News

Novastar Ventures has closed its Africa People and Planet Fund III at $147 million, marking a meaningful step for one of the continent’s more established venture firms

Prime Minister Benjamin Netanyahu said on Friday that Israeli strikes have destroyed about 70 percent of Iran’s steel production capacity, significantly hindering its ability to manufacture weapons.

Ukrainian President Volodymyr Zelenskyy in remarks made public Friday said his country could help unblock the Strait of Hormuz, whose closure by Iran has rattled the global economy.

Gateway Capital Partners, the venture firm founded by Dana Guthrie, announced the first close for its $25 million target Fund II earlier this week

Nigeria’s fintech leader, Flutterwave Inc., has been granted a full banking license by Nigerian regulators, a development the company says will deepen its role in the country’s financial system

The Visa-Free Access aligns with broader continental efforts to ease movement under frameworks such as the African Continental Free Trade Area.

These opportunities support projects that deliver measurable impact in education, youth development, and community empowerment.

Angolan startup ANDA, which has developed an innovative “drive-to own” model that empowers drivers of two-, three- and four-wheeled vehicles, has secured US$1.2 million in funding

Madica, a structured investment programme for pre-seed African startups, has released an insight-led guidebook series for early-stage founders looking to raise funding.

African social entrepreneurs are invited to apply for this year’s edition of the FINCA Ventures Prize competition, which will award grants of up to US$100,000 to solutions addressing global poverty.

Moroccan startup GoSwap, which specialises in automated battery swapping solutions for electric scooters, has announced its first round of funding from the Azur Innovation Fund

Egyptian recruiting platform Qualiphi has acquired Career Club, a virtual career platform previously owned by iCareer, in a six-figure deal to expand AI-powered career services across the region.