Hi, welcome to Tech This Evening, an After-Work Tech Newsletter from Techparley Africa. Sure, there is a lot to unpack right now. Sit back, while I walk you through.
Top Story: Nigerian Startup, TerraHex Secures Power Deals to Turn Stranded Energy into AI and Bitcoin Infrastructure
Terrahash, a Nigerian clean-energy Bitcoin mining and high-performance computing startup, is deepening its push into energy-backed digital infrastructure across emerging markets.
The company, founded in 2025 by Nigerian entrepreneur OluMayowa Ogunnusi, says this reflects a broader ambition to move from a narrow focus on Bitcoin mining to a more expansive model that integrates artificial intelligence (AI) compute, energy infrastructure, and digital assets.
“TerraHex reflects the direction the business is taking and the scale of what we are building. As digital infrastructure, energy, and bitcoin-linked compute become more closely linked, we are putting the right partnerships, structure and governance in place to build with a long-term view,” OluMayowa Ogunnusi said.
At the core of TerraHex’s strategy is a Power-for-Equity model, designed to unlock value from underutilised or stranded energy assets, particularly in regions where infrastructure gaps have historically limited commercial viability.
Under this model, TerraHex provides capital, hardware, and operational expertise, while energy partners contribute power assets in exchange for equity stakes in site-specific ventures. The result is a shared-risk, shared-reward structure that aligns incentives across stakeholders.
Other Tech News Stories You Should Read:
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Omnix Combines AI, Engineering and Data in New AIoT Offering for Enterprises. Read now.
Omnicom and Google Launch AI System to Evaluate and Optimise Ads Before They Go Live. Read now.
On Startup Spotlight:
Valu and Dubai Phone Partners to Enable Instant In-App Financing and Redefine Digital Payments in Egypt
Valu, one of Egypt’s leading consumer fintech platforms, has partnered with Dubai Phone to roll out a fully digital onboarding and payment experience, allowing customers to activate accounts and access financing directly within a retail application.
The collaboration marks a significant step in the evolution of embedded finance in Egypt, as financial services increasingly move into everyday digital touchpoints rather than standalone platforms.
Under the new integration, customers using the Dubai Phone application can select products and choose Valu as a payment option at checkout. For users without an existing Valu account, the system initiates an in-app onboarding process, enabling them to sign up, get approved, and complete purchases in real time.
“This partnership marks an important milestone in our journey to make financial services more accessible, seamless, and embedded into customers’ everyday experiences. By enabling a full digital on-app onboarding experience for Dubai Phone’s customers, we are expanding our reach and empowering more consumers with instant, flexible financing solutions,” said Walid Hassouna, Chief Executive Officer, Valu.
“We are proud to partner with Valu to bring a fully digital, seamless financing experience to our customers. This collaboration allows us to integrate flexible payment solutions directly within the Dubai Phone app, enabling our customers to shop smarter and more conveniently. It also supports our ongoing strategy to enhance our digital ecosystem and deliver innovative, customer-centric solutions that meet the evolving needs of the market,” said Mostafa Salah, CEO, Dubai Phone.
Quadri Adejumo brings you all the details. Read here.
Also Read:
UAE Fintech Comfi Secures $65M to Fix SME Cash Flow Crisis Across MENA. Yakub Abdulrasheed brings us the details, here.
Quote of the Day:
“Any sufficiently advanced technology is equivalent to magic.” – Arthur C. Clarke.
Thank you for joining me yet again this evening. Stay safe, and see you tomorrow for the next tech newsletter.
Best, Quadri
