The four selected Nigerian startups focus on leveraging artificial intelligence to bridge gaps in financial inclusion and communications. Google has selected four Nigerian startups, Bani, MasteryHive AI, Regxta, and Termii, among 15 African startups for its 10th Accelerator Africa cohort, from nearly 2,600 applicants across the continent. The company disclosed the cohort’s chosen startups in…
African startups raised $711 million across more than 80 deals in the first quarter of 2026, according to data tracked by TechCabal Insights. About 18% of deals had undisclosed values. The disclosed funding reflects a mix of equity, debt, and grants flowing into the ecosystem during the period. Egypt led funding with $154 million, followed…
Low-cost Unmanned Combat Attack System (LUCAS) drones are positioned on the tarmac at a base in the U.S. Central Command operating area. Source: U.S. CENTCOM An Arizona-based battery startup led by a former General Motors executive is moving from making products for all-electric vehicles to making products for the aerospace and defense industries amid the…
Fintech remained the largest recipient of startup investment in Africa in early 2026, but funding data shows investors expanding into logistics, transport and energy. African startups raised $575 million across 58 deals between January and February 2026, according to TechCabal. In January, fintech companies led funding activity with $131.6 million raised. Major funding rounds from…
Nairobi — Three Kenyan startups were among five continental winners recognised at the Africa Entrepreneurship Awards 2026 held at the Sarit Expo Centre. The awards were presented during the 13th Sankalp Africa Summit, convened by Aavishkaar Group, Intellecap and the Sankalp Forum, bringing together over 1,000 entrepreneurs, investors and policymakers from more than 50 countries….
South African technology entrepreneurs are among the most creative and resilient in the world, with some of the most successful homegrown start-ups having gone on to tackle international markets. Some choose to stick closely to their South African roots as they grow, never selling the businesses to external investors. Others, however, catch the eye of…
Stellenbosch University has built an ecosystem encompassing education, research, investment and commercialisation that is helping start-ups in the Western Cape town thrive. Standouts include Praelexis, Spacialedge and CubeSpace, which has reached a R1-billion valuation. According to Prof Brink van der Merwe, head of computer science at the university, infusing entrepreneurial expertise into the teaching environment…
Seedstars has partnered with the SANAD Technical Assistance Facility (TAF) to launch the SANAD Elevate Her Programme. This multi-phase initiative supports female-led and 2X-aligned startups across the Middle East, North Africa, and Sub-Saharan Africa. The programme targets persistent barriers faced by women founders, including a $42 billion funding gap and limited access to finance, markets,…
In this episode of ITWeb TV, Jalusi Tech MD Thandiwe Shema details her start as a tech entrepreneur, reaching a target of employing 80% women in tech roles, adding more solutions to their product suite and how her company is helping small businesses innovate and plug in their digital gaps. With two new solutions –…
Guvendemir | E+ | Getty Images A wave of defense tech startups in Silicon Valley is drawing billions in funding and reshaping America’s national security. Anduril Industries, recently valued at $30.5 billion following its latest funding round, is among the so-called “neoprimes” — companies challenging the dominance of legacy contractors, dubbed “primes,” such as Lockheed Martin, Northrop…
