Africa's Tech Future, Today.
Global cybersecurity firm Kaspersky is expanding its enterprise footprint across Africa following a decade of profitable growth. The company is targeting large-scale institutional contracts across banking, central government, and critical national infrastructure.
South Africa's Minister of Communications and Digital Technologies, Solly Malatsi, is working to rebuild the nation's national artificial intelligence policy framework. After withdrawing an earlier draft due to fabricated academic citations generated by AI, the ministry has instituted disciplinary proceedings and appointed an expert advisory panel to produce a verified policy.
Moniepoint UK Limited generated $36,284 in revenue for 2025 following the migration of customers from its diaspora remittance product, MonieWorld. The figure reflects one month of activity as the group reassesses its UK market footprint amidst rising competition and operational expenses.
Former banker Watson Matsa founded eSusFarm Africa to bridge the gap between traditional banking frameworks and smallholder agriculture. By leveraging soil, weather, and crop data, the platform creates dynamic risk management tools designed around seasonal earnings rather than rigid monthly schedules.
Cascador and Sterling Bank's new $200m credit backstop fund covers part of lenders' losses, so Nigerian SMEs can borrow up to $1m with less collateral.
Divorced individuals, widows, and single parents in Africa face significant social stigma and privacy risks when using mainstream dating platforms. In response, specialized platforms like Runo are emerging to offer tailored environments, digital privacy safeguards, and community verification for second-chance dating.
Financial technology startup Chimoney has been acquired by CapitalSage Vantage Limited, five months after announcing its closure due to capital depletion. The acquisition revives the cross-border payment platform, settles outstanding obligations, and secures a regulated pathway for international expansion.
Nigerian startups raised $364 million in August and just $11.3 million in September. One mega-deal explains most of the swing, and the underlying picture is weaker than either month suggests.
Two credible trackers put Africa's nine-month startup funding $800 million apart. The gap comes down to what each one counts, and both agree on the trend that matters: equity is back, debt is cooling.
Engineers at Microsoft's Africa Development Centre in Nairobi were told on 12 October that their roles are going. Microsoft calls it a "proposed" change and says it will keep staff in Kenya, but has not said how many jobs are affected.
Six years after launching vehicle financing for ride-hailing drivers in Lagos, mobility fintech Moove is exiting the Nigerian market. The company is handing over eligible vehicles valued at ₦35 billion to current operators, ending vehicle payment obligations as it shifts focus toward international markets and autonomous robotaxi fleets.
Oluwatomi Ayorinde and Chizaram Ucheaga launched Timon to solve the payment barriers faced by African travellers. By offering multi-currency travel cards, the startup has processed over $47 million across 16 African markets.
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