A R150 million solar bet on the grid South Africa cannot rely on
Nesa Power secured about 150 million rand, roughly 9 million dollars, in mezzanine debt from Maia Capital to expand commercial and industrial solar under long-term PPAs.
Business
Nesa Power secured about 150 million rand, roughly 9 million dollars, in mezzanine debt from Maia Capital to expand commercial and industrial solar under long-term PPAs.
BusinessSouth Africa's HyperDev, an AI coding platform founded by former OpenAI and Google engineers, raised over 1 million dollars in pre-seed funding as it approaches 100,000 users.
BusinessSix Nigerian fintechs made CNBC and Statista's 2026 World's Top Fintech Companies list, over half of Africa's 11 entries, cementing Lagos as the continent's fintech capital.
BusinessRose Muturi will lead Moniepoint's Kenya operation as the Nigerian fintech tries to turn its Sumac acquisition into a real SME banking push.
BusinessKOKO Networks' clean-cooking technology is being marketed to buyers after the company lost the carbon-credit approval that supported its fuel subsidy.
BusinessAfrican fintech is consolidating fast as stronger companies buy data rails, licences, local footholds, and distressed rivals.
BusinessKenya's Nairobi International Financial Centre has certified 15 firms in AI, fintech, digital assets, and capital markets, with projected investment of about Sh25.9 billion.
BusinessGoogle Play's first Indie Games Fund for Africa offers equity-free grants of 50,000 to 200,000 dollars to independent studios, with Kenya among eligible countries.