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It's either Guillermo Rauch suddenly developed a taste for African cuisine, or Vercel really likes what it's tasting from African engineering talent.

Whatever it is, Vercel made its second acquisition of an African startup this month, picking up Egyptian-founded Stakpak days after acquiring Ethiopian-founded Better Auth. 

Let’s dive into today’s roundup!

Tech Roundup

Dietlof Mare (group CEO at Maziv), Solly Malatsi (Minister of Communications and Digital Technologies), Van Zyl Botha (CEO and co-founder of Herotel), and David Zapolsky (chief global affairs and legal officer at Amazon). Image Source: Amazon.

  • Klump has partnered with Jumia to allow Nigerian shoppers to split eligible purchases into installments at checkout. Customers can spread payments over time without leaving Jumia's platform.

  • Kenya approved 25 new digital lenders, bringing the total number of licensed digital credit providers to 252. Even with tighter regulation, the country's digital lending market continues to expand.

  • Moniepoint has tapped former Branch Kenya CEO Rose Muturi to lead its Kenya expansion. After securing a banking licence through its Sumac acquisition, the fintech is now assembling the leadership team to take on East Africa's crowded financial services market.

Rose Muturi. Image Credits Rose Muturi.

  • Ride-hailing startup GoCab has partnered with Yangomoni to expand its driver network and improve ride availability in Nigeria. In return, GoCab gains access to Yango's technology while keeping its own brand.

Deal Roundup

  •  Vercel has acquired Egyptian-founded DevOps startup Stakpak, marking its second acquisition of an African startup this month. The deal strengthens Vercel's push to build infrastructure for AI agents, with Stakpak's autonomous DevOps technology joining its growing developer toolkit.

Stakpak CEO George Fahmy. Image source: FWDstart

  • Acumen has secured another $90 million for its climate-resilient agriculture fund, taking total commitments to roughly $148 million. Fresh capital will help the fund expand into North Africa while backing businesses that improve resilience for millions of smallholder farmers across the continent.

Events

  • ForgeTech Summit 2026 takes place in Nairobi on July 31, bringing together founders, executives, investors, policymakers, and technology leaders for an invitation-only event. The one-day summit focuses on high-level conversations around AI, digital infrastructure, cybersecurity, venture capital, and public policy, with an emphasis on strategic partnerships and collaboration. Get more details here.

  • Capital meets impact at the Africa Social Impact Summit, taking place in Lagos from July 22–24. The three-day event brings together leaders across business, government, and development to explore how investment, innovation, and partnerships can drive Africa's next chapter of growth. Register here.

  • Nairobi takes center stage from July 22–24 as the Africa Technology Show Kenya 2026 showcases the latest in AI, fintech, cybersecurity, cloud, and digital infrastructure. Across three days, startups, investors, corporates, and policymakers will explore new technologies through exhibitions, live demos, and networking sessions. Register here.

  • The Nigeria Fintech Forum 2026 returns to Lagos on July 30, convening founders, financial institutions, investors, and regulators to explore what's next for fintech, payments, and banking. More than 1,700 industry professionals are expected to attend.

  • Borderless Experience 2026 convenes fintech founders, operators, investors, and ecosystem leaders in Lagos on August 21 for a deep dive into the future of cross-border payments, commerce, and financial infrastructure in Africa. Register your interest here.

Opportunities

  • Applications are now open for the iDICE Startup Bridge Growth Lab. It’s a 12-week accelerator for young Nigerian founders between ages 18 and 35 who are post-MVP and have some traction. The program offers upfront equity funding of $100,000 for selected participants, plus hands-on scaling support. Apply here by August 19th.

  • Applications are open for the Ag-SME Bootcamp & Pitch Competition 2026, a fully funded three-day programme for Nigerian agribusiness founders. Up to eight winners will each receive a ₦1 million grant (about $650), alongside investment-readiness training, mentorship, and access to finance partners. Apply by July 24.

Post of the Week

Instagram post

💼 Jobs of the Week

We’ve moved the Jobs of the Week segment to our new vertical, The Big Move, which launched last Friday.

In its first edition, we featured a Chief Technology Officer role at Fixa, and a Head of Comms role at Educate.

Don’t miss job opportunities like these; sign up for The Big Move now.

And that's a wrap!

That’s it for this week. See you on Wednesday!

Cheers,

The Tech Safari Team

More from Tech Safari

This July, Tech Safari is working with Lua to get East Africa's sharpest ERP, CRM, helpdesk, and HR/payroll implementation partners in one room in Nairobi, to talk about layering AI agents onto the client work you already do, and the new revenue that opens up.

We’re putting senior people in a curated room, and highlighting real use cases.

If you run a specialist practice with a serious client book, then join us!

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