- EIB Global has committed €40 million ($46 million) to Speedinvest’s Africa-focused investment vehicle, according to an announcement on March 17, 2026…
- Sistema.bio has closed $53 million in initial funding for FarmCarbon, a carbon finance vehicle, the company announced on March 17, 2026. The funding…
- Aqua-Spark, a Netherlands-based aquaculture investment firm, has held the final close of its Africa-focused fund at EUR 41.7 million (approximately $…
- Nigus International Investment Limited and Elmirate Investment LLC (Elmirate Capital) have signed a memorandum of understanding to develop a defense…
- African investor and philanthropist Tony Elumelu stated that the Tony Elumelu Foundation (TEF) has deployed more than $100 million in seed capital to…
- Cape Town-based Orca Fraud has closed an oversubscribed $2.35 million seed round to scale its real-time transaction monitoring and fraud intelligence…
- Africa’s Business Heroes (ABH) has launched applications for its eighth annual edition, making $1.5 million in grant funding available to ten African…
- Zambia has signed a Memorandum of Understanding with UK-based Obrizum Group Ltd to pilot artificial intelligence tools in its education system, with…
- Forty startups across Africa raised more than $272 million in funding in February 2026 through deals worth at least $100,000, according to data from…
- The African Development Bank Group has approved a €6.5 million investment in Saviu II, a venture capital fund managed by Saviu Partners, according to…
- SolarAfrica has completed a ZAR 635 million ($39 million) mezzanine-backed secondary transaction to acquire full ownership of Commercial Energy South…
- Google has expanded its AI Overviews and AI Mode search tools to support 13 African languages, in addition to English. This update empowers millions…
- The UNICEF Venture Fund has opened applications for early-stage startups developing blockchain-based solutions, according to a call for applications…
- The European Investment Bank Group deployed €3.1 billion in Africa through EIB Global, its international development finance arm, in 2025, according…
- Globally, AI captured 50% of all venture capital dollars in 2025. OpenAI and Anthropic alone absorbed 14% of total global VC. Africa saw none of that…
- DRC's €8B digital plan expands fiber and towers, builds data centers, trains 250,000 youth and aims to connect 30M people while creating jobs and GDP…
- Safaricom's $500M plan to 2026 uses AI and M-Pesa upgrades (Ziidi, Daraja 3.0), supports startups and expands financial inclusion across East Africa…
- Lagos’s 6,000 km fiber rollout (by 2027): $200M for state network, 85% within 5 km, 5x faster internet, smart cameras and IoT for city services.
The…
- M-KOPA Nigeria has released its first Impact Report, announcing over ₦230 billion in credit unlocked for over 1 million customers, becoming M-KOPA’s…
- The African Development Bank Group (AfDB) (www.AfDB.org) and the International Institute of Tropical Agriculture (IITA) have signed a $16.61 million…
