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Terra Industries Leads $1 Million Pre-Seed Round in Nigerian Cybersecurity Startup Aeon Nigerian cybersecurity startup A...
21/09/2026

Terra Industries Leads $1 Million Pre-Seed Round in Nigerian Cybersecurity Startup Aeon

Nigerian cybersecurity startup Aeon has raised $1 million in pre-seed funding led by Terra Industries, with participation from Resilience17, the fund of Flutterwave CEO Olugbenga Agboola, alongside DFS Labs, Kaleo Ventures, Seedstars, and Ajim Capital. Founded by PipeOps engineers Samuel Ogbonyomi, Ben Eluan, and Alex Idowu, Aeon is building a unified cyber defense platform, Aeon Edge and Aeon Console, for Africa's critical infrastructure operators. The raise comes with a commercial joint venture between Terra and Aeon to jointly pursue government and corporate security contracts across the Global South.

Read the full article here: https://technaija.com/6ab124fe1cdde3022c48c3e0/terra-industries-leads-1-million-pre-seed-round-in-nigerian-cybersecurity-startup-aeon

Career 180 Launches KEMET-X to Pull $5 Billion Into Egypt's Startup SceneCareer 180 has launched KEMET-X, a global entre...
21/09/2026

Career 180 Launches KEMET-X to Pull $5 Billion Into Egypt's Startup Scene

Career 180 has launched KEMET-X, a global entrepreneurship and innovation gathering set to take place at the Great Pyramids of Giza on December 14–15, 2026. The platform aims to attract $5 billion in funds from five continents and connect over 200 partners, startups, and VC firms from 50+ countries with Egypt's rapidly growing startup ecosystem, the top-funded on the African continent in H1 2026. Built around five tracks spanning business, technology, creativity, IP, and innovation, KEMET-X is Career 180's most ambitious bid yet to position Egypt as Africa and the Middle East's central hub for global entrepreneurship.

Read the full article here: https://technaija.com/6ab121931cdde3022c48c0ff/career-180-launches-kemet-x-to-pull-5-billion-into-egypts-startup-scene

OnBoard Names Paul Oladimeji CEO as Bademosi Moves to ChairmanOnboard co-founder Yele Bademosi has stepped down as CEO a...
01/09/2026

OnBoard Names Paul Oladimeji CEO as Bademosi Moves to Chairman

Onboard co-founder Yele Bademosi has stepped down as CEO after nearly five years, transitioning to Chairman as Paul Oladimeji, the product architect behind Onboard Business and the Onboard API, takes over as Chief Executive. The leadership change reflects a deliberate pivot from consumer wallet to B2B financial infrastructure, with the company building a compliance-first framework to move local currencies, US dollars, and stablecoins across emerging markets through a single regulated platform.

Read the full article here: https://technaija.com/6a969884e2f9a002855e8b7f/onboard-names-paul-oladimeji-ceo-as-bademosi-moves-to-chairman

SPIRO Appoints Auroasish Choudhuri to Lead West and Central Africa ExpansionSpiro has appointed Auroasish Choudhuri, a s...
01/09/2026

SPIRO Appoints Auroasish Choudhuri to Lead West and Central Africa Expansion

Spiro has appointed Auroasish Choudhuri, a seasoned automotive executive with over two decades of experience across Africa, Asia, and the Americas, as Managing Director for West and Central Africa. The hire follows a $270 million fundraising round and a broader leadership overhaul as the electric mobility company accelerates expansion of its battery-swapping network across the continent, with a long-term target of 2 million electric motorcycles on African roads by 2030.

Read the full article here: https://technaija.com/6a9695ffe2f9a002855e89e3/spiro-appoints-auroasish-choudhuri-to-lead-west-and-central-africa-expansion

Luno Lists New Trading Pairs for Rand-Backed Stablecoin ZARULuno has listed ZARU/USDT and ZARU/USDC trading pairs, givin...
18/08/2026

Luno Lists New Trading Pairs for Rand-Backed Stablecoin ZARU

Luno has listed ZARU/USDT and ZARU/USDC trading pairs, giving Africa's first institutional-grade rand-backed stablecoin a direct, 24/7 on-chain link to the world's two largest dollar stablecoins. Available to traders in South Africa, Nigeria, Kenya, and Uganda, the move eliminates the need to exit the blockchain when converting between rand and dollar stablecoin exposure, and comes with a 90-day fee promotion designed to build early liquidity. Behind ZARU sits a heavyweight consortium of Luno, Sanlam, EasyEquities, and Lesaka, with Standard Bank holding the reserves and Moore Johannesburg auditing them monthly.

Read the full article here: https://technaija.com/6a844ebc94f46fb462ffb481/luno-lists-new-trading-pairs-for-rand-backed-stablecoin-zaru

OPay Processes $358 Billion in Transactions Ahead of Potential US IPOOPay processed $358 billion in gross transaction va...
18/08/2026

OPay Processes $358 Billion in Transactions Ahead of Potential US IPO

OPay processed $358 billion in gross transaction value in 2025, a 115% year-on-year jump, as the Nigerian fintech swung to $107.1 million in operating profit and expanded its user base to 39.3 million monthly active users. The company is now preparing for a US IPO targeting a $4 billion valuation, with Citigroup, Deutsche Bank, and JPMorgan Chase appointed to manage the offering, in what would be the largest technology listing ever from Nigeria.

Read the full article here: https://technaija.com/6a844ba594f46fb462ffb3a9/opay-processes-358-billion-in-transactions-ahead-of-potential-us-ipo

Flutterwave and Abuja Investments Bring Digital Payments to the FCTFlutterwave has signed a Memorandum of Understanding ...
18/08/2026

Flutterwave and Abuja Investments Bring Digital Payments to the FCT

Flutterwave has signed a Memorandum of Understanding with Abuja Investments Company Limited to deploy digital payment infrastructure, merchant acquiring services, and automated revenue collection across AICL-managed assets in Nigeria's Federal Capital Territory. The deal is part of a broader push by Flutterwave to become the default payments backbone for Nigerian commerce, following a banking license acquisition, the Mono open banking deal, a Circle Ventures investment, and multiple government partnerships in 2026.

Read the full article here: https://technaija.com/6a8448de94f46fb462ffb1b4/flutterwave-and-abuja-investments-bring-digital-payments-to-the-fct

Hubtel and MMFL Back Ghana's Next Wave of Fintech BuildersHubtel has joined Mobile Money Fintech Limited as Official Tec...
18/08/2026

Hubtel and MMFL Back Ghana's Next Wave of Fintech Builders

Hubtel has joined Mobile Money Fintech Limited as Official Technology Partner of the 2026 MoMo Fintech Lab, a national three-month programme launching across Accra, Kumasi, and Tamale to find, build, and launch Ghana's next generation of fintech innovators through hackathons, mentorship, incubation, and a national Demo Day. With GH¢180,000 in prize money, government backing from the Minister of Communications, and real mentorship from people who have actually built payment products at scale in Ghana, this is what a serious ecosystem bet looks like.

Read the full article here: https://technaija.com/6a8445ff94f46fb462ffb09e/hubtel-and-mmfl-back-ghanas-next-wave-of-fintech-builders

Cascador Partners Nigeria's Youth Ministry to Fund Young FoundersCascador has partnered with Nigeria's Federal Ministry ...
18/08/2026

Cascador Partners Nigeria's Youth Ministry to Fund Young Founders

Cascador has partnered with Nigeria's Federal Ministry of Youth Development through the Nigerian Youth Academy to launch a four-week programme for 20 early-stage founders. Eight of the top performers will receive up to ₦5 million each in non-dilutive funding, no equity required, no financial track record needed. Applications open August 19 on the NiYA website, as part of a broader government ambition to train and empower seven million Nigerian youth within two years.

Read the full article here: https://technaija.com/6a8442df94f46fb462ffb022/cascador-partners-nigerias-youth-ministry-to-fund-young-founders

Terra Industries Closes Africa's Largest Seed Round at $52 MillionTerra Industries, the Nigerian defence-tech startup fo...
18/08/2026

Terra Industries Closes Africa's Largest Seed Round at $52 Million

Terra Industries, the Nigerian defence-tech startup founded in 2024, has closed Africa's largest seed round at $52 million after raising an additional $18 million. With $100 million in active contracts, two manufacturing facilities across Nigeria and Ghana, and a new London office, the company, built by founders still in their early twenties, is rapidly becoming the defining infrastructure play in African and Global South defence technology. A two-year-old Nigerian startup with two drone factories, $100 million in active contracts, and now $52 million in the bank, Terra Industries just closed Africa's largest seed round and is heading to London. The founders are in their early twenties. The ambition is continent-wide. This is what African defence tech looks like when it's built from the inside out.

Read the full article here: https://technaija.com/6a843fc694f46fb462ffaf6e/terra-industries-closes-africas-largest-seed-round-at-52-million

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