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

SpaceX Plans to Market Its IPO at a Fixed Price

Elon Musk's SpaceX is planning to set a fixed price of $135 per share ahead of officially marketing its initial public offering, the company said in a filing with the Securities and Exchange Commission

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TikTok Launches TikTok Pro Events

The new app, called TikTok Pro Events, allows users to engage with other fans, explore trending videos, and access curated creator feeds.

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AethexAI Raises $3 Million in Pre-Seed Funding

AethexAI, a startup founded last year to close that gap, has raised $3 million in pre-seed funding led by 4DX Ventures, with participation from Enza Capital, Dorm Room Fund, Mojo Ventures, and Stanford GSB 26 Fund

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Kenyan EV Startup Spiro Banks $215 Million Equity Funding Round

Kenya-based Spiro, a leader in two-wheel transportation and battery-swapping, has raised US$215 million in equity funding to scale electric mobility and energy infrastructure across Africa.

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Focused Energy Secures an Oversubscribed Series A Round

Focused Energy recently raised an oversubscribed $240 million Series A round, one of the largest early-stage rounds for a fusion power startup.

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Mediclinic Southern Africa Is Hiring

Mediclinic Southern Africa operates a range of multidisciplinary acute care private hospitals in South Africa and Namibia and focuses on providing value to our patients

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Ireland Opens New Routes for Foreign Workers

Ireland has expanded access to its employment permit framework, introducing 32 changes aimed at addressing persistent labour shortages across key sectors

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South African Fintech Company Yoco Acquires Dyner.ai

South African fintech company Yoco has announced the acquisition of Dyner.ai, an AI-native operating system built for restaurants and independent businesses

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South Korean Startup Unastella Closes $24 Million Series B Funding

South Korean startup that just closed a $24 million Series B, bringing its total funding to $44 million. The company launched its own rocket, the UNA EXPRESS-I

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Anthropic Files Confidentially for an Initial Public Offering

Anthropic, the AI lab behind Claude, has filed confidentially for an initial public offering, the company said in a blog post Monday.

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Dame Dr Adaora Umeoji Leadership is Rooted in People, Purpose and Global Ambition

Under Dame Dr Adaora Umeoji leadership, Zenith Bank reached another historic milestone, becoming the first Nigerian bank to surpass a N5 trillion market capitalisation

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African Payments Company NALA Closes $50 Million in Credit Financing

African payments company NALA has secured up to US$50 million in credit financing to fuel its global expansion, product development and the build-out of its next-generation neobank.

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