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.

Nigerian fintech CreditChek acquires Ugandan startup Algosys to expand its credit and lending infrastructure across East Africa.

Technext • Sep 9, 2026

Nigerian credit assessment startup CreditChek has acquired Ugandan core banking and lending software provider Algosys for an undisclosed amount.Algosys will operate as a subsidiary of CreditChek, with its team fully integrated to build a unified,… Read full article →

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Yellow Card has secured conditional approval-in-principle from Nigeria's SEC to enter its regulatory incubation program, ARIP.

BusinessDay Nigeria — Technology • Sep 9, 2026

Yellow Card Financial Nigeria Limited has been conditionally admitted into the Securities and Exchange Commission's Accelerated Regulatory Incubation Programme (ARIP). Read full article →

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Digital Parks Africa is building a new carrier-neutral data centre in Lagos to expand its West African footprint.

Tech Build Africa • Sep 9, 2026

Digital Parks Africa (DPA) announced the development of Nigeria Data Centre 1 (NDC1), a carrier-neutral facility in Lagos, Nigeria.DPA is collaborating with the Uptime Institute to pursue a Tier IV Certification of Constructed Facility assessment… Read full article →

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Newly appointed NIF CEO James Mworia proposes listing an infrastructure development fund on the Nairobi Securities Exchange to boost financing.

Capital FM Business Kenya • Sep 9, 2026

James Mworia, the newly appointed CEO of Kenya's National Infrastructure Fund (NIF), has backed listing an infrastructure development fund on the Nairobi Securities Exchange (NSE). Read full article →

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ChamsSwitch launches GLASS, a unified payment gateway connecting Nigerian merchants to major Asian and global digital wallets.

BusinessDay Nigeria — Technology • Sep 9, 2026

Nigerian fintech ChamsSwitch has launched GLASS, a unified payment gateway designed to consolidate local and international payment methods into a single integration.The platform enables eligible merchants to accept payments from global card networks like Visa,… Read full article →

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Uruguayan payments firm dLocal's Ghanaian subsidiary secured an Enhanced Payment Service Provider licence to operate local payment services directly.

TechCabal • Sep 9, 2026

dLocal Ghana has obtained an Enhanced Payment Service Provider (EPSP) licence from the Bank of Ghana to process local payment collections, merchant acquisitions, mobile money acceptance, and bank payouts directly. Read full article →

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Ugandan startup Irrisol secures funding from DOB Equity to scale solar-powered water systems managed via mobile money payments.

Business Tech Africa • Sep 9, 2026

Ugandan utility startup Irrisol Engineering secured an undisclosed investment from DOB Equity to expand its solar-powered water systems across Uganda.Founded in 2017, the company has deployed 14 community water mini-grids and over 600 standalone systems,… Read full article →

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Kenyan startup Velocity raises funding from Africa Jobs Fund to expand healthcare worker placement into Malawi and Zambia.

Business Tech Africa • Sep 9, 2026

Kenyan startup Velocity has secured investment from the Africa Jobs Fund to scale its operations and expand its training model into Malawi and Zambia.The platform currently manages over 300 active learners with a waitlist exceeding 2,500… Read full article →

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Lagos-based Drive45 has secured a $3 million debt facility from TLG Capital to expand its corporate mobility services across Nigeria.

Technext • Sep 9, 2026

The $3 million (approximately ₦3.96 billion) senior debt facility will fund Drive45's expansion into Port Harcourt, Abuja, Kano, and Kaduna.The transaction was structured with a credit guarantee from Cascador, delivered in partnership with global financial… Read full article →

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Injini launches an AI venture builder for Southern African edtech teams, offering five finalists $25,000 each.

IndexPrima • Sep 9, 2026

South African EdTech incubator Injini, backed by Coefficient Giving, has launched an eight-month AI for Education Venture Builder.The programme will select 12 early-stage teams from nine Southern African countries to build AI-powered education products starting… Read full article →

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Mastercard and Flowcart launch WhatsApp payments in Kenya to allow direct in-chat card transactions for social commerce.

Techmoran • Sep 8, 2026

Mastercard and Flowcart have partnered to launch a 'chat-to-pay' service in Kenya, enabling consumers to complete card payments directly inside WhatsApp.Transactions are secured via Mastercard Gateway using tokenized card details, with plans to expand the… Read full article →

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Nigerian defence tech startup Terra Industries secures $2 million in commercial contracts to protect local lithium mining sites.

Technext • Sep 9, 2026

Terra Industries has signed its first commercial contracts, worth $2 million, to protect two unnamed lithium mining operations in Nigeria.The company will deploy 20 sentry towers and four Iroko drones running on ArtemisOS, its proprietary… Read full article →

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US logistics-tech firm Pigee is acquiring a 55% stake in Nigerian startup ShipAfrica to expand into West Africa.

TechCabal • Sep 9, 2026

US-based Pigee will acquire a controlling 55% stake in Nigerian logistics startup ShipAfrica in three stages over the next 18 months.The acquisition will be funded via a combination of cash and equity, with ShipAfrica retaining… Read full article →

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Nigerian digital lenders are scaling back unsecured instant loans due to strict FCCPC regulations and high default rates.

Nairametrics • Sep 9, 2026

The Federal Competition and Consumer Protection Commission (FCCPC) is enforcing the Digital, Electronic, Online or Non-Traditional Consumer Lending Regulations, 2025, which bans unethical debt recovery practices. Read full article →

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ARC Ride raises $33.3 million to expand its electric motorcycle and battery-swapping network across East and West Africa.

Techmoran • Sep 8, 2026

Nairobi-based electric mobility startup ARC Ride raised $33.3 million in a mix of equity and asset-backed debt financing.The funding round was led by Novastar Ventures and Norrsken22, with participation from IFC, British International Investment, Proparco,… Read full article →

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Proparco commits $15 million to Capitalworks' fourth private equity fund to back mid-market enterprises in Southern Africa.

Innovation Village • Sep 8, 2026

Development finance institution Proparco announced a $15 million capital commitment to Capitalworks IV, the fourth flagship private equity fund managed by South African firm Capitalworks.The fund will deploy capital across key regional industries, specifically fast-moving… Read full article →

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Nigeria's Federal Ministry of Education has fully automated the academic certificate verification and evaluation process online.

Nairametrics • Sep 8, 2026

Applicants can now complete the entire academic credential evaluation and authentication process online without physically visiting the Ministry of Education.The official portal has been launched at essverify.education.gov.ng, with enquiries routed to ess1@education.gov.ng. Read full article →

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POSB secures $20 million in trade and export financing facilities to boost Zimbabwean businesses expanding into regional markets.

AllAfrica Business • Sep 8, 2026

The People's Own Savings Bank (POSB) secured a $10 million line of credit from Afreximbank alongside a separate $10 million trade finance facility.The funding targets small and medium-sized enterprises (SMEs) and exporters across Zimbabwe's agriculture,… Read full article →

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The African Development Bank launches a $5.1 billion framework to address energy and fertiliser crises across African nations.

Business Post • Sep 8, 2026

The African Development Bank approved the $5.1 billion Global Energy and Fertilizer Crisis Response Framework on September 1, 2026.The initiative includes $4.1 billion in direct lending and $960 million in concessional loans, raising the group's… Read full article →

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Kenya signs a Sh12 billion agreement with DP World to build a Mombasa Special Economic Zone, targeting 10,000 jobs.

Capital FM Business Kenya • Sep 8, 2026

The County Government of Mombasa, Mombasa Free Zone Ltd, and DP World signed a tripartite agreement to develop a 535-acre Special Economic Zone (SEZ) in Jomvu.The Sh12 billion project aims to transition Mombasa from a… Read full article →

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Tanzania's FSDT and the EU launched an $11,000 grant fund for women and youth-led climate and digital MSMEs.

Business Tech Africa • Sep 8, 2026

Financial Sector Deepening Tanzania (FSDT) and the European Union have launched the MSME Impact Grant Fund (IGF) targeting women- and youth-owned businesses.The fund offers non-repayable grants of up to TZS 30 million (approximately $11,000) alongside… Read full article →

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South Africa's financial regulator bars three Africa Bitcoin Corporation executives from the financial services industry for 20 years.

BitcoinKE • Sep 8, 2026

South Africa’s Financial Sector Conduct Authority (FSCA) has barred Africa Bitcoin Corporation (ABC) CEO Warren Wheatley, CIO Akshay Karan, and Media Head Tatum Wheatley from providing financial services or holding executive roles at financial institutions… Read full article →

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Egyptian fintech Sahl is expanding to the UAE to enable direct bill payments for Egyptian expats.

EnterpriseAM Egypt • Sep 8, 2026

Egyptian digital bill-payment platform Sahl is launching in the Dubai International Financial Center to allow Egyptian expatriates in the UAE to pay utilities and municipal fees back home. Read full article →

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Digital Realty launches its NBO2 data centre in Nairobi to support Kenya's growing AI and cloud computing demands.

AllAfrica Business • Sep 8, 2026

Digital Realty has launched the NBO2 data centre in Nairobi, Kenya, following its acquisition of local data centre operator iColo.The new facility is designed to support the infrastructure demands of artificial intelligence, cloud computing, and… Read full article →

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The United States is exploring a major investment in Ethiopia's planned Bishoftu International Airport to boost aviation ties.

AllAfrica Business • Sep 8, 2026

U.S. Assistant Secretary of State for African Affairs Frank Garcia met with Ethiopian Airlines CEO Mesfin Tasew to discuss aviation cooperation.The U.S. International Development Finance Corporation aims to deploy a sizable investment to support small… Read full article →

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EXEO Capital exits South African animal health API manufacturer Chemical Process Technologies after a four-year investment cycle.

Innovation Village • Sep 7, 2026

EXEO Capital, through its Agri-Vie Fund II, has successfully exited its majority stake in Pretoria-based Chemical Process Technologies (CPT).While exiting the animal health division, EXEO and CPT's founders will retain their ownership stakes in CPT… Read full article →

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DOB Equity invests in Uganda's Irrisol Engineering to scale solar-powered, mobile-money-integrated rural water mini-grids.

Innovation Village • Sep 7, 2026

Impact investor DOB Equity has completed a strategic investment of an undisclosed amount in Ugandan water utility startup Irrisol Engineering.The startup employs a pay-as-you-go model integrated with mobile money billing to ensure financial sustainability and… Read full article →

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M-KOPA expands its pay-as-you-go asset financing model in Kenya to include electric three-wheeler tuk-tuks.

Capital FM Business Kenya • Sep 7, 2026

Asset-financing fintech M-KOPA is extending its credit model to electric tuk-tuks in Kenya, building on its milestone of financing 10,000 electric motorcycles.The pay-as-you-go financing scheme lowers upfront costs for local transport operators, who reportedly save… Read full article →

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KRA addresses cargo clearance delays in Kenya following new, strict import documentation requirements under the Tax Procedures Act.

Capital FM Business Kenya • Sep 7, 2026

The Kenya Revenue Authority (KRA) is engaging clearing agents and importers to resolve cargo clearance delays at ports of entry.Importers are required to retain these foreign export documents for at least five years and present… Read full article →

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Nigerian banks raise dollar spending limits on naira cards as foreign currency liquidity improves.

Nairametrics • Sep 7, 2026

GTBank led the limit increases by raising its quarterly international naira card spending limit to $40,000.FirstBank, Zenith Bank, UBA, and Stanbic IBTC also announced significantly higher transaction ceilings for international spending. Read full article →

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