News

Argentina is advancing to a multi-currency-friendly financial model, with the Central Bank opening the doors for employers to pay wages in U.S. dollars.

UV printing on fabric is one of the most prominent modern applications that combines the quality of digital printing with the flexibility of textile materials

South African retailer Pepkor Holdings is to merge its fintech subsidiary Flash with payments platform Shop2Shop, creating a merchant commerce and financial technology company that it plans to list separately

U.S. citizens living abroad and dual nationals are being reminded that federal law requires them to enter and depart the United States on a valid U.S. passport — a rule that applies to all ages, including children.

Elon Musk’s tunneling startup The Boring Company is in talks to raise a $4 billion funding round at a valuation of $20 billion, according to The Wall Street Journal.

Dutch development bank FMO has committed $30m in senior debt to M-KOPA Kenya Mobility, the electric motorbike financing unit of African fintech group M-KOPA

The African Development Bank has approved a €100 million loan to Gotion Power Morocco to develop an integrated lithium iron phosphate battery gigafactory in the Rabat-Salé-Kénitra Free Trade Zone

Egyptian e-health startup Reme-D has raised US$1.45 million in pre-Series A funding to expand its manufacturing capacity, regional footprint, and diagnostic product portfolio.

Applications open for the latest cohort of the Harambeans, African innovators who pledge “to work together as one” to unlock the potential of Africa.

Egyptian startup Stakpak, the developer of one of the first open-source autonomous DevOps agents, has been acquired by Vercel, a US-based cloud platform valued at US$9.3 billion.

“The Entrepreneur’s Lighthouse builds your foundation. The AI Advantage gives you your market moves. Together, they are the complete library for the African entrepreneur.”

It was a week of divergence. Oil surged past $100, AI spending fears rattled Big Tech, crypto held surprisingly firm, and defense tech became the hottest trade in venture.