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

Yamify Secures Funding from Launch Africa Ventures

Yamify, a developer-first AI platform that lets freelancers and web agencies spin up AI stacks in under a minute, has secured funding from Launch Africa Ventures as part of its pre-seed round.

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Former OpenAI Researcher Yao Shunyu Now Chief AI Scientist at Tencent

A former OpenAI researcher is now chief AI scientist for Tencent in China, and wants to build artificial general intelligence. It’s a sign of a shift in the U.S.-China tech race.

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Redpoint Advisors Acquires South Africa's VoxCroft Analytics

South African open-source intelligence company VoxCroft Analytics has been acquired by the US-based Redpoint Advisors.

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Reid Hoffman Ready To Go “Founder Mode”

Hoffman said on a recent episode of his “Possible” podcast, while talking with Microsoft CEO Satya Nadella, that he’s ready to go “founder mode” with his latest AI startup, Manus.

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Donald Trump Administration Plans to Secure an Equity Stake With an AI Company

President Donald Trump said on Friday that he’s spoken to AI companies about striking deals “where the American people can benefit from the success of AI.”

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What Makes The AfriWallStreet Community Valuable?

AfriWallStreet's strength lies in bringing together professional networking, business growth, education, media support, events, and commerce into one community

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Hybrid Motors Nigeria to Establish Electric Vehicle (EV) Manufacturing Plants

Hybrid Motors Nigeria has secured approximately $95 million in investment commitments to establish electric vehicle (EV) manufacturing plants and a nationwide charging infrastructure network

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South African VC Firm Aions Ventures Launches Aions Seed Fund I

South African VC firm Aions Ventures has launched Aions Seed Fund I, a ZAR100 million (US$6.1 million) seed fund to back local early-stage tech startups

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Innefu Labs to Advance Its Proprietary Agentic AI Platform

Innefu's deployments include several national scale AI intelligence fusion centres including national terrorism data fusion centre, operational intelligence fusion centre

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Founders Fund Launches Its Own Game Show

Now, in a sign of the times, Founders Fund, the venture capital firm co-founded by Peter Thiel, has launched its own game show.

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African Electric Mobility Company Spiro Secures $215 Million Investment

African electric mobility company Spiro has secured a landmark $215 million investment round to accelerate the expansion of its electric vehicle (EV) and battery-swapping infrastructure

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Helion Secures New Funding Round that Values the Company at $15.5 Billion

Helion, the fusion startup backed by Sam Altman, announced on Thursday that it had raised $465 million in a new funding round that values the company at $15.5 billion

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