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African Tech M&A Activity Rose 34% in 2024: What to Expect
Tech In Africa - Jan 19, 2026
M&A activity surged by 34% in Africa's tech sector in 2024, with 39 deals recorded. Venture capital funding dropped by 22.73% to $2.21 billion, pushing startups towards M&A.

Kenyan EV startup Arc Ride secures $10M boost from French investor
Techpoint Africa - Sep 23, 2025
Trended
Arc Ride secures $10 million in debt financing from Mirova to scale its battery-swapping network for electric motorcycles. Mirova's investment is the first from its Gigaton Fund into Africa's EV sector, indicating confidence in the continent's growing two-wheeler market.

South African fintech iKhokha “to run as per normal” after Nedbank’s $93 million acquisition, says CEO
TechCabal - Aug 19, 2025
Nedbank agrees to acquire iKhokha for R1.65 billion, marking a significant merger between a traditional bank and a fintech startup. iKhokha will continue to operate independently under its brand, ensuring no disruption to its existing services for SMEs.
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