Terra Industries closes $52M seed round to build defense infrastructure for the Global South

African defense tech company Terra Industries announced an additional $18 million in funding, bringing its seed round to $52 million.

Sneaky safari: Thula Solutions’ electric 4×4 gets you closer to nature [video]
Sneaky safari: Thula Solutions’ electric 4×4 gets you closer to nature [video]

Thula Solutions’ new electric safari vehicles aren’t repurposed diesels – they were engineered from the ground up as purpose-built electric safari vehicles designed to get curious tourists, scientists, and park workers closer to the action than ever be…

South Africa wants to ban companies from moving stablecoins abroad. Individuals keep their allowance.
South Africa wants to ban companies from moving stablecoins abroad. Individuals keep their allowance.

South Africa has proposed banning corporate cross-border stablecoin transactions, in draft rules released jointly by the Reserve Bank and National Treasury. It is one of the most aggressive attempts by any emerging economy to force borderless digital t…

Angola just raised $321m selling shares in a telco it seized from Africa’s richest woman
Angola just raised $321m selling shares in a telco it seized from Africa’s richest woman

Angola raised roughly $321 million on Monday by selling a 15% stake in Unitel, the country’s dominant mobile operator, in what Bloomberg reported as the largest initial public offering the nation has ever run. The proceeds go towards financing the stat…

Kenya investigates hack of Ruto’s official website after bitcoin ransom demand
Kenya investigates hack of Ruto’s official website after bitcoin ransom demand

Kenyan authorities are investigating a cyberattack that defaced President William Ruto’s official website over the weekend, replacing the homepage with a ransom message and a cryptocurrency wallet address. The government pulled president.go.ke offline …

Amazon Leo will launch in South Africa in 2027, beating Starlink in Musk’s homeland
Amazon Leo will launch in South Africa in 2027, beating Starlink in Musk’s homeland

Amazon Leo will launch satellite internet in South Africa in 2027, seemingly beating Elon Musk’s Starlink in his home country. Musk has refused the Black-ownership rules Amazon appears willing to meet. Jeff Bezos is about to beat Elon Musk in Musk’s ow…

Raxio raises its funding pool to $380m and heads for Tanzania
Raxio raises its funding pool to $380m and heads for Tanzania

Raxio Group, the pan-African colocation operator, is entering Tanzania and has lifted its funding pool to $380m. The money comes from its two main shareholders, the French infrastructure investor Meridiam and the US-based Roha Group, both of which have…

Somalia backs India’s objection to WhatsApp’s username switch
Somalia backs India’s objection to WhatsApp’s username switch

Somalia has thrown its weight behind India’s objection to WhatsApp’s plan to let people connect through usernames rather than phone numbers, widening a dispute that now spans two continents. The backing, makes Somalia the second national government in …

Google says it has passed its $1bn Africa investment target
Google says it has passed its $1bn Africa investment target

Google has exceeded a five-year pledge to invest $1 billion in Africa, the company said on Wednesday at the first Africa Cloud Summit in Johannesburg, alongside a batch of new infrastructure and AI initiatives. The announcement builds on Google’s 2025 …

Spiro takes $55M from China’s NewTrails as it nears a $1bn valuation
Spiro takes $55M from China’s NewTrails as it nears a $1bn valuation

The hard part of electrifying a motorcycle in Lagos or Nairobi was never the motorcycle, it was the charging. A rider who earns by the trip cannot afford to sit for hours waiting for a battery to fill, which is why Spiro built its business around swapp…