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Latest From our blog

  • July 9 2026
  • BM

South Africa-founded startup launches AI model with 10 million-token memory

Refiant AI, a South Africa-founded startup that uses algorithms to compress artificial intelligence (AI) models, has launched Protea, a suite of large language models (LLMs) that the company says is capable of processing up to 10 million tokens in a single prompt.  The models can process and retain significantly more information at once before generating a response, according to the company. Protea comes in three versions with context windows of one million, five million, and 10 million tokens and can be accessed for free through Refiant’s platform without a waitlist or approval process.  The launch comes three months after Refiant AI raised a $5 million seed round led by VoLo Earth Ventures to expand its AI optimisation platform and deepen research partnerships. Protea marks Refiant’s first major product launch since its fundraising. “Customers don’t need more waitlists,” Mathew Haswell, Defiant AI’s cofounder, said. “They need models they can test, break, and build with. Protea is live, and we want people to use it from day one.”   Founded in 2025 by Haswell, Viroshan Naicker, and Siddharth Gutta, Refiant AI is building machine learning systems to reduce compute costs and improve AI model efficiency. According to the company, at its maximum capacity, Protea can hold roughly 7.5 million words, allowing users to analyse large volumes of information without splitting it into smaller chunks. It added that such a level of context could allow legal teams to review hundreds of contracts in a single pass, insurers to analyse years of claims data, and engineering teams to process entire software codebases. The launch comes as AI companies increasingly compete to expand the amount of information their models can process at once. Anthropic’s Claude supports context windows of up to 500,000 tokens on certain Enterprise offerings, while Google’s Gemini offers up to one million tokens on its higher-tier plans.  As AI developers move to improve performance by expanding context windows, Refiant is betting that a larger AI memory will give enterprises an edge when analysing large datasets. “Long-context AI has been talked about for over a year now, but hasn’t really been commercially available,” said Naicker, CEO and co-founder of Refiant.  The company said it has already demonstrated an internal prototype capable of processing up to 100 million tokens and is exploring how to benchmark and bring the technology into production. It added that Protea is the first of three planned product releases. True scale demands moving beyond surface-level integrations to robust execution. We’ve filtered the noise out of Moonshot 2026, optimising the conference strictly for high-calibre connections between startup founders, global financial operators, enterprise leaders and individuals rewiring Africa’s technical frameworks. Get 20% off Early Bird tickets for a limited time.

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  • July 9 2026
  • BM

Why Nigeria’s telemedicine sector is growing again

When we put together the first State of Health Tech report in 2018, one sector led overwhelmingly. Startups trying to help patients connect with doctors virtually had the highest number. The reason was simple; there was a low barrier to entry, and many of the founders were doctors themselves. It was a convenient choice.  You simply layered a video conferencing tool, or if you could afford it, a chatbot on top of a service you already offered. It also seemed sexy. You got to brag that you are now a health tech entrepreneur. Quite frankly, there was also a glaring gap they were trying to fill. As of 2018, Nigeria had 3.8 doctors per 10,000 people, according to TechCabal Insights’ State of Healthtech in Nigeria 2026 report. Compare this to India, which has about 7.3 doctors per 10,000 people. But telemedicine had a problem. Funding was falling behind. Users were not forthcoming despite the convenience these solutions promised. Consequently, investors couldn’t be convinced. Many of these startups shut down. Almost one in two of startup closures tracked between 2017 and 2021 by TechCabal Insights in the 2026 State of Health Tech Report were in the sector. In our 2018 report, the sector raised less than 5% of total funding across 23 startups.  While there was a gap, it was misunderstood. For one, how Nigerians access healthcare is different from the West, where telemedicine was invented. A combination of factors, including low health insurance penetration, relatively low broadband coverage, and cultural norms, means that patients have to make certain tradeoffs.  The stars align In the 2026 edition of our healthtech report, not much has changed—on the surface. Telemedicine (now known as Telehealth) continues to lead in terms of startup activity. About 35% of startups in the sector are in telemedicine. It also continues to trail in terms of funding, ranking 6th out of 9 sub-sectors. However, there’s a quiet shift happening.   Between 2019 and 2026, telehealth startups raised $21.79 million, averaging $3.11 million per year. This is more than 10 times the average amount raised annually between 2014 and 2018. The funding raised was spread across 38 startups in the sub-sector. Telemedicine appears to be attracting more investor interest. But what has changed between 2018 and 2026? First, user habits are changing significantly. Users of all ages are increasingly getting used to ordering food, rides, and clothes via their mobile apps. As AI chatbots became ubiquitous and many more people got access, patients are coming into doctors’ appointments with research in hand. These have contributed to users being comfortable using telemedicine platforms. It’s eroded some of the distrust that existed years ago.  Ikpeme Neto, CEO/Founder at Wella Health and health tech leader, believes that payment startups such as Moneipoint, OPay and PalmPay have played a significant role in shaping digital behaviour and building trust in app-based services.  “Fintech normalised the idea that a phone could be the interface for serious services. Telemedicine is now benefiting from that behavioural infrastructure,” he said. Patients are beginning to consider telemedicine platforms a must-have. Evelyn*, a user I spoke with, explained that their telemedicine app is the first place they and their friends go when they fall ill. One study showed willingness to use telemedicine being as high as 96.2%. Since the users consider them necessary, Health Maintenance Organizations (HMOs) are paying attention. A 2025 report by the Rome Business Schools says that over 60% of healthcare providers now integrate telemedicine. Neto tells me about the CEO of an HMO who reported growth in their telemedicine offering and was excited about prospects. HMOs are now more willing to include telemedicine as part of their offerings, either by paying, reimbursing, or operating it.  “HMOs are beginning to see it as a cost-saving tool,” he said. “A good telemedicine service can reduce unnecessary visits to physical facilities.” Scaling telemedicine Despite the shift the industry is experiencing, the sector has yet to produce a clear winner – a telemedicine startup built at scale. Can telemedicine leverage the ubiquitous technology and user education to build sustainable businesses? Potentially. Armed with a clear understanding of the cultural nuances and an honest sense of the market size, the path to sustainability becomes clearer. A clear lesson from one of the industry pioneers was leveraging telemedicine as an entry point and not the end game. Nigerian startup Reliance Health started as a telemedicine startup and quickly pivoted to provide health insurance and physical clinics. The lesson still rings true today.  According to Neto, “telemedicine’s broader potential lies in becoming the front door to everyday healthcare for millions of people who are not currently well served by the traditional system.” Telemedicine in Nigeria is having its moment. It’s gradually transforming into a clear VC-backable commercial opportunity. Its future, however, relies on its ability to mint a winner, a clear marker of its maturity. *The user’s real name has been withheld.

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  • July 9 2026
  • BM

JéGO, GoCab strike deal to put 6,000 EVs on West African roads 

JéGO, a US-incorporated electric-vehicle company building for African roads, has signed a commercial agreement with GoCab, the drive-to-own mobility startup, to deploy 6,000 electric vehicles across four African markets over the next 24 months, the companies said. The first 600 vehicles, meant for commercial use on ride-hailing apps like Uber, Bolt and inDrive, will roll out in the coming months across Senegal, Côte d’Ivoire, Ghana and Nigeria, according to JéGO.  The deal comes as Africa’s EV market grows but remains limited by two problems: financing and charging. Much of the region’s electrification so far has centred on two- and three-wheelers. JéGO is aiming at commercial four-wheelers, a segment that needs heavier charging and financing support. Charging also depends on a power supply that, in Nigeria especially, often runs on diesel and petrol generators, which complicates the clean-energy case. “We didn’t start JéGO to just sell EVs,” said Frederick Akpoghene, CEO & Founder, JéGO. “We built it to give a continent the freedom to move on its own terms, powered by its own sun, run on its own intelligence. Africa doesn’t need to catch up to the future of mobility. Africa is where it gets built.” The deal is a bet on a market that is expanding quickly. Africa’s shift to electric transport has so far run mostly on two wheels. Electric motorcycle sales across the continent rose from fewer than 1,000 units in 2020 to about 70,000 in 2025, according to the International Energy Agency’s Global EV Outlook 2026, pushed by high fuel costs and the spread of battery-swapping networks. Investors have taken notice of the growth in Africa’s electric vehicle industry, and the clearest sign of their appetite is Spiro, Africa’s largest electric-mobility company. The Dubai-based firm, founded in 2022,  has raised one of the largest funding totals in African e-mobility, including $215 million announced on June 1 and a further $55 million from China’s NewTrails Capital weeks later.  Passenger and commercial four-wheelers, the segment JéGO and GoCab are chasing, sit further back. They need pricier vehicles, heavier charging and larger financing tickets, which is why most of the continent’s EV activity has stayed on bikes and three-wheelers. At the centre of the startup’s pitch is JéGO X, an AI fleet-management system the company says handles telematics, predictive maintenance and driver-earnings tracking. Under the deal, JéGO leases vehicles and charging infrastructure to fleet operators such as GoCab, which then offers drivers a path to ownership through daily payments. JéGO said the arrangement removes the biggest barrier to fleet electrification, which is the upfront cost, and lets operators scale without loading the full capital cost onto their balance sheets.  “The next African startup to impact the world will come from an African village,” said Oswald Osaretin Guobadia, a director at JéGO. “[Our] mission is sustainable transport and renewable energy for cities and rural communities alike.” GoCab, founded in London in 2024, raised $45 million in February this year and already runs drive-to-own operations in all four markets named in the deal. It reported $17 million in annual recurring revenue after 18 months of operation. Electric vehicles made up about 10% of its fleet at the time of the raise, with a target of 50% by the end of 2026. This partnership is one of the ways GoCab plans to hit that target.  JéGO’s own track record is shorter. Founded by Nigerian-born engineer Frederick Akpoghene, the company began around 2020 in Miami, US, building autonomous pods for healthcare and delivery, then shifted focus to African EVs.  It unveiled a car it calls the Zero Carbon at the University of Lagos, one of Nigeria’s largest public universities, in November 2025 and is now raising a Series A. It says it is already an Uber fleet partner, with vehicles averaging more than 60 trips a week. Neither company disclosed the value of the agreement or how the 6,000-vehicle target will be financed. JéGO said it has a pipeline of prospects across Africa, Latin America, the US, the UK and India. True scale demands moving beyond surface-level integrations to robust execution. We’ve filtered the noise out of Moonshot 2026, optimising the conference strictly for high-calibre connections between startup founders, global financial operators, enterprise leaders and individuals rewiring Africa’s technical frameworks.Get 20% off Early Bird tickets for a limited time.

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