Browsing: Technology

Stay informed with the latest technology news updates and exclusive investigations from ABS Africa TV. Our Technology News section delivers breaking stories, in-depth analysis, and trusted reporting on the events of technology.

The European Bank for Reconstruction and Development (EBRD) is investing US$ 8 million (€ 6.8 million) in Ventures Platform Pan-African Fund II, marking the Bank’s first commitment to a pan-African venture capital fund assessing opportunities in sub-Saharan Africa.

African startups raised about $1.44 billion in the first half of 2026, but the small cheques that start companies are disappearing. Rounds below $500,000 made up just 19% of deals, down from 52% in H1 2021, and only 190 ventures raised more than $100,000, the lowest tally since at least 2021. Disclosed grants are thinning…