News

The African Development Bank (AfDB) Group invests over EUR7.5 million (US$8.6 million) in the Breega Africa Seed I Fund to support African innovative startups. Breega backs world-class founders shaping the future of digital, climate, and deep-tech

Founded by BIF in partnership with investment firm Scalar International, the SBIP seeks to accelerate the adoption of sustainable technologies that can improve energy access and strengthen regional resilience, and will support startups at the intersection of energy and digital infrastructure.

The Startup Battlefield Top 20 represents the best of the best from the Startup Battlefield 200. Companies with ideas that are meaningfully different, category-defining, and capable of making a major impact in their industry or geography.

Collide Capital, founded by Brian Hollins and Aaron Samuels, announced Thursday the close of a $95 million Fund II. The firm, founded in 2021, backs early-stage companies in fintech, supply chain, and the future of work.

South Africa is preparing for a sweeping overhaul of its immigration system, with new measures aimed at tightening refugee policies and modernising visa processes.

Startup Club ZA has announced the inaugural South African Startup Week (SASW), a three-day, ecosystem-wide event taking place at Makers Landing, V&A Waterfront, Cape Town, from April 15-17.

Egyptian fintech startup Lucky has closed a US$23 million Series B funding round to support its next phase of growth, with a focus on scaling its credit offering, expanding into North Africa

Atlas, an AI-led platform for accounting firms, has raised $6 million in a seed funding round co-led by Accel and Stellaris Venture Partners.

Tsecond.ai, an edge AI and data infrastructure startup, has raised over $21.5 million (around Rs 190 crore) in funding led by MSN Holdings, the family office of Solar Industries India’s MD and CEO Manish Nuwal.

Russia is set to deepen its diplomatic presence across Africa with plans to open three new embassies in the Comoros, Togo, and the Gambia

The common thread across all of them: They didn't wait to quit before they started building. They used employment to fund, learn, and validate, then scaled once the evidence was clear.

Cybersecurity startup Satark AI has raised an undisclosed amount in a pre seed funding round at a $4 million valuation cap through convertible notes from angel investors.