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

MTN Launches AI-Enabled Job Board Feature on the MTN Skills Academy

On International Youth Day, MTN is advancing its commitment to digital and economic inclusion with the launch of an AI-enabled Job Board feature on the MTN Skills Academy, giving learners access to job opportunities

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Dangote Sugar Raises N485.9 Billion Through Its Rights Issue

Dangote Sugar Refinery Plc has successfully raised N485.9 billion through its Rights Issue after investors fully subscribed to the offer. The company disclosed in a filing on the Nigerian Exchange

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Dangote Refinery to Launch Africa's Largest IPO in October 2026 as "People's IPO"

Dangote Petroleum Refinery's planned October IPO, which could become Africa's largest, is designed to let Nigerians share in the company's growth, its CEO told Reuters, adding that a foreign listing is at least three years away.

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China Accelerator for Overseas Chinese: A Practical Guide to Accessing Chinese Services Abroad

A China accelerator for overseas Chinese can help improve the connection between overseas users and Chinese internet services.

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African Startups and Other Ventures Raised $3.3 Billion in the First Half of 2026

African startups and other ventures raised $3.3 billion in the first half of 2026, representing a 73 percent increase from the same period in 2025 and the strongest mid-year funding performance

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Apple Wants to Pay Publishers to Train Its New Siri AI

Apple is in talks to pay publishers to use their content to power the upcoming Siri AI, according to a new report from The Wall Street Journal. The tech giant has reached out to publishers

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New Disrupt Africa Intelligence Offering to Assist VCs, Corporates

Tech news and research platform Disrupt Africa has launched “Disrupt Intelligence”, which offers corporates and VC looking to engage – or further engage – with the African tech market access to signals, founder intelligence, sector research and selective scouting support.

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Databricks Closes a $5 Billion Funding Round at a $190 Billion Valuation

Databricks on Thursday said it closed a $5 billion funding round at a $190 billion valuation. The company said that it has crossed $7 billion in revenue run rate

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Venture Capital Firm Accel Raises a $550 Million Early-Stage Fund

US-based venture capital firm Accel has raised a $550 million early-stage fund for India as part of a $3.5 billion fundraise across four new funds globally.

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Africa Tech Festival Returns to Cape Town for Landmark 29th Edition in November 2026

Africa Tech Festival, the continent’s longest-running technology event, will convene its 29th edition in Cape Town in November, and has announced its first speakers.

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Apply for the SME Youth Jobs Fund

The Fund aims to enable established SMEs to create new employment opportunities for young South Africans while supporting business growth and driving inclusive economic development

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Toyota South Africa Motors Opens Applications for Its 2027 Graduate Training Programme

Toyota South Africa Motors (TSAM) has officially opened applications for its 2027 Graduate Training Programme, a flagship two-year initiative designed to equip young professionals with the practical experience, technical knowledge and leadership skills

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