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Energy & Technology

The stories that matter to professionals in the energy and technology sectors and engineers building products for African users and markets. The companies being built, the products being shipped, and the founders doing both.

Energy & Technology

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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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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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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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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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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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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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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Six Rwandan health-tech startups secured Rwf60 million ($50,000) in non-dilutive seed funding from the iAccelerator programme.

Business Tech Africa • Sep 15, 2026

Six startups selected from 15 finalists each received Rwf10 million ($8,333) in equity-free capital during the seventh phase of the iAccelerator programme.The funded ventures include Steps Initiative, building a mental health and addiction app, and… Read full article →

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YW Capital and RMB acquire a 65% stake in Pepkor's logistics property portfolio for R2.25 billion via IronOak.

Tech Financials • Sep 15, 2026

YW Capital’s real estate platform, IronOak, partnered with RMB to acquire a 65% stake in Badger Properties, which owns three of Pepkor’s key distribution centres, for R2.25 billion. Read full article →

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UK-based telecom provider Lebara launches commercial MVNO operations in Nigeria, targeting one million subscribers in its first year.

Technext • Sep 15, 2026

Lebara has officially launched commercial operations in Nigeria as the country's second active Mobile Virtual Network Operator (MVNO) following Vitel Wireless.The operator holds a Tier 5 MVNO licence, the highest category issued by the Nigerian… Read full article →

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Pan-African investor Madica backs five pre-seed startups across Nigeria, Cameroon, Algeria, and Egypt with up to $200,000 each.

Business Post • Sep 15, 2026

Madica, an early-stage investment programme affiliated with Flourish Ventures, has announced five new startup investments across four African markets.Each startup will receive up to $200,000 in funding and join Madica's 18-month program providing mentorship, executive… Read full article →

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Lumira Moz Energy starts building a $10 million solar equipment factory in Mozambique's Beluluane Industrial Park.

Business Tech Africa • Sep 15, 2026

Lumira Moz Energy is constructing a solar equipment factory in Mozambique's Beluluane Industrial Park, which already hosts over 70 operating companies.The first phase of the manufacturing facility is expected to cost more than $10 million. Read full article →

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Premier Group is permanently closing its historic South African fruit cannery, cutting over 400 jobs and triggering a regulatory probe.

Innovation Village • Sep 15, 2026

Premier Group Limited will not reopen the Fruit Processing Western Cape (FPWC) cannery in Tulbagh, South Africa, ending over 80 years of agricultural processing at the site.The closure is driven by a severe downturn in… Read full article →

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Woolworths ranks as South Africa's most trustworthy retailer, driving FY2026 growth through its expanding food division.

Innovation Village • Sep 15, 2026

Woolworths secured the 15th spot globally and top spot in South Africa on the 2026 World’s Most Trustworthy Companies list compiled by Newsweek and Statista.Other South African retailers outranked US giant Walmart (54th), including Dis-Chem… Read full article →

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South Africa's Prudential Authority fines Capitec Bank R28 million for anti-money laundering and financial compliance failures.

Innovation Village • Sep 15, 2026

The Prudential Authority penalized Capitec Bank R28 million following a 2023 inspection that uncovered breaches of South Africa’s Financial Intelligence Centre Act.The compliance failures spanned five areas, including inadequate basic and enhanced customer due diligence,… Read full article →

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Egyptian AI startup Synapse Analytics raises $13 million Series A to scale its financial decisioning platform across Africa.

Disrupt Africa — South Africa • Sep 15, 2026

Cairo-based Synapse Analytics secured $13 million in Series A funding led by Partech, with participation from Algebra Ventures and Silicon Badia.The startup's AI-native decisioning platform helps banks, fintechs, and telcos automate credit scoring, onboarding, fraud… Read full article →

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