Data snapshot: Africa’s tech ecosystem in 2026 $3–4 billion raised annually by African startups in recent years, even amid global capital tightening, according to Partech and Briter Bridges ecosystem reports. 600+ active tech hubs across Africa, supporting founders with co-working space, accelerators, and investor access. Fintech remains the leading sector, consistently attracting the largest share of venture capital, followed by climate tech, health tech, and AI-enabled services. Over 70 percent mobile penetration in many key markets, creating a strong foundation for digital payments, e-commerce, and platform-based services, according to GSMA. The digital economy could contribute more than 5 percent of Africa’s GDP by 2030,…
Author: Montage Africa
Vantage Capital (www.VantageCapital.co.za), Africa’s largest mezzanine debt fund manager, announced that it has made a R635m investment into Commercial Energy South Africa (“CESA”), a subsidiary of SolarAfrica Energy (“SolarAfrica”), a leading South African energy solutions provider, alongside co-investor, Greenpoint Capital. CESA holds commercial&industrial (“C&I”) solar and battery energy assets developed by SolarAfrica. The investment comprises a mezzanine facility which was used to exit Inspired Evolution from CESA, making SolarAfrica the 100% owner of CESA. Founded in 2011 and headquartered in Pretoria, South Africa, SolarAfrica provides solar-PV, battery storage, energy trading, electricity wheeling and gas-to-power services tailored for C&I clients, helping…
Last week, the Government of Angola has inaugurated the new Huambo Stadium Daniel Cassoma Lutucuta, a 10,000-seat multi-purpose sports facility, delivered by Mitrelli (www.Mitrelli.com), built in compliance with FIFA, UEFA and World Athletics (IAAF) standards. This marks the third internationally certified arena inaugurated over the past five months, following the completion of the Uíge and Bengo facilities. Together, the three stadiums signal growing momentum across Africa to develop competition-ready infrastructure capable of attracting regional tournaments and elevating the continent’s global sporting footprint. The inauguration was led by His Excellency Rui Falcão Pinto de Andrade, Minister of Youth and Sports, and attended by Her Excellency…
The Board of Directors of the African Development Bank Group (www.AfDB.org) today approved an investment of 6.5 million euros in the Saviu II fund in order to support technology start-ups through their seed phase and first institutional fundraising, mainly in French-speaking Central and West Africa. The Bank Group will invest 4.5 million euros as equity and 2 million euros as a first-loss hedging tranche on behalf of the European Commission, under the Boost Africa Programme (https://apo-opa.co/40898qT). This participation of the Bank Group will enable the Saviu II fund to give priority to companies with a strong technological or digital component.…
Complete digitization of processes throughout the Ministry of Economy, Planning and International Cooperation Reduction of processing times by approximately 70% Potential savings of up to 30% on administrative costs The central database for all governmental, international and humanitarian projects Fills information gaps and increases the efficiency of the administrative department Prof. Richard Filakota stands out as “Pioneer of digital administrative modernization in the Central African Republic” A historic step in the modernization of the Central African Republic’s public administration. With the official launch of the Dûnîa digital platform, an entire ministry was fully digitized for the first time – both…
U.S. Secretary of Energy Chris Wright will return to Powering Africa Summit (PAS), taking place in Washington, D.C. on 19-20 March 2026, where he will take part in a fireside chat focused on energy access and clean cooking. Having provided a keynote address and participated in a fireside chat at the 10th anniversary PAS 2025, Secretary Wright will again join policymakers and industry leaders at this year’s Summit to discuss US-Africa cooperation across energy infrastructure, critical minerals and investment strategies. Building on last year’s focus, ‘The Future of the US&Africa Energy Partnership’, PAS 2026 will analyse how US foreign policy is…
By Rédaction Africanews and AP With full military pomp, Ethiopia has marked the 130th anniversary of the historic Battle of Adwa, celebrating its 1896 victory over invading Italian forces, a triumph that ensured the country was never colonized and remains a powerful symbol of national pride. But beneath the parades and patriotic displays, tensions are simmering. The government is invoking the legacy of Adwa as it mobilizes support amid growing strains with neighboring Eritrea over access to the sea. Participants at the celebrations voiced mixed views. Zebenay Tadesse warned against conflict, saying war “results in the shedding of blood, the…
By Rédaction Africanews with AFP Zimbabwe on Monday began releasing nearly 4,000 inmates under a presidential amnesty in a bid to ease overcrowding in the country’s prisons. It was announced by the cabinet in February on the same day it approved changes to the constitution as part of a plan to extend President Emmerson Mnangagwa’s term till 2030. The order grants a general amnesty to specific categories of convicted inmates, as authorised by the president. “The 2026 amnesty is targeted and merit based, focusing on vulnerable groups and those who have demonstrated significant progress in their rehabilitation,” saidZimbabwe’s Justice Minister…
By Rédaction Africanews with agencies Oil prices have risen sharply again after Iran’s Revolutionary Guard Corps on Monday said it would fire on any ships trying to pass through the Strait of Hormuz. Its announcement of the closure of the sea passage, which lies between Iran and Oman, threatens to choke what is the world’s most vital oil and gas route, accounting for a fifth of global flows. Ebrahim Jabari, an adviser to the Guard’s commander-in-chief said it will also attack oil pipelines adding that it will not allow a drop of crude to leave the region. Tehran has targeted…
By Agencies with AFP The Israeli army has issued new evacuation warnings across Lebanon, including in parts of southern Beirut, as tensions sharply escalate between Israel and the Iran-backed group Hezbollah. In a statement posted on Telegram, Israeli military spokesman Avichay Adraee urged residents in 50 locations, mainly in southern Lebanon, to leave immediately. “Urgent warning to the residents of Lebanon,” he said, calling on those in the listed villages to evacuate their homes “for your safety.” In separate alerts, residents of the Beirut southern suburbs of Ghobeiry and Haret Hreik were told to avoid two specific buildings allegedly located…