Business Tech Africa

FOUNDERS FRIDAY: Volo What if the technology that tracks a parcel could also help a driver get an electric motorcycle? Volo Africa, co-founded by Cindynhan Nyambura, is a logistics technology company connecting businesses, drivers and delivery services. It started with a different idea: a ride-hailing platform giving drivers 50% of the profits. But as the founders dug into the challenges drivers face in earning a living, they landed on deliveries, where businesses and customers often have no idea where a parcel is once it's collected. Think of a small business selling on WhatsApp or Facebook Marketplace that can arrange a delivery but can't tell a customer when it will arrive. Volo is building a platform to fix that, and to give drivers better tools to manage their deliveries. The longer-term ambition is to use logistics data to help drivers build a financial record and open up access to electric mobility. Read more here: businesstechafrica.co.za/art… @VoloAfrica_KE

Cassava is betting on local infrastructure to make AI development more accessible to African businesses. Read more here: businesstechafrica.co.za/art…

Turuq Innovations built a profitable logistics business before venture capital, now handling up to 100,000 monthly orders. Read more here: businesstechafrica.co.za/art…

Ground Up Investing raises $6 million to help East African agricultural suppliers cover crop purchases, transport, storage and operating costs. Read more here: businesstechafrica.co.za/art…

Alphabet shares fell approximately 13% in one trading session as slower search advertising growth and rising AI costs put pressure on Google’s business. Read more here: businesstechafrica.co.za/art…

Bluebulb launches Orbita, a platform helping African businesses manage multiple currencies, international payments and cash positions from one dashboard Read more here: businesstechafrica.co.za/art…

Ekurhuleni’s R360 million solar project aims to change the energy picture, but will fresh produce traders benefit from lower electricity costs? Read more here: businesstechafrica.co.za/art…

BREAKING NEWS: 30 October 2026 Consumer goods manufacturer @kenafric has launched a $10 million venture fund to invest in African businesses developing consumer products and services. Read more here: businesstechafrica.co.za/art…

BREAKING NEWS: 30 October 2026 @StatsSA has revised the estimated size of the country's economy upwards by 4.9% after a rebasing exercise that puts the country's GDP at R6.99 trillion. Read more here: businesstechafrica.co.za/art…

BREAKING NEWS: 30 October 2026 The UK trade finance provider @zvilo_official has launched operations in South Africa, targeting R2 billion in working capital for small and medium-sized enterprises, with plans to increase funding to R10 billion over the next three years. Read more here: businesstechafrica.co.za/art…

BREAKING NEWS: 30 October 2026 Russia's state nuclear corporation Rosatom says it is in advanced talks with Egypt, Togo, Namibia and Tanzania about supplying floating nuclear power plants. Read more here: businesstechafrica.co.za/art…

NoorNation has raised $1.05 million to advance solar irrigation in Egypt, where the upfront cost of replacing diesel pumps remains a major challenge for farmers. Read more here: businesstechafrica.co.za/art…

Investable.Africa has launched a platform connecting African startups with investors, giving founders access to over 4,000 investment firms and investors a free way to explore startup opportunities across all 54 African countries. Read more: businesstechafrica.co.za/art…

Google Wallet and Google Pay have launched in Nigeria, bringing contactless in-store and online payments to Android users with supported bank cards. Read more here: businesstechafrica.co.za/art…

Talent Nation has raised pre-seed funding to train, certify and place one million African AI engineers with businesses worldwide. The company was founded by Iyinoluwa Aboyeji and Kesiah Valkin. Read more here: businesstechafrica.co.za/art…

When a crypto exchange freezes withdrawals, customers may lose access to their funds. FTX’s 2022 collapse showed the risks when a platform runs short of money. Read more here: businesstechafrica.co.za/art…

Eni has sold its Nigerian subsidiary, AENR, to Apex Global Energy, further reducing its exposure to onshore oil operations in the country. Read more here: businesstechafrica.co.za/art…

Tanmiya’s $130 million fund targets established Egyptian businesses looking to expand, invest in equipment and increase their capacity to serve more customers. Read more here: businesstechafrica.co.za/art…

Flutterwave employees can now borrow against their company shares instead of selling them, giving staff another way to access cash while retaining ownership. Read more here: businesstechafrica.co.za/art…