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Egyptian waste-tech startup Bekia raises $765,000 in seed funding to scale its B2B waste-tracking SaaS across Africa.

Tech Build Africa • Sep 16, 2026

Egyptian startup Bekia secured $765,000 in seed funding led by Madica, with participation from Catalyst Fund and Jambaar Capital. The capital will fund engineering team expansion, growth of its B2B software, and pilot testing in a… Read full article →

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US tech firm Cybastion commits $300 million to build data centers and cybersecurity infrastructure in Senegal.

Innovation Village • Sep 16, 2026

US-based Cybastion has pledged $300 million to Senegal to develop state-of-the-art data centers, strengthen national cybersecurity, and facilitate technology transfers. The agreement was finalized in Washington, D.C. during a meeting between Senegalese President Bassirou Diomaye Faye… Read full article →

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Egypt partners with Intel to train one million citizens annually in artificial intelligence over the next three years.

Daily News Egypt (Business Section) • Sep 16, 2026

Egypt’s Ministry of Communications and Information Technology signed a three-year MoU with Intel to build national AI capabilities. The partnership aims to train 1 million citizens annually on AI concepts and qualify 1,500 local certified trainers… Read full article →

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Proparco commits $10 million to Africa50’s green infrastructure fund to develop bankable, climate-resilient projects across Africa.

Innovation Village • Sep 16, 2026

Proparco, the private sector financing arm of the French Development Agency, has committed $10 million to the senior tranche of the Africa Green Infrastructure Alliance – Project Development Fund (AGIA-PD).Managed by the pan-African platform Africa50,… Read full article →

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Moneda Investment Limited raises N6 billion in an oversubscribed commercial paper debut to finance African natural resource value chains.

Nairametrics • Sep 16, 2026

Moneda Investment Limited successfully raised N6 billion through its Series 1 Commercial Paper issuance, representing a 120% subscription rate on its initial N5 billion target.The transaction is the first under Moneda's N30 billion Commercial Paper… Read full article →

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Egypt’s exchange approves MNT-Halan’s temporary listing, clearing the path for a domestic public offering targeting a $1 billion valuation.

Innovation Village • Sep 16, 2026

The Egyptian Exchange approved the temporary listing of 1.6 billion shares under the ticker HALN.CA, giving fintech unicorn MNT-Halan until mid-March 2027 to finalize its IPO.Only MNT-Halan's Egyptian operations are going public at a pitched… Read full article →

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VEA Capital Partners has acquired a significant stake in South African data science and AI enterprise Bonisa AI.

Innovation Village • Sep 16, 2026

South Africa-based Bonisa AI specializes in data science and AI architectures for the retail, banking, and telecommunications sectors. The strategic investment from VEA Capital Partners aims to accelerate the deployment of applied, commercially driven AI solutions… Read full article →

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Egypt and China's CEC discuss partnering on advanced technologies, electronics localization, and digital infrastructure projects.

Daily News Egypt (Business Section) • Sep 16, 2026

Egypt's Minister of State for Military Production, Salah Gomblat, held talks with a CEC delegation led by Li Ligong. The discussions focused on joint opportunities in energy, electronics, cybersecurity, digital infrastructure, and fibre optics.The partnership aims… Read full article →

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Egypt targets adding 330 million cubic feet of daily gas production before the end of the year.

Daily News Egypt (Business Section) • Sep 16, 2026

Petroleum Minister Karim Badawi announced plans to add 330 million cubic feet per day to domestic gas production from fields in the Mediterranean and Western Desert before the end of the year.The production increase includes… Read full article →

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BlueOrchard secures $250 million first close for a climate fund targeting frontier and emerging markets.

Innovation Village • Sep 16, 2026

The BlueOrchard Climate Action Mobilisation Fund achieved a $250 million first close to bridge the climate finance gap in developing economies.The fund utilizes a blended finance structure where development finance institutions de-risk the senior notes… Read full article →

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Abbey Bank Plc has announced five new major shareholders following a successful private placement of 26.56 billion shares.

Premium Times • Sep 16, 2026

The private placement comprised 26,562,647,265 ordinary shares of 50 kobo each, issued at a price of ₦2.43 per share.Abdulganiyu Olajide Adeola and Herel Limited emerged as the largest new shareholders, holding 19.05% and 18.48% stakes… Read full article →

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IronOak acquires a 65% stake in Pepkor's South African distribution centers for $138.2 million, unlocking retail growth capital.

Innovation Village • Sep 16, 2026

South African corporate advisory firm YW Capital and RMB executed the R2.25 billion ($138.2 million) transaction through their joint platform, IronOak, on September 8, 2026.IronOak acquired a 65% majority stake in Badger Properties, which owns… Read full article →

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Russia's President Vladimir Putin meets African leaders at the BRICS summit to strengthen bilateral trade, security, and economic ties.

Business Post • Sep 16, 2026

Russian President Vladimir Putin held strategic bilateral meetings with the leaders of Egypt, Ethiopia, and South Africa on the sidelines of the BRICS summit in New Delhi, India.Egypt's President el-Sisi highlighted that bilateral trade with… Read full article →

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Morocco launches a $37 million state-backed fund to catalyze venture capital for local digital startups.

Disrupt Africa • Sep 16, 2026

Morocco has activated the MAD347 million ($37 million) Startup Catalytic Fund under Decree No. 2.26.576.The fund is launched by the Ministry of Digital Transition and Administration and managed by Tamwilcom to support VC funds investing… Read full article →

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Kenya's government appeals a High Court ruling that nullified the KES 204 billion sale of its Safaricom stake.

Capital FM Business Kenya • Sep 16, 2026

A three-judge High Court bench ruled the government's divestiture of its 15% stake in Safaricom to South Africa's Vodacom Group unconstitutional.Treasury Cabinet Secretary John Mbadi defended the deal, stating it followed parliamentary and cabinet approvals… Read full article →

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African-founded stablecoin platform Yellow Card enters Canada via its subsidiary Alkepay to offer cross-border payments and treasury infrastructure.

BusinessDay Nigeria — Technology • Sep 16, 2026

Yellow Card has launched payment services in Canada through its wholly owned subsidiary Alkepay Inc., enabling foreign exchange and cross-border funds transfers. Read full article →

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NIGCOMSAT partners with Thales Alenia Space to build NigComSat-2A, a next-generation satellite targeted for launch by 2028.

Technext • Sep 16, 2026

NIGCOMSAT has signed an agreement with Thales Alenia Space to develop the NigComSat-2A geostationary satellite using the Spacebus B2 platform.The new satellite, which has a targeted launch date around 2028 and a 15-year lifespan, will… Read full article →

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Nigerian fintech Bujeti launches BRAIN, a suite of four AI agents to automate corporate financial tasks.

TechCabal • Sep 16, 2026

Bujeti's new Real-time Agent Intelligence Network (BRAIN) features four AI agents Fetch, Chaser, Watchdog, and Concierge to automate tasks like invoice retrieval, customer payment follow-ups, and policy compliance.The system is scheduled to launch publicly on… Read full article →

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PenCom extends its pension enrolment deadline to December 31, 2026, after 79% of eligible federal workers failed to register.

Nairametrics • Sep 16, 2026

The National Pension Commission (PenCom) extended the online verification deadline by five months from July 31 to December 31, 2026.Only 31,099 out of an estimated 150,000 eligible federal employees in service prior to June 30,… Read full article →

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Liberia surpasses $1 billion in domestic revenue, marking a major milestone for the West African nation's fiscal independence.

AllAfrica Business • Sep 16, 2026

Minister of Finance Augustine Kpehe Ngafuan announced that Liberia has crossed the US$1 billion threshold in domestic revenue mobilization.The achievement is driven by collaborative efforts from the Ministry of Finance and Development Planning and the… Read full article →

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MTN Zambia and WWF launch the 2026 PachiPanda Challenge to support and fund young green-tech innovators.

Business Tech Africa • Sep 16, 2026

The MTN Zambia Foundation and WWF Zambia opened applications for the fifth PachiPanda Innovation Challenge, closing on October 16, 2026. Read full article →

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Kenya's High Court has invalidated the government's $2.1 billion sale of a 15% Safaricom stake to Vodacom.

Innovation Village • Sep 15, 2026

Kenya's High Court ruled the state's sale of a 15% Safaricom stake to South Africa's Vodacom Group unconstitutional, ordering the immediate return of the shares.Justices cited multiple violations of public finance laws, including a lack… Read full article →

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Presco Plc reported record 2025 financial performance at its 33rd AGM, with shareholders approving a ₦14.66 final dividend.

Premium Times • Sep 15, 2026

Presco's FY2025 revenue rose 59.3% to ₦330.6 billion, while Profit After Tax grew 56.1% to ₦121.4 billion.Shareholders approved a ₦14.66 final dividend, bringing the total dividend payout for the 2025 financial year to ₦44.66 per… Read full article →

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Egyptian fintech Zeal raises $10 million to expand its offline-to-online payment loyalty software globally.

Innovation Village • Sep 15, 2026

Egyptian payments technology startup Zeal has secured a $10 million funding round from undisclosed investors, bringing its total funding to $14 million.The capital is allocated for an aggressive global expansion and to activate its loyalty… Read full article →

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Africa GreenCo secures $11.5 million from existing investors to scale renewable energy trading across Southern Africa.

Innovation Village • Sep 15, 2026

Africa GreenCo raised an additional $11.5 million from existing shareholders Impact Fund Denmark and InfraCo, bringing its third funding close to $21.5 million.The regional energy trader acts as an intermediary offtaker, buying power from independent… Read full article →

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The Vumela Fund, managed by Edge Growth, has made a strategic investment in Cape Town-based fresh produce exporter Iris Fresh.

Innovation Village • Sep 15, 2026

The Vumela Fund has invested capital in Iris Fresh to bolster working capital and operational scaling.Iris Fresh acts as a supply chain link, sourcing premium fruits and vegetables from South Africa and neighbouring countries for… Read full article →

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The Kenya Revenue Authority approves 15 private vendors for electronic cargo tracking, phasing out government-owned seals by October 2026.

Capital FM Business Kenya • Sep 15, 2026

The Kenya Revenue Authority (KRA) is transitioning from its state-owned Regional Electronic Cargo Tracking System (RECTS) seals to a private, user-owned model.Logistics players including importers, exporters, and transporters, must procure and enter commercial agreements directly… Read full article →

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Interactive AI content company Flam raises $40 million Series B to expand globally, partnering with SmartSense Technologies in Nigeria.

Technext • Sep 15, 2026

Flam, an AI interactive content firm founded in 2021, has raised $40 million in Series B funding led by QED Investors.The new capital will support research and development on Flam's AI models, product expansion, and… Read full article →

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Africell secures a $99.6 million US EXIM loan to expand telecom infrastructure and counter Chinese influence in Angola.

Innovation Village • Sep 15, 2026

US-owned mobile operator Africell secured a $99.6 million direct loan from the US Export-Import Bank (EXIM) to expand its Angolan network. Read full article →

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Terrahex secures its first batch of Bitcoin mining machines to build a 9MW computing facility in Nigeria.

Business Post • Sep 15, 2026

Terrahex has secured its initial fleet of ASICs, which are undergoing testing and certification in Florida before being shipped to southern Nigeria.The company plans to launch its first 9MW modular computing facility in December 2026,… Read full article →

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