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

Biotech Startup ELMED Life Sciences Raises $2.7 Million in a Series A Funding Round

Biotech startup ELMED Life Sciences has raised $2.7 million (around Rs 25 crore) in a Series A funding round from AgriSURE Fund, managed by NABVENTURES.

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Dream Sports to Launch Stockbroking Platform as It Looks to Diversify

Dream Sports, the parent of Dream11, is set to enter the stockbroking space with a new platform, Dream Street, as it looks to diversify beyond gaming and compete with players such as Groww and Zerodha.

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Veme, Uber, and Pony.ai to Launch a Commercial Robotaxi Service in Europe

Mate Rimac, the founder of Croatian electric vehicle maker Rimac Group, started working on electric robotaxis seven years ago. Now part of his vision is coming to fruition

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Angola to Sell $2.5 Billion of Eurobonds as Oil Surges

Angola is set to raise $2.5 billion through the sale of dollar-denominated bonds, betting that higher oil prices driven by the Iran–Israel conflict will attract strong investor demand.

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Croatia Set to Overhaul Its Work Visa Framework

Croatia is set to overhaul its work visa framework as part of broader immigration reforms aimed at addressing labour shortages and attracting foreign talent into key sectors of its economy.

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Kenya’s Ndovu Wealth Launches the Kibaba Multi-Asset Special Fund

Kenya’s Ndovu Wealth has launched the Kibaba Multi-Asset Special Fund, a collective investment scheme offering structured, diversified exposure across global asset classes.

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South African Startup Littlefish Raises $9.5 Million Series A Round

littlefish, the South African startup building financial infrastructure for small businesses, has raised a $9.5 million Series A round to scale its merchant operating system

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Meta Calling On Product Managers, Designers, Engineers, and Other Employees

Zuckerberg has asked product managers, designers, engineers, and other employees to reach out if they’re interested in working on the new initiative.

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Jury Rules Social Media Platforms Play a Major Role in Harming Mental Health

The landmark case, taking place in Los Angeles County Superior Court, aimed to hold the social media platforms accountable for the harms

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VITL Announces a $7.5 Million Series A Funding Round

VITL estimates that its technology saves clients up to two full workdays per month by automating an otherwise cumbersome and opaque process

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Swedish Government to Extend the Validity of Its EU Blue Card

The Swedish government has announced plans to extend the validity of its EU Blue Card from two years to four years, in a move aimed at attracting and retaining highly skilled foreign professionals.

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Register to Attend the Nigeria Business Summit Hosted by Stanbic IBTC

This April, a significant chapter in Nigeria’s business narrative will unfold at the Nigeria Business Summit hosted by Stanbic IBTC.

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