technology-driven solutions and enhancing entrepreneurship…

Read More

Leo Stan Ekeh Foundation, Zinox Group to invest N10B on 1000 University Tech scholarships for indigent Nigeria wiz-kids

Leo Stan Ekeh, Africa’s leading tech icon and Chairman of Zinox Group, is turning 70 on February 22. Instead of hosting a grand celebration. Ekeh has chosen to mark this milestone by offering university scholarships to 1,000 underprivileged Nigerian students. These scholarships will enable the recipients, described as “indigent wiz-kids,” to study Computer Science at…

Read More