Technology news around the ecosystem!

  • Acumen Invests $5M to Expand Sun King’s Solar Reach in Zambia

    Access to reliable electricity remains a major challenge across parts of Africa, and distributed solar is increasingly being used to reach households and communities beyond the limits of traditional power grids. In Zambia, a new $5 million investment from Acumen into Sun King is set to support the expansion of affordable solar energy solutions. The…

  • How Nigeria’s Cassava Industry Is Unlocking $6.8M in Farm Credit

    Nigeria’s cassava industry is increasingly becoming more than an agricultural story. Beneath the fields and processing plants lies a financing opportunity that could reshape how smallholder farmers access capital, manage risk and participate in the formal economy. A $6.8 million financing initiative linked to Nigeria’s cassava value chain illustrates how agricultural finance is moving beyond…

  • Sterling Financial Begins Capital Restructuring

    Sterling Financial Holdings Company PLC has commenced a share capital reconstruction aimed at reorganising its equity structure while leaving the company’s total shareholders’ funds unchanged. The move represents a balance-sheet restructuring rather than a fresh injection of capital into the group. Share capital reconstruction is generally used by companies to reorganise the nominal structure of…

  • Yango Backs Africa’s Next Generation of Problem-Solvers

    Africa’s technology sector is increasingly moving beyond the idea that innovation must be imported. Across the continent, startups and technology companies are investing in local engineers, product designers, entrepreneurs and problem-solvers who understand the realities of African markets from the inside. Yango’s 2026 Pan-African fellowship is part of that broader shift. The fellowship is designed…

  • How PoS Terminals Are Becoming Gateways to Everyday Investing

    The familiar point-of-sale terminal is evolving beyond its traditional role as a tool for accepting payments. Across Africa, fintech companies are increasingly turning the devices into gateways for broader financial services, including savings, insurance, credit and investment products. The shift reflects a simple reality: the PoS terminal often sits at the centre of financial activity…

  • Lisk’s Exit Creates a New Funding Gap for Africa’s Web3 Startups

    Lisk’s decision to shut down its blockchain is creating a new funding gap for African Web3 startups at a time when capital for blockchain companies across the continent is already becoming harder to secure. The Swiss-founded blockchain company announced in August 2026 that the Lisk Chain will close on October 31, while its decentralised autonomous…