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Africa’s first defense tech prime Terra Industries closes $34 million funding round

Terra Industries raises $34 million to expand Africa’s first homegrown defense tech and secure $11 billion in critical infrastructure.

Omokolade Ajayi February 16, 2026

IFC backs Kenya’s electric mobility expansion

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IFC invests $5 million in Arc Ride to scale Kenya’s electric motorcycle market

IFC plans $5 million investment in Arc Ride, accelerating Kenya’s electric motorcycle and battery-swap expansion.

Feyisayo Ajayi February 16, 2026

Africa largest landing gear plants

10 largest landing gear plants in Africa

Africa’s largest landing gear plants signal rising aerospace ambition, led by Morocco, South Africa and emerging hubs.

Feyisayo Ajayi February 16, 2026

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Tencent AI setbacks in China wipe $8.26 billion off Naspers’ market cap

Naspers loses $8.26 billion in market value as Tencent’s AI setbacks deepen, dragging shares down 19.3 percent despite strong ecommerce growth.

Omokolade Ajayi February 13, 2026

Cell C interim results

Cell C reports $355.8 million revenue in first interim results after JSE listing

Cell C posts $355.8 million interim revenue after JSE debut, signaling operational momentum amid restructuring and rising MVNO growth.

Feyisayo Ajayi February 13, 2026

Delta40 says it was created to address structural imbalances in Africa’s innovation ecosystem.

Africa tech

Delta40 raises $20 million to fund Africa’s innovators

Delta40 has raised $20 million to support its integrated venture studio and fund, marking one of the continent’s first institutional raises that combines venture building with early-stage capital. The firm says the model pairs investment with hands-on operational support, working alongside founders from idea stage through scale. The approach is designed to address persistent funding and execution gaps facing African startups. The raise brings together 54 investors from 13 countries, including development finance institutions, family offices, foundations and high-net-worth individuals.…

Oluwatosin Alao February 13, 2026

Kulani Energy

Kulani Energy expands grid reach with Optipower deal

Kulani Energy has acquired key assets from Optipower, a business that previously operated under Murray & Roberts Limited, now in business rescue. The transaction was completed through Kulani Energy’s subsidiary, OptiProjects, which focuses on power transmission, distribution and renewable energy infrastructure. The deal strengthens Kulani Energy’s role in engineering, procurement and construction at a time when South Africa is working to expand and modernise its electricity grid. It also ensures that essential technical capacity remains in the market, rather than…

Oluwatosin Alao February 12, 2026