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

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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McKinsey Forward Learning Program 2026 for Young Africans

They drive bold progress. They grow their ambition. They transform their communities and themselves. At McKinsey.org, we’ve seen this time and again, ever since we launched our skill building programs – at no cost – so that nonprofits and individuals can achieve even more.

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AMD Agrees to Acquire World Labs for $8.2 Billion

AMD announced on Monday that it has entered into an agreement to acquire World Labs, a San Francisco-based AI lab developing a world model, which can be used to simulate 3D environments.

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