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

upGrad Acquires Unacademy

Unacademy, once one of India’s most valuable edtech startups, has been acquired by rival upGrad at a valuation of just over $200 million, about 94% less than its 2021 peak valuation.

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Duane “Keffe D” Davis Found Guilty of the Murder of  Tupac Shakur

Former South Side Compton Crips leader, Duane “Keffe D” Davis, has been found guilty of the murder of legendary rapper Tupac Shakur, nearly three decades after the hip-hop icon was killed in a drive-by shooting in Las Vegas.

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UK Government Launches the First Procurement Competitions

UK Government today launches the first procurement competitions under its £100 million Sovereign AI R&D Procurement Scheme.

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Lionel Messi Retires from International Football

Lionel Messi retired from international football on Monday, ending a career with Argentina that ran more than two decades and produced 124 goals in 203 games.

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Emzor Pharmaceutical Industries Raises a $19.8 Million Bond

Stella Okoli's Emzor Pharmaceutical Industries has raised a N26.7 billion ($19.8 million) bond at a 19 percent coupon to complete an antimalarial active pharmaceutical ingredient plant that has now missed two announced start dates.

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Mamor Capital Ventures to Begin Investing in South African Technology Businesses

Mamor Capital Ventures has secured a R300 million first close for its inaugural fund, giving the black women-owned venture capital (VC) firm capital to begin investing in post-revenue South African technology businesses

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Minapharm Group Secures $16.5 Million to Advance the Development of a Bundibugyo Ebolavirus Vaccine Candidate

Minapharm Group, headquartered in Egypt with subsidiaries in Berlin, will receive up to US$16.5 million from the Coalition for Epidemic Preparedness Innovations (CEPI) to advance the development of a Bundibugyo ebolavirus vaccine candidate

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OpenAI to End Access to Its Models on Cursor After SpaceX Acquisition

OpenAI announced late Friday that it is ending developers’ access to its models on Cursor, following the acquisition of the AI coding startup by Elon Musk’s SpaceX earlier this month.

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Write for Us: Publish Your Articles on AfriWallStreet for FREE and Reach Africa

Are you looking for a website to publish your articles for free, grow your brand, and get in front of real entrepreneurs, investors, professionals and customers?

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Global Markets This Week: Stocks, Crypto & Startup Funding

Stocks cautious before Nvidia/Jackson Hole, Crypto consolidating after monster rally, Startup money flowing to AI infrastructure in space and on Earth.

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African Business News This Week — Aug 25-29, 2026

Nigeria's Dangote refinery is driving a 7x rise in Nigeria's petroleum product exports. Intra-Nigerian shipments jumped to 211,000 bpd in Q2 2026 vs 81,000 bpd in 2025, and exports to Europe hit 130,000 bpd.

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8 Important Steps International Students Must Take Before Moving to Canada

Canada has highlighted eight important steps prospective international students should take before moving to the country for their studies.

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