Technology

Discover how technology is transforming Africa. Shore Africa covers startups, innovation, fintech, and digital trends driving the continent forward.

Our Technology category highlights the entrepreneurs, platforms, and breakthroughs positioning Africa as a global tech powerhouse.

Latest Technology News
Hot NewsTechnology

Nigerian billionaire Adebayo Ogunlesi’s GIP nears deal to acquire power firm AES

Global Infrastructure Partners, founded by Adebayo Ogunlesi, is nearing a deal with EQT to acquire AES Corp. as power demand tied to AI rises.

Omokolade Ajayi Omokolade Ajayi
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Korean consortium plans $10 billion AI Data Centre in Amanzimtoti
TechnologyBusiness

Korea South Power Consortium plans $10 billion AI data center in South Africa 

South Africa could host a $10 billion South Korean AI data centre in Durban

Timilehin Adejumobi Timilehin Adejumobi
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SPAR moves to rebuild revenue
BusinessTechnology

Spar faces investor exit after $250 million value loss in a week

South Africa’s retail sector is under renewed strain after Spar Group lost about $250 million in market value in a week, sending its shares to a 16-year low and unsettling investors on the Johannesburg Stock Exchange.  The sharp decline follows a wave of selling that has erased nearly a quarter of the grocery retailer’s market capitalization since last Friday. The drop has raised fresh questions about leadership stability, earnings pressure and store-level performance at one of the country’s largest food…

Oluwatosin Alao Oluwatosin Alao
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Zak Calisto, CEO Karoooo
BusinessTechnology

South African billionaire Zak Calisto eyes insurance with King Price stake

South African billionaire Zak Calisto, is set to acquire a stake in insurance firm King Price.

Timilehin Adejumobi Timilehin Adejumobi
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Egypt builds high-speed rail linking Red Sea and Mediterranean to boost trade, travel and green growth
TechnologyBusiness

Egypt builds high-speed rail linking Red Sea and Mediterranean

Egypt is pressing ahead with construction of its first high-speed electric railway, a project officials say will create a direct land link between the Red Sea and the Mediterranean. Leaders have described it as a “Suez Canal on rails,” underscoring its role in trade and transport.  The government sees the line as a key part of its economic reform program, which has focused heavily on infrastructure spending. With global supply chains under strain in recent years, Cairo is betting that…

Oluwatosin Alao Oluwatosin Alao
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Stripe PayPal acquisition
Hot NewsTechnology

Stripe explores PayPal’s $43 billion takeover after $159 billion valuation

Stripe explores PayPal acquisition after $159 billion valuation, signaling fintech consolidation and digital payments expansion.

Feyisayo Ajayi Feyisayo Ajayi
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Strive Masiyiwa, Zimbabwean billionaire and Founder of Cassava Technologies
BusinessTechnology

Strive Masiyiwa’s Liquid Intelligent secures $410 million credit facility after debt repayment  

Masiyiwa-backed Liquid secures $410m in new credit after repaying debt, with Cassava injecting fresh equity.

Timilehin Adejumobi Timilehin Adejumobi
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GoWit and Publicis Media partner to scale retail media across MENA and Türkiye
BusinessTechnology

GoWit partners with Publicis to grow retail media across MENA and Africa

Retail media is gaining ground in the Middle East and Africa as brands look for more direct ways to reach shoppers. With e-commerce sales rising and digital ad budgets shifting toward performance channels, retailers and agencies are under pressure to prove results at the point of purchase.  That shift is prompting closer ties between global agency networks and retail-focused technology firms. Advertisers want clearer data, faster execution and measurable returns. Retailers, for their part, are seeking new income streams beyond…

Oluwatosin Alao Oluwatosin Alao
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Modern railway tracks stretching across green countryside under blue sky in East Africa
BusinessTechnology

Uganda eyes Tanzania rail link to boost East Africa trade

Uganda is stepping up efforts to strengthen its position in East Africa’s trade network, with plans to link its Standard Gauge Railway to Tanzania’s rail system. The proposal could give the landlocked country a second route to the Indian Ocean and ease pressure on existing export corridors.  Details outlined in a government document show Kampala is studying how the new line could connect to Tanzania’s network and on to the port of Dar es Salaam. For years, most of Uganda’s…

Oluwatosin Alao Oluwatosin Alao
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