News

Former England captain Sir David Beckham has become the UK's first billionaire sportsman in the 2026 Sunday Times Rich List.

Female startup founders from Africa are invited to apply for the Cartier Women’s Initiative, which aims to empower women impact entrepreneurs and offers prize money of up to US$100,000.

Ivorian fintech startup Cauridor, which is utilising a hybrid approach to payments that blends digital infrastructure with cash networks, has raised a Series A round of funding that includes a US$2 million

Indian ride-hailing company Rapido said on Friday it had raised $240 million in fresh funding at a $3 billion valuation to compete better in the country’s growing but challenging mobility market

Meridian Ventures was born out of a shared experience: deferred MBAs. Now, founders Devon Gethers and Karlton Haney have raised a $35 million fund to back pre-seed and seed-stage companies

Private equity firm Lightrock has launched a new $500 million clean energy fund aimed at supporting growth-stage businesses

The University of Gothenburg is inviting applications for a fully funded two-year postdoctoral position in Data Analysis with Applications in Environmental Sciences.

Digital Africa has launched the Digital Africa Seed Fund (DASF), a pan-African seed-stage vehicle targeting €30–50 million, announced at the Africa Forward Summit in Nairobi on 12 May 2026.

US President Donald Trump and Chinese President Xi Jinping struck an optimistic tone at a state banquet in Beijing on Thursday, after holding what both leaders described as wide-ranging talks

Fervo Energy, the geothermal energy startup, saw its market valuation surpass $10 billion in its public market debut, an increase driven by demand for AI data centers

Cerebras Systems raised $5.5 billion in its IPO on Thursday, pricing shares at $185 Wednesday evening, way higher than its range ($115 to $125, later raised to $150 to $160)

iStore South Africa has officially launched iStore Pay, a new payment solution aimed at empowering South African entrepreneurs and small businesses