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
PayPal commits $100 million to expand digital services and support entrepreneurs in Africa and the Middle East.
BusinessTechnology

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
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Saudi firm sold xAI stake
TechnologyHot News

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
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The partnership introduces Travelex as an additional payout channel within Mukuru’s growing network.
BusinessTechnology

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
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Gold exports drive Ghana’s cedi to world’s best performer
BusinessTechnology

Gold exports drive Ghana’s cedi to world’s best performer

At a Glance Ghana’s cedi has pulled off a striking comeback, rising from the depths of a debt and balance-of-payments crisis to become one of the world’s strongest currencies this year. Only months ago, the West African nation was struggling to steady its finances after a bruising default and painful restructuring talks.  The rebound stands out in a year when many emerging-market currencies have been weighed down by high global interest rates and a strong U.S. dollar. Instead of sliding…

Oluwatosin Alao Oluwatosin Alao
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Equatorial Guinea, one of West Africa’s longest-producing gas hubs, fits that profile.
BusinessTechnology

Chinese investment targets $53 million West African gas asset

At a Glance A Chinese energy investor is stepping into offshore West Africa with a $53 million commitment, highlighting steady Asian interest in gas projects tied to existing export infrastructure as countries look for reliable, cleaner-burning fuel supplies.  The investment comes as global gas markets remain shaped by energy security concerns, tight supply in some regions and the need to replace more carbon-intensive fuels. For investors, assets close to producing fields and processing facilities offer a clearer path from discovery…

Oluwatosin Alao Oluwatosin Alao
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Those strengths are rooted in Gauteng, South Africa’s largest economic engine.
BusinessTechnology

Johannesburg emerges as Africa’s infrastructure investment anchor

At a Glance Johannesburg’s hosting of the G20 summit was more than a diplomatic milestone. It served as a working example of a city still able to operate at scale, managing security, transport and logistics while welcoming global leaders and investors.  For business executives and fund managers in attendance, the takeaway was practical rather than symbolic. The summit underscored Johannesburg’s capacity to move people, capital and ideas efficiently, a quality that matters as investors become more selective about where they…

Oluwatosin Alao Oluwatosin Alao
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Crypto set to transform African remittances
TechnologyHot News

 7 African countries by crypto holders

Africa’s crypto economy is booming as inflation and weak currencies push millions to use digital assets for savings, remittances and daily payments.

Feyisayo Ajayi Feyisayo Ajayi
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Kayko is a full micro-enterprise resource planning platform.
BusinessTechnology

Kayko secures $1.2 million seed round for Rwanda SMEs

At a Glance Rwanda’s small businesses are widely seen as the engine of the economy. From neighborhood retailers to growing service firms, they generate steady sales and daily cash flow that keep local markets moving.  Yet many of these businesses remain shut out of formal credit. Banks often struggle to assess their financial health, not because the businesses lack activity, but because their records are informal, fragmented or entirely offline.  That gap between real economic activity and usable financial data…

Oluwatosin Alao Oluwatosin Alao
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Standard Chartered teaming up with UNICEF to help young women in Kenya and Nigeria
BusinessTechnology

Standard Chartered partners UNICEF to boost women employment

At a Glance Standard Chartered is expanding its focus on inclusive growth in Africa, teaming up with UNICEF to help young women in Kenya and Nigeria move from training into paid work. Through its charitable arm, the Standard Chartered Foundation, the bank said the partnership aims to secure 1,500 decent jobs over the next three years.  The move comes as youth unemployment remains a stubborn challenge across the continent, even as access to education and digital skills improves. In Africa’s…

Oluwatosin Alao Oluwatosin Alao
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