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HomeDaily NewsMonday, January 12, 2026Startups Secure Funding and Partnerships for African Market Expansion - January 2026
Technology & Innovation3 stories from 1 sources

Startups Secure Funding and Partnerships for African Market Expansion - January 2026

Terra Industries, an African defense technology startup, has successfully raised $11.75 million in a funding round to expand its manufacturing capabilities. Egyptian fitness and wellness SaaS startup FitXpert has also secured a seven-figure strategic investment from Foras Investment. The funding is intended to fuel FitXpert's regional expansion across the Arab world. In a separate development, the ADI Foundation has partnered with M-Pesa to implement blockchain infrastructure across eight African markets where M-Pesa operates. This collaboration will deploy the ADI Chain, a regulatory-focused blockchain network. The focus of the ADI and M-Pesa partnership is primarily on institutional use cases.

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Monday 5:48 PMTech Arena

ADI Foundation Partners With M-Pesa to Explore Blockchain Infrastructure Across Eight African Markets

ADI Foundation Partners With M-Pesa to Explore Blockchain Infrastructure Across Eight African Markets

The ADI Foundation has partnered with M-Pesa to implement blockchain infrastructure across eight African markets where M-Pesa operates. This collaboration focuses on deploying ADI Chain, a regulatory-focused blockchain network, primarily for institutional use cases rather than direct consumer interaction.

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Key Highlights

The ADI Foundation has partnered with M-Pesa to implement blockchain infrastructure across eight African markets where M-Pesa operates. This collaboration focuses on deploying ADI Chain, a regulatory-focused blockchain network, primarily for institutional use cases rather than direct consumer interaction.

  • The partnership aims to introduce blockchain capabilities for behind-the-scenes improvements, such as cross-border settlement and SME payments.
  • Key organizations involved are the ADI Foundation and M-Pesa, which is active in countries including Kenya, DRC, Egypt, and Ethiopia.
  • The initiative is an infrastructure-level collaboration, with blockchain serving as an underlying layer to enhance efficiency and compliance within existing mobile money systems, without directly involving M-Pesa users in blockchain or cryptocurrencies.
Monday 12:59 PMTech ArenaFirst

Egyptian SaaS Startup FitXpert Raises Seven-Figure Investment to Fuel Regional Expansion

Egyptian SaaS Startup FitXpert Raises Seven-Figure Investment to Fuel Regional Expansion

Egyptian fitness and wellness SaaS startup FitXpert has secured a seven-figure strategic investment from Foras Investment to fuel its regional expansion across the Arab world.

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Key Highlights

Egyptian fitness and wellness SaaS startup FitXpert has secured a seven-figure strategic investment from Foras Investment to fuel its regional expansion across the Arab world.

  • The fresh capital will enhance FitXpert’s technology stack, strengthen internal operations, and support its ambition to become a foundational platform for fitness and nutrition businesses.
  • Founded by Salah Selim and Mostafa Mahmoud, FitXpert offers an end-to-end software platform for fitness trainers, nutrition centers, and clinics.
  • Owner of Foras Investment, Mohamed Abouelnaga Negaty, highlighted FitXpert’s performance, team strength, and scalability as key investment factors, anticipating expansion into Gulf markets.
Monday 2:47 PMTech Arena

Terra Industries Raises $11.75M to Build Africa’s First Autonomous Defense Technology Prime

Terra Industries Raises $11.75M to Build Africa’s First Autonomous Defense Technology Prime

Terra Industries, an African defense technology startup, has successfully raised $11.75 million in a funding round, emerging from stealth mode. This capital will be used to expand its manufacturing capabilities and deploy autonomous defense systems across African countries.

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Key Highlights

Terra Industries, an African defense technology startup, has successfully raised $11.75 million in a funding round, emerging from stealth mode. This capital will be used to expand its manufacturing capabilities and deploy autonomous defense systems across African countries.

  • Terra Industries has secured $11.75 million in funding, led by 8VC, a U.S.-based venture firm.
  • Founded in 2024 by Nathan Nwachuku and Maxwell Maduka, the company develops autonomous defense and security systems for the African operating environment.
  • Their technology, powered by ArtemisOS, is already deployed to protect critical assets like power plants and mines across multiple African nations, securing infrastructure valued at approximately $11 billion.
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