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BluePeak shifts its Africa focus to telecom
BluePeak Private Capital has deployed US$12 million into London-based Monty Mobile International to scale its African Application-to-Person (A2P) messaging infrastructure, according to Business Day.
Monty Mobile operates across 35 African countries through 15 mobile network operator partnerships. It delivers offline SMS-based transaction alerts and one-time passwords for banks, fintechs, and e-commerce platforms.
This commitment is the inaugural deal for BluePeak Private Capital Fund II, a US$80 million vehicle backed by European development finance institutions, including British International Investment, FMO, Swedfund, and SIFEM, to target growth-stage African businesses.
BluePeak’s broader strategy focuses on providing tailored mezzanine and growth capital to resilient, essential-service sectors across the continent. BluePeak’s Fund I and Fund II investments have targeted a range of industries, including healthcare and pharmaceuticals. For example, the firm made a $15 million investment in Africure Pharmaceuticals.
Airtel, Starlink launch satellite-to-phone in DRC
Airtel Africa and Elon Musk’s Starlink have launched Africa’s first commercial satellite-to-phone service in the Democratic Republic of Congo (DRC), according to Business Insider Africa.
Rolled out on August 14, 2026, the technology allows compatible LTE Android smartphones to connect directly to Starlink satellites without requiring a dish or extra hardware.
Designed to bridge connectivity gaps across the DRC’s vast, remote regions, the initial service supports basic SMS and light-data messaging apps like WhatsApp where ground networks are unavailable.
Airtel plans to expand this direct-to-cell service across its 14 African markets, subject to local regulatory approvals.
Here is our quick daily roundup of the African tech and business stories we think you should be aware of, but probably didn’t have the time to read. [Original sources included.]
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Kenyans can buy government bonds with M-Pesa
The Central Bank of Kenya now allows investors to pay up to KSh 250,000 for government securities via M-Pesa. Integrated into the DhowCSD app and web portal, this updates transaction limits for Treasury Bills and Bonds, simplifying retail access, with other mobile platforms to follow.
TUKO.co.ke
Bingo Technologies enters EV logistics race in Kenya
California-based startup Bingo Technologies launched its E2 electric vehicle in Kenya, targeting the ride-hailing and delivery sectors. The compact vehicle features a dual-battery system providing up to 440 km range and two-minute battery swaps. Bingo also plans local assembly and supportive swapping infrastructure in Nairobi.
Arab Founders
ATMs are still going strong in Nigeria
Despite the rapid surge in mobile wallets and digital transfers across the country, cash remains king in Nigeria’s economy. Data reveals that Nigerians processed $19.4 billion through Automated Teller Machines (ATMs), highlighting the persistent demand for physical currency for everyday transactions and informal commerce. This trend stands in contrast with South Africa, where major banks are systematically closing ATMs, citing security costs and mobile money’s rise.
TechCabal
The Africa B2B Tech Report is published by BigFive Digital, a Cape Town-based independent media company focused on The Business of African Tech.
The report is produced by Charles Laughlin, BigFive Digital’s Co-founder & Chief Content Officer. Charles is a globally experienced tech journalist, podcaster & conference producer.