Vertiv announced the Vertiv Rack Extreme, a next-generation rack designed for the increasing demands of high-performance computing and AI applications. This future-ready rack platform supports deep and heavy IT equipment required for next-generation deployments. Driven by increasing compute density, data centre operators must accommodate IT equipment while supporting airflow, cable organisation and installation flexibility. The Vertiv Rack Extreme is designed to help meet these evolving demands with higher load ratings, deeper configurations, integrated cable management and compatibility with power and thermal management systems used in data centre environments. “The Vertiv Rack Extreme reflects our expanded capabilities in rack and enclosure designs for high-density…
Author: Kaluka wanjala
Proparco has announced a new financing facility for Kenyan healthtech startup Tibu Health. This funding will accelerate the rollout of its proximity-based “Minute Clinics”. It will also help expand access to affordable primary healthcare for underserved communities. This funding is being provided through the Bridge Fund by Digital Africa facility and is expected to support Tibu Health’s expansion across urban and peri-urban areas in Kenya. Tibu Health was founded by Jason Carmichael and focuses on delivering accessible and affordable primary healthcare services. The company has built a model centered on embedded clinics which are small healthcare units that are integrated…
Nigerian shared mobility platform Shuttlers has surpassed 10 million completed journeys and has become the first private shared transport operator in Nigeria to integrate with Google Maps Transit system. The integration allows commuters searching for public transport directions on Google Maps in Nigeria to discover Shuttlers’ routes and book seats directly within the platform. If you have a startup you want featured on TechArena, let us know through this contact form here. Shuttlers operates a structured shared commuting network designed for professionals and businesses navigating high-density urban centres such as Lagos, Abuja and Port Harcourt. The company currently serves around 30,000 active users…
Africa’s esports industry is showing strong signs of rapid expansion, with the Carry1st Africa Cup 2026 returning as the continent’s largest competitive Call of Duty: Mobile tournament and a key qualifier for the global championship stage. According to the organisers, the previous edition of the tournament reached more than 57 million people, drew over 20,000 viewers during the grand finals and attracted 700 in-person fans at the Lagos finale. The competition also marked Africa’s first-ever qualification pathway to the Call of Duty: Mobile World Championship. “Last year, 57 million people heard about the Carry1st Africa Cup, with over 20,000 people…
Vertiv has announced progress on a production-grade digital twin capability for Vertiv SmartRun integrated in the NVIDIA Omniverse DSX Blueprint, advancing the company’s roadmap to make AI factory infrastructure more configurable, repeatable, and simulation-ready. As AI deployments scale to higher densities and larger capacities, data centres need a faster, more reliable way to turn each generation of computing into real-world infrastructure. Traditional, document-based processes and siloed handoffs across power, cooling, controls, and deployment teams can’t keep pace. Vertiv SmartRun digital twin shifts planning to a model-based approach, allowing infrastructure to be designed, simulated, and validated as a single system before build-out. By…
Spiro has just announced a $215 million investment round. The new funding will be used to expand its battery-swapping network, scale local manufacturing and assembly, enhance technology development and support entry into new African markets. If you have a startup you want featured on TechArena, let us know through this contact form here. The company is already operational in seven countries, Kenya, Rwanda, Uganda, Togo, Benin, Nigeria, and Cameroon, with plans to expand into Democratic Republic of the Congo and Ethiopia. Spiro’s raise comes at a time when electric mobility is gaining traction across Africa. The company’s footprint includes manufacturing plants in Kenya,…
Ride-hailing platform Bolt has dismissed widespread claims that it is planning to exit the Kenyan market, terming the reports as false and based on a fraudulent document circulating online. In a statement issued on Monday, the company said it had identified a fake communication being shared across social media and messaging platforms, which alleged that Bolt would cease its operations in Kenya on June 8, 2026. Bolt said that the document did not originate from the company or any of its authorized representatives. “We wish to categorically state that this document is fake and did not originate from Bolt Kenya…
Nutanix has announced it has signed a Memorandum of Understanding (MoU) with Datamellon, formalising a strategic collaboration with a born-in-the-cloud partner in Sub-Saharan Africa. The agreement represents an important milestone in Nutanix’s regional ecosystem strategy, bringing together Nutanix’s hybrid multicloud platform with Datamellon’s expertise in cloud-native architecture, analytics and enterprise digital transformation. Through this collaboration, the two companies aim to support organisations across Sub-Saharan Africa as they modernise infrastructure, accelerate cloud adoption and build cloud-native environments that support data-driven innovation and artificial intelligence. “Africa’s technology landscape is evolving rapidly, with organisations looking for partners that can help them move faster while building…
NALA has secured up to $50 million in credit financing from Liquidity. The financing is structured through Mars Growth Capital, a joint venture between Liquidity and MUFG Bank Ltd. It will begin with an initial $25 million facility, with the option to scale to at least $50 million. According to the company, the capital will provide working capital to support NALA’s product development, operational scaling and expansion into new payment corridors, as it builds what it describes as a next-generation neobank powered by stablecoin infrastructure. If you have a startup you want featured on TechArena, let us know through this contact form here.…
Absa Bank Kenya’s Q1 2026 profit after tax rose to KSh 5.3 billion. The bank delivered a Return on Equity of 20.3%. Customer deposits rose by 8% to KSh 399.1 billion, while net loans and advances stood at KSh 303.8 billion. Total assets grew by 10% to KSh 571.3 billion, underlining the bank’s strong balance sheet position. Speaking on the results, Managing Director and CEO Abdi Mohamed noted that the quarter was shaped by broader economic challenges. “It has been a demanding period for our customers and the broader economy, but our focus has been on standing alongside those we…

