In a continent where motorcycle taxis carry millions of people through city traffic and rural roads every day, a quiet but rapidly accelerating revolution is underway. Financing for electric vehicle transport is ramping up across Africa, and this week that momentum reached a new high as Spiro, the continent’s largest electric mobility operator, announced it […]

The African Development Bank Group has approved a landmark grant of $58.04 million to electrify three towns in Eritrea’s southwest Gash Barka region, a move that promises to reshape not just the country’s energy landscape, but its entire rural economic model. The approval, confirmed on February 18, 2026, is among the most significant clean energy […]

Africa recorded $13.84 billion in energy transition investment in 2025, spread across 306 disclosed transactions in 43 countries and backed by 142 distinct investors, according to the Africa’s Power and Energy Transition Investment Report 2025 published on February 17 by Electron Intelligence, a market intelligence platform focused on Africa’s energy and power economy. The figure […]

In a market long defined by fragmentation, consolidation has arrived with a R1 billion price tag. JSE-listed fintech group Araxi — known until October 2025 as Capital Appreciation Limited — has entered into binding agreements to acquire 80% of Pay At Holdings (Proprietary) Limited and its affiliate International Payment Holdings Limited (IPHL) for a combined […]