News

Kenyan digital bank Cloud9, which enables cross-border payments and borderless banking for African consumers and businesses, has secured $500,000 investment from crypto and fintech accelerator Alliance, taking the startup’s total funding to date to US$1 million.

Six African startups have been selected as winners of the 2026 FINCA Ventures Prize Competition, receiving a combined US$400,000 in catalytic funding to accelerate their impact in key resilience sectors.

Lighthouse Capital, an operator-led private equity firm, is in the process of raising a US$50 million private equity fund targeting high-growth mid-market businesses across South Africa and Kenya.

Ethiopia says an “all-out invasion” by Eritrean forces left it with no option but to defend itself, according to a letter to the UN shared with Reuters on Friday, as blasts continued near the border between the two countries.

Secretary of State Marco Rubio announced the sanctions Friday, after the Nobel Peace Prize was awarded to South African prosecutor Navi Pillay, a former judge at the ICC and other international courts. Trump has coveted that prize for himself.

President Donald Trump said that he has struck a deal to obtain diesel from Russia, a stunning reversal of years of US pressure on Moscow over its war with Ukraine and an attempt to address high fuel prices ahead of the US midterm elections.

The board at Nat Habit is issuing 22.5 lakh Series C preference shares at an issue price of Rs 633.5 each to raise Rs 142.6 crore, according to its regulatory filing accessed from the Registrar of Companies (RoC).

The Trump administration is suspending Microsoft, Adobe, and several other technology companies from a program that helps skilled foreign workers obtain permanent residency in the United States

When astronauts leave Earth’s orbit for Mars, chances are the food on their menu might very well carry the signature of Nigerian-American researcher Chinyere Ukeje.

The United States Department of Homeland Security (DHS) has proposed a $70,000 fee for universities seeking to enrol international students in the Optional Practical Training (OPT) programme

Here are 11 full university scholarships for African students currently accepting applications. The Mastercard Foundation Scholars Program is such a great program that provides funding and all sorts of other opportunities.

South African startup Vambo AI has released MORENA, an open weight 1.5-billion-parameter language model trained from scratch for 12 African languages, as well as English and French.