Africa's Markets, Startups & Money Moves — Updated Daily

Bitcoin Stages a Sharp Intraday Turnaround

Bitcoin staged a sharp intraday turnaround, climbing from under $63,000 to peak at $64,913 before stabilizing around $64,500. This 4.2% gain pushed the total crypto market capitalization past $2.3 trillion.

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European Central Bank Selects 36 Companies for 2027 Digital Euro Payments Pilot

The European Central Bank (ECB) has selected 36 payment service providers for a 12-month digital euro pilot due to begin in the second half of 2027

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OpenAI Researcher Miles Wang to Launch AI Drug Discovery Startup

Miles Wang, an OpenAI researcher whose work includes using AI to accelerate scientific and biological discovery to launch a new startup focused on developing AI models for drug discovery

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David Beckham’s Health Drink Startup IM8 Secure $1 Billion in Funding

David Beckham’s startup IM8 has taken on $1 billion in funding from General Catalyst’s Customer Value Fund (CVF), the company announced on Tuesday.

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Kuwait Introduces New Labour Regulations

Kuwait has introduced new labour regulations allowing foreign workers to change employers before completing one year of service under specific circumstances

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The Bank of Industry Unveils €85 Million Long-Term Financing Facility

The Bank of Industry (BOI) has unveiled an €85 million long-term financing facility aimed at expanding local cocoa processing, reducing Nigeria’s dependence on raw bean exports and strengthening value addition

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All On Launches the 2026 All On Off-Grid Energy Challenge

All On, Nigeria’s leading off-grid energy access investor is pleased to announce the launch of the 2026 All On Off-Grid Energy Challenge, a nationwide competition designed to identify, support and scale innovative off-grid solutions

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Slovakia to Overhaul Its Immigration System

Slovakia is set to overhaul its immigration system from July 15, 2026, with a package of reforms that extends national visa validity, gives foreign workers more time to secure new employment

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Here are 10 Countries Recruiting Foreign Professionals in 2026

From healthcare and engineering to information technology, construction and agriculture, governments are opening new pathways to recruit foreign professionals.

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World’s Top 20 Countries by Average Wealth per Adult in 2026

Here is a list of the world’s top 20 countries by average wealth per adult, based on data from the UBS Global Wealth Report 2026.

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Here Are the Top 10 African Startups by Funding in H1 2026

Compared with H1 2025, when African startups raised $1.47 billion across 301 deals (33 of which did not disclose funding amounts), funding value increased by 7% year-on-year, despite a significant decline in deal activity.

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Morocco’s Fintechs Gain Access to a Card Payments Market

Because fintechs typically operate with lighter cost bases and digital-first merchant onboarding, they are better placed than traditional banks to target the long tail of micro-merchants

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