WIOCC Group has raised $300 million from Saudi Arabia’s Vision International Investment Company and Africa Finance Corporation (AFC) to expand its digital infrastructure business across Africa.
Jordanian edtech company Abwaab has acquired Egyptian education technology startup Eduact for an undisclosed amount, adding software for independent teachers and learning centers to its platform.
French health-tech company Alan has acquired Senegalese digital health startup Tanel, giving its founders and early investors a rare exit in Francophone Africa’s healthcare technology market.
Nigerian card-issuing fintech Allawee will shut down its personal and business account services on December 1, 2026, following its acquisition by Paystack in 2025.
Huawei has launched its agentic AI cloud service in Nigeria, expanding its cloud offering as businesses across the country increase their adoption of artificial intelligence.
Uganda is reviewing its digital entrepreneurship rules as the government and technology stakeholders push for reforms to help local startups build, test, and reach markets more easily.
The United Arab Emirates has approved a 10-year license for Elon Musk’s Starlink to provide satellite internet and communications services in the country.
African startups developing solutions to social and economic challenges can now apply for up to $1.5 million in funding from the Development Innovation Ventures (DIV) fund.
OPay is considering a listing on the Nigerian Exchange (NGX), which could give Nigerian investors direct access to one of the country’s biggest fintech companies.
UAE-based financial AI platform Oro has raised $3 million in a strategic funding round co-led by MH Ventures and Mapleblock Capital, with participation from M2M Capital, Archer Capital, and X21 Digital.
Saudi Arabia’s HUMAIN has partnered with Microsoft to merge its Arabic-focused artificial intelligence models into Microsoft’s enterprise AI ecosystem, expanding access to systems designed for the region’s language and business needs.
