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

African Governments Must Shift From Raw Exports to Manufacturing to Unlock AfCFTA - AfriWallStreet

AfriWallStreet called on the African Union, Afreximbank, and national ministries of industry and trade to tie future trade concessions and incentives directly to manufacturing capacity, local content, and job creation targets.

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Edtech Startup Arivihan Secures $10 Million in Series A Funding

Bengaluru- based edtech startup Arivihan has secured $10 million in Series A funding from existing investors Accel and Prosus Ventures, along with an additional $200,000 from its existing GSF angel investors.

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Tony Elumelu Raises Seplat Energy Stake to 21.07% After Buying 6 Million Shares via Heirs Energies

Nigerian billionaire Tony Elumelu has acquired an additional 6 million shares in Seplat Energy Plc through Heirs Energies Limited, taking the combined stake held by entities he controls to 21.07%.

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The 2027 BMW 3 Series Comes in Both Gas and Electric Versions

The 2027 BMW 3 Series comes in both gas and electric versions, and the EV is $4,400 cheaper. The gas-powered M350 xDrive will set you back $65,900, while the electric i3 50 xDrive will cost $61,500

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BAG Ventures Closes $11.3 Million Fund to Back Early-Stage AI Startups

Two Google alumni have closed an $11.3 million fund to back early-stage AI startups, betting that the era of enterprise AI experimentation is ending and that customers will increasingly pay only for products that prove their worth.

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OpenAI in Talks to Raise $30 Billion at $1.4 Trillion Valuation in Pre-IPO Round

OpenAI is in talks with investors to raise at least $30 billion in a pre-IPO funding round at a valuation of roughly $1.4 trillion, Bloomberg reported on Tuesday.

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Dangote Picks Honeywell for $16 Billion, 700,000 bpd Kenya Refinery in Lamu - World's Largest Single-Train Refinery

Aliko Dangote has selected Honeywell Technologies to provide engineering services, licensing and equipment for a planned 700,000-barrels-per-day (bpd) refinery in Kenya.

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Bharat Housing Network Raises $5 Million in Green Bonds from Symbiotics

Bharat Housing Network (BHN), a secured credit network, has raised $5 million (around Rs 47 crore) in green bonds from Symbiotics. The bond is part of a $75 million green basket bond programme structured by Symbiotics

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Burkina Faso Inaugurates First-Ever Gold Refinery in Push for Resource Sovereignty

Burkina Faso has inaugurated its first-ever gold refinery, marking a major step in the military-led government's drive to process its mineral wealth locally and retain more value from its gold industry

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He Lost His Voice to Cancer. Now His ‘Voice Glasses’ Are Helping Others Speak Again

Konrad Zieliński lost his voice to cancer years ago while he was a student at the University of Warsaw. People with his condition have traditionally relied on handheld speaking devices that sound flat and robotic, or on surgically implanted voice prostheses

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Apply for the Inaugural TWIF Changemakers Competition

African fintech startups have been invited to apply for the inaugural TWIF Changemakers competition, a new annual honour dedicated to recognising the individuals and institutions driving tangible, lasting impact in financial services.

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NAP Luxury Apartments, Kubwa — Where Abuja's Comfort Meets Class

NAP Luxury Apartments is a stylish and private shortlet accommodation located in Phase 4, Dantata Estate, Kubwa, Abuja. Ideal for weekend getaways, family holidays, business trips, or extended stays in Abuja

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