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

10 African tech titans driving fintech and innovation

Africa’s tech titans are exporting capital and platforms globally, reshaping digital payments, infrastructure and innovation in 2026.

Feyisayo Ajayi Feyisayo Ajayi

Egypt’s Karm Holding plans $610 million renewable energy push in Egypt

Egypt’s Karm Holding plans a $610 million investment to expand solar power and transmission networks by 2030, ahead of a planned 2031 IPO.

Feyisayo Ajayi Feyisayo Ajayi

What young tech founders can learn from Zimbabwe’s billionaire, Strive Masiyiwa

Lessons from Strive Masiyiwa show young tech founders how scale, purpose and profit align via infrastructure, ecosystems and long-term vision.

Feyisayo Ajayi Feyisayo Ajayi

The $1 billion project reshaping Zanzibar’s tech ambitions

At a Glance Zanzibar is making a calculated push to become East Africa’s next technology center, unveiling a $1 billion digital city designed to attract global tech firms, remote professionals and foreign capital. The project signals how smaller economies are competing for high-value digital work as geography plays a diminishing role in where companies operate.  Officials say the initiative is meant to broaden Zanzibar’s economic base, which has long relied on tourism and trade. By focusing on technology and cross-border…

Oluwatosin Alao Oluwatosin Alao

Palantir Co-founder Lonsdale invests in Nigerian Drone Startup Terra Industries

Palantir co-founder Joe Lonsdale backs Nigerian drone maker Terra as it scales manufacturing amid rising security threats across Africa.

Timilehin Adejumobi Timilehin Adejumobi

Grok’s parent company raises $20 billion in Series E round

xAI, founded by Elon Musk, raised $20 billion in a Series E round, beating targets and drawing U.S. and Middle East investors.

Feyisayo Ajayi Feyisayo Ajayi

PayPal invests $100 million to grow digital reach in Middle East  and Africa

At a Glance PayPal Holdings is expanding its footprint across the Middle East and Africa with a $100 million investment aimed at driving digital innovation, supporting entrepreneurs, and widening access to online commerce.  The move highlights the company’s growing focus on regions experiencing rapid growth in digital payments and e-commerce. The investment will be deployed through a mix of minority stakes, acquisitions, PayPal Ventures funding, and technology deployments. These initiatives are designed to help local businesses scale operations, increase efficiency,…

Oluwatosin Alao Oluwatosin Alao

Why Saudi firm sold its entire stake in Elon Musk’s AI firm for $4.2 million

Saudi IT firm MIS sold its xAI stake for $4.24 million, tripling a $1 million bet and signaling disciplined, timing-driven AI investing returns.

Feyisayo Ajayi Feyisayo Ajayi

Mukuru and Travelex team up to boost cash access in South Africa

At a Glance Mukuru, a leading remittance and financial services provider, has partnered with Travelex to expand cash payout options for customers across South Africa. The collaboration aims to make sending and receiving money safer, faster, and more convenient for millions who rely on regular transfers for daily expenses.  The partnership introduces Travelex as an additional payout channel within Mukuru’s growing network. Customers can now collect funds at any of Travelex’s 46 branches nationwide, located in high-traffic and easily accessible…

Oluwatosin Alao Oluwatosin Alao