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

Saudi Arabia’s Public Investment Fund Launches Gulf Coast Real Estate Development

Saudi Arabia’s Public Investment Fund (PIF) announced on Monday the launch of Gulf Coast Real Estate Development, a company that will develop an integrated tourism and residential destination along the Arabian Gulf coast

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Quick Commerce Startup Swish Raises $24 Million from Bertelsmann India Investments

Swish is raising fresh capital from Bertelsmann India Investments, adding a new institutional investor to its captable. The round comes just months after its last fundraise

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Space-Tech Startup Pixxel Closes $100 Million in Its Series C Funding Round

Bengaluru-based space-tech startup Pixxel has raised $100 million in its Series C funding round co-led by Temasek and Seraphim Space.

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Women’s Wellness Brand Nua Raises $50 Million in Its Series C Funding Round

Women’s wellness brand Nua has raised $50 million in its Series C funding round led by Peak XV Partners and Filter Capital, with participation from existing investors Mirabilis Investment Trust and Footpath Ventures.

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Workforce Accommodation Startup HerSpace Manufacturing Secures Fresh Capital

Bengaluru-based workforce accommodation startup HerSpace Manufacturing has secured a fresh capital commitment of $40 million from existing investor Gray Matters Capital (GMC).

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The "Fellowship in Outbreak Readiness for Global Health Protection" (FOR-GHP)

The "Fellowship in Outbreak Readiness for Global Health Protection" (FOR-GHP) is funded by the German Federal Ministry of Health within the framework of the Global Health Protection Programme (GHPP).

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Nigerian Fintech Nomba Secures a $3 Million Debt Facility

Nomba, a Nigerian fintech, has secured a US$3 million debt facility through CardinalStone Finance Company to expand its cross-border payments business from the Democratic Republic of Congo (DRC),

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Iran to Step Up Efforts to Tackle Problems Created by the US Sanctions

Iran said it will step up efforts to tackle problems created by the US sanctions that are crippling its economy, while a senior Iranian official warned of a “painful response” if it comes under further attack.

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How Small African Businesses Can Build Customer Loyalty Without Big Marketing Budgets

Large companies can spend heavily on advertising, promotions and customer-retention campaigns. Small businesses often cannot. But customer loyalty does not always require a large marketing budget.

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British AI Infrastructure Company Nscale in Talks to Raise an Additional $3.5 Billion

Nscale, a British AI infrastructure company founded just two years ago, has said it may go public as early as later this month. Ahead of that expected IPO, the company is reportedly in talks to raise an additional $3.5 billion.

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Why Your Business Needs More Than Just a Website: 7 Digital Assets Every Small Business Should Build

The businesses that build these digital assets intentionally are better positioned to attract attention, establish credibility and convert visitors into customers.

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United Nations Volunteer Programme 2026

The United Nations Volunteers programme connects people with United Nations agencies and partner organizations to support development, humanitarian action, peacebuilding, and the Sustainable Development Goals

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