September 20, 2026

Uganda

Fintech

Nomba Secures $3m to Chase $1bn Monthly Payments

Nigerian fintech Nomba has secured a US$3 million debt facility as it looks to more than double its monthly cross border payment volumes from US$480 million to US$1 billion, with expansion into more African markets starting with the Democratic Republic of Congo (DRC). The facility, obtained through CardinalStone Finance Company Limited, will provide Nomba with

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Technology

Tesla-Inspired Startup Raises $25M to Electrify Africa’s 30M Motorbike Taxi Market

Africa’s motorcycle taxi market, worth billions and powering daily mobility for millions, is becoming the next battleground for electric vehicles. Now, an East African startup wants to lead that transition. Zeno, an electric mobility startup building battery-swap motorcycles for Africa’s bodaboda riders, has raised $25 million in Series A funding to scale production of its

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