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

Dame Dr Adaora Umeoji Leadership is Rooted in People, Purpose and Global Ambition

Under Dame Dr Adaora Umeoji leadership, Zenith Bank reached another historic milestone, becoming the first Nigerian bank to surpass a N5 trillion market capitalisation

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African Payments Company NALA Closes $50 Million in Credit Financing

African payments company NALA has secured up to US$50 million in credit financing to fuel its global expansion, product development and the build-out of its next-generation neobank.

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SoftBank Group to Expand Data Center Capacity in France

SoftBank Group announced today that it plans to spend up to €75 billion (around $87 billion) to expand data center capacity in France.

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Snap Alumni Launches a Fund Called Ghost Angels

A group of 20 Snap alumni has come together to launch a fund called Ghost Angels to back the next generation of social media

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Nigeria's Peter Obi Accepts to be Presidential Candidate of NDC

Esteemed citizens of Nigeria, It is with deep humility that I accept the role of presidential candidate for our party.

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AI Startup Anthropic Closes $65 Billion Funding

Anthropic has snagged $65 billion in funding at a $965 billion post-money valuation in its latest funding round, marking what could be the AI startup’s last private fundraising

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Asana Acquires the Workflow Automation Company StackAI

Asana has acquired the workflow automation company StackAI for $75 million, part of a larger effort to position itself as an AI-native workplace platform.

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The African Medical Centre of Excellence (AMCE) Abuja Is Hiring

The African Medical Centre of Excellence (AMCE) Abuja is a 500-bed specialty hospital offering world-class comprehensive diagnostics and treatment

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Congo Plans to Grant Visa-Free Access to All African Nationals

The announcement was made on Monday during the African Development Bank Group Annual Meetings 2026 in Brazzaville by Denis Sassou Nguesso, President of the Republic of the Congo

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Ferrari CEO Benedetto Vigna Defends the Price Tag for Its First Fully Electric Car

Ferrari CEO Benedetto Vigna on Thursday sought to defend the 550,000-euro (roughly $640,000) price tag for the luxury carmaker’s first fully electric vehicle.

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Apply for the Africa–EU Space Partnership Programme

Applications are now open for the Africa–EU Space Partnership Programme (AESPP) Business Innovation Programme, which is aimed at entrepreneurs building an Earth Observation (EO) solution

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The Africa Jobs Fund (AJF)

The Africa Jobs Fund (AJF), a philanthropic investment fund, has launched aiming to mobilise US$100 million to create high-productivity jobs that sustainably raise incomes and transform quality of life

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