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

Dimension Capital Has Been Raising Increasingly Larger Funds in Quick Succession

While many newer VC firms are still struggling to raise fresh capital, Dimension Capital, founded in late 2022, has been raising increasingly larger funds in quick succession.

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German Startup Passionfroot Closes $15 million in a Series A Funding Round

Passionfroot, a German startup building a marketplace connecting B2B creators with brands, said on Wednesday it has raised $15 million in a Series A funding round led by Insight Partners.

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Cascade Raises $3.5 Million to Help Construction Firms Find and Win Projects

Cascade, a startup building a platform to help architecture, engineering, and construction firms find and win projects, has raised a $3.5 million seed round from Andreessen Horowitz Speedrun, Ada Ventures, and Snowball VC.

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Substack Joins Platforms That Are Leaning Toward Labeling AI Content

Substack joins several platforms that are leaning toward labeling AI content as such, especially now that AI is playing a greater role in the creation process.

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Indian Medtech Startup Bioscan Research Closes $1 Million Seed Round

Mumbai-based medtech startup Bioscan Research has raised $1 million in a seed funding round led by Unicorn India Ventures.

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4 Online Side Hustles That Actually Pay Real Money in 2026

Swagbucks - the low effort one. You get points for surveys, watching short video playlists, shopping through their portal, playing games. Most casual users make around $20 to $50

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Swedish Company Einride to Acquire EV Charging Startup Flipturn in an All-Stock Deal

Swedish electric and autonomous trucking company Einride has agreed to acquire EV charging startup Flipturn in an all-stock deal worth $38 million.

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Goldman Sachs Creates Alternative Investments Platform

Goldman Sachs has created a new platform to expand its offerings for wealthy clients and family offices who increasingly want direct stakes in fast-growing private companies

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Maritime Nuclear Energy Startup Bluecore Energy Closes $10 Million in a Pre-Seed Funding Round

Maritime nuclear energy startup Bluecore Energy on Tuesday said it had raised $10 million in a pre-seed funding round that was led by Slauson & Co.

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The Global Africa Business Initiative (GABI) New Opens Nominations

The Global Africa Business Initiative (GABI) has opened nominations for a new community-led campaign to recognise and celebrate entrepreneurs, business leaders and changemakers

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Launch Africa Ventures Closes 15 New Investments in 2026

Founded in 2020, Launch Africa Ventures is a leading pan-African venture capital fund and one of the most active early-stage investors on the continent, with more than 180 portfolio companies spanning 25 countries across its two funds.

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Kenyan Travel-Fintech Startup Afrinity Selected for the EquityPilot Programme

Kenyan travel-fintech startup Afrinity has joined FasterCapital’s EquityPilot programme to help it refine execution priorities, strengthen go-to-market messaging, and align initial product milestones

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