From Lagos to Nairobi

Africa50 is strengthening its push to close Africa’s infrastructure and energy gaps with two major developments: the appointment of Cheick-Oumar Sylla as CEO of its Project Development Fund and a $71 million commitment to its Distributed Renewable Energy (DRE) Fund. The infrastructure investment platform announced Sylla’s appointment on September 1, bringing more than three decades…

Egyptian logistics startup Mylerz has secured more than $2 million in fresh debt and equity funding as it moves to strengthen its infrastructure and capture rising demand from the country’s expanding e-commerce market. The funding, worth more than EGP100 million, was led by Lorax Capital Partners, with participation from Fawry and other existing investors. The…

Egypt’s 3C Coding School is taking its next growth step beyond the country’s borders after raising $3 million in seed funding to expand into Saudi Arabia and accelerate the development of an artificial intelligence-powered learning platform. The equity round was led by MRG Economic Group, headed by Egyptian businessman Mahmoud Ramadan, with participation from investor…

Artificial intelligence is moving into a new phase for businesses. Instead of simply answering questions or generating content, AI is increasingly being deployed to make decisions, automate repetitive work and connect different parts of an organisation. South African technology group 4Sight Holdings is positioning itself around that shift, betting that the biggest opportunity lies in…

Sun King is taking its pay-as-you-go financing model beyond solar products and deeper into Kenya’s smartphone market, putting it in direct competition with established players such as M-KOPA. The move highlights a broader shift in African consumer finance, where smartphones are increasingly being treated not simply as devices, but as gateways to the digital economy.…

Uber has restored Visa card payments in Kenya, ending an eight-month suspension that forced riders to rely on alternative payment methods. The reversal comes months after the ride-hailing company removed Visa from its platform, citing rising payment processing costs. The return was first noticed on September 4, 2026, when Uber began prompting Kenyan users to…