Digital Africa

# Africa Funding Roundup Week 23: $150 Million Raised as Fintech Leads the Charge

This week, African startups raised approximately **$130.5 million** in funding across various sectors. A substantial portion of this total comes from two major initiatives: the **$100 million Africa J

In Week 21 of 2026, African startups raised a total of **$12 million** in funding. This marks a **15% decrease** compared to the previous week, when $14.1 million was reported. Despite the dip, the fu

This week, African startups collectively secured approximately **$2.65 million** in funding, a modest sum compared to previous weeks. Last week's total was significantly higher, driven by larger round

This week, African startups raised a total of **$5 million**, primarily driven by innovations in the AI sector and a thriving gig economy. This week's funding represents a modest dip compared to the p

Ever feel like you're paying for 5G but getting that sweet 2G dial-up experience? In Nigeria, at least, the government's finally saying "enough is enough." The Nigerian Communications Commission (NCC)

Let's be real: your laptop is probably older than your side hustle. But in 2026, trying to run a business on outdated tech is like trying to pay for Jollof with cowries. Forget "good enough" – you nee

Okay, let's be real. Another accelerator program? Yawn. But hold up – this one's got Afreximbank's name on it, and they're throwing serious weight behind boosting trade *within* Africa. Could this act

Hold up. Did Ghana just hand over the keys to the electric vehicle revolution… to the US? News broke that Atlantic Lithium Ltd. got the green light to develop Ghana's first lithium mine, and the desti

Okay, let's be real. How many times have we heard promises of a resource boom transforming an African nation? Ghana's got lithium now, and everyone's saying it's gonna be HUGE. But will it *actually*

Ouch! Kenya, once the undisputed darling of African agtech funding, is seeing its slice of the pie shrink faster than your bank account after a night out in Osu. In fact, Kenya's share of total agtech

Hold up, are we *finally* seeing a real solution to the cross-border payments headache that's been plaguing African businesses? Nomba, the Nigerian fintech company, just dropped a Global Payout API, a

Remember when sending money abroad felt like shouting into a well and hoping someone heard you? Yeah, Nigeria's cross-border payments have been *that* fun. But hold up, maybe, just maybe, the cavalry'

Hold up, what?! Kenya, once the undisputed king of African [agtech funding](https://blog.shwme.app/post/agtech-funding-fiasco-why-kenyas-losing-its-grip), has seen its share *halve* in just two years.

Let's be real, another company promising to "revolutionize Africa's digital infrastructure?" We've heard that one before. But UniCloud Africa's appointment of Dr. Krishnan Ranganath as CEO *might* act

Forget "digital transformation" buzzwords. The real question is: can Africa actually *own* its digital future? UniCloud Africa is betting big that it can, and their latest CEO appointment is a signal

Ever heard of a startup raising **$17 million** and thought, “Oh great, just what we need — another digital wallet”? Well, hold that eye-roll for a second because this isn't just any startup. **Badge*

**The future of money is here—and it's exciting!** Badge just snagged a whopping **$17 million** to push the boundaries of **digital wallets**. But what does this mean for Africa's tech landscape? Spo

Ever tried sending money across Africa and felt like you were navigating a maze? Well, buckle up! **Divest just dropped their V3 platform**, and they’re out to disrupt the status quo of how we move mo

Did you know that Africa is on the brink of an e-commerce revolution? 🙌 That’s right! With companies like **Giritoday** stepping up to the plate to enhance outbound capabilities, we're gearing up for

Imagine this: You’ve got an amazing brand. You've poured your heart and soul into it. But when potential customers search for you online, they can’t find a trace. Instead, they’re bombarded with a sea

**Welcome to the Wild West of Cybersecurity!** Seriously, if you think your business is too small for hackers to care about, prepare for a reality check. A staggering **87% of cybersecurity experts**

Ever thought about teaching your kids about **crypto** while you're still trying to figure it out yourself? Welcome to the future! Binance has just turbocharged its **Binance Junior** platform, and th

If you thought Ghana’s telecom industry was just about calling your buddy for a jollof rice recommendation, think again. **The drama brewing over new quality of service mandates is nothing short of a

**Can you imagine adding $136 billion to Africa's economy overnight?** Sounds like a wild dream, right? Well, according to Microsoft, it’s not just pie-in-the-sky thinking — it’s a real possibility if

**Let’s be real** — the online shopping revolution in Africa is no longer just a buzzword. It's happening right before our eyes, and Nigeria’s **9th Marketplace** is proof that the continent's e-comme

Did you know that **over half of Africa’s nations** have slapped a social media ban at some point? Yep, **33 countries**, to be exact. Whether it's for quelling dissent or controlling narratives, thes

**Wait, what? Rwanda just teamed up with Anthropic to shake up health and education with AI?** Yep, you read that right. The Rwandan government and AI powerhouse Anthropic just signed a three-year Mem

Ever feel like you're scrolling through a tech landscape dominated by the same old faces? **Let’s be real**—the tech world can seem like a boys’ club that’s not exactly rolling out the welcome mat for

**Wait, what? A digital bank is teaming up with big-name foundations to tackle financial inclusion in Ghana?** Yeah, you heard that right. The **Cisco Foundation** and **FINCA Ventures** are throwing

Let’s be real: if you thought Nigeria's crypto scene was already a wild ride, buckle up. The Securities and Exchange Commission (SEC) just dropped a **₦2 billion** capital requirement bombshell that's

Let’s be real: **Africa’s airports could use a serious glow-up**. Picture this: hundreds of airports scattered across the continent and yet only 10 handle half of all scheduled flights. What’s up with

Let’s be real for a second—online ads are about as popular as a toothache. You know what I’m talking about. Those little banners and pop-ups that promise you the world but end up in the “ignore” pile

## Is Nigeria About to Hit the Brakes on MTN’s $2.2 Billion Deal?

Did you know that **Africa’s e-mobility scene is heating up faster than a Nairobi street in July**? Yep, you heard that right. And at the forefront of this electric revolution is **Kenya's Arc Ride**,

Think you’re winning with your loyalty points? Think again! In Africa, loyalty programs are more siloed than your Auntie's conspiracy theories. Every time you collect those sweet points from one brand