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

Saudi Arabia Oil Exports Surge This Month Despite Iran-Backed Militant Clashes - Kpler

Saudi Arabia’s crude oil exports have surged this month despite a sharp escalation in fighting with Iran-backed militants, according to data from the trade intelligence firm Kpler.

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Iran Says No Flexibility on Nuclear Program Despite Strait of Hormuz Offer

Iran will show no flexibility over its nuclear program even if the United States accepts its proposal to reopen the Strait of Hormuz, which calls for steps including the lifting of a US naval blockade on Iranian ports

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Colombia Cuts Diplomatic Ties with Iran

Colombia said on Thursday it had cut diplomatic ties with Iran, the latest Washington ally in Latin America to sever links with the US arch-foe.

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British Neocloud Nscale Secures $3.36 Billion Financing Ahead of Its IPO

Nscale, which filed its IPO paperwork last week, is expected to be valued at $35 billion on the NYSE, Financial Times reported, and is seeking to raise $3 billion in the offering, according to Bloomberg.

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20 Scholarships Currently Open in Europe for Applications

If you are looking for opportunities to study in Europe, here are 20 scholarships currently open for applications. Some are fully funded, while others provide partial funding

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Kenya's SunCulture Closes $10 Million Securitization to Scale Solar Irrigation

SunCulture, a Kenyan provider of solar-powered irrigation systems, has closed a $10 million securitisation of receivables linked to its productive-use solar assets, in a transaction that its partners say could establish a replicable model for financing distributed energy in Africa.

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ShinyHunters Claims Massive FBI Data Breach: Thousands of Agents and Applicants Exposed

ShinyHunters, a prolific cybercriminal group known for large-scale data theft and extortion, says it has breached the FBI and stolen data on thousands of agents and applicants.

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The Africa Early-Stage Investor Summit (AESIS)

The Africa Early-Stage Investor Summit (AESIS), co-created by ABAN and VC4A, will host its 13th edition in Cape Town, South Africa, on November 25-26. Since its launch in 2013, AESIS has welcomed more than 3,300 participants representing over 90 countries

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Tyson Fury and Anthony Joshua Finally Set to Collide in All-British Heavyweight Showdown on December 11 2026

Former heavyweight world champions Tyson Fury and Anthony Joshua will meet on December 11th at Principality Stadium in Cardiff, UK, promoter Turki Alalshikh announced on social media on Thursday.

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Beyond Handover: Why Post-Delivery Management Matters for the Long-Term Value of African Real Estate

Across Africa, cities are changing rapidly. New residential developments are emerging, public and private housing programmes are being delivered, and companies, financial institutions, investors and public bodies are expanding their real estate portfolios.

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VC Firm Andreessen Horowitz Launches The Horowitz Andreessen Academy

Venture capital firm Andreessen Horowitz is launching a school called The Horowitz Andreessen Academy aimed at aspiring founders who have just graduated high school and have not yet attended college.

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Bessemer Venture Partners Raises $5.75 Billion for Two New AI Funds

Bessemer Venture Partners announced on Wednesday that it has raised $5.75 billion across two new funds to accelerate its investment across all parts of the AI stack.

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