News

The Home Grown Solutions (HGS) Accelerator is an initiative of the African Union Development Agency (AUDA-NEPAD), supported by the Japan International Cooperation Agency (JICA), the official development assistance agency of the Government of Japan.

Samsung reached a $1 trillion valuation on Wednesday as shares of the South Korean tech giant surged more than 10%, driven by the ongoing artificial intelligence frenzy fueling demand for chips.

Geothermal startup Fervo Energy said Monday it hopes to raise up to $1.3 billion in its initial public offering. The company would be valued at up to $6.5 billion

Jurisphere, a legal AI startup, has raised $2.2 million in a funding round led by InfoEdge Ventures, with participation from Flourish Ventures, Antler, and 8i Ventures

Nigerian fintech startup Grey has registered as a payments provider under Canada’s Retail Payment Activities Act (RPAA), allowing it to offer payment services to customers in Canada.

a16z crypto announced a new $2.2 billion fund. This is the VC firm’s fifth fund and brings the total raised to date to $9.8 billion

Zenith Bank Plc has announced a leadership transition following the retirement of its founder and group chairman, Jim Ovia, who has completed the 12-year tenure

Bima, the insurtech startup that began as a micro-insurance pilot in Ghana and scaled to reach millions across emerging markets, is set to be acquired as part of a major consolidation

Amazon is opening its global logistics network to all businesses, the company announced on Monday. The new service, called Amazon Supply Chain Services

Bret Taylor’s AI startup Sierra is raising a $950 million funding round led by Tiger Global and GV, the company announced Monday, pushing its post-money valuation above $15 billion.

Former Andreessen Horowitz investor Katie Haun announced on Monday in a press release that her firm has raised $1 billion across new funds to continue its thesis of backing crypto and blockchain.

A suspected hantavirus outbreak on a cruise ship in the Atlantic Ocean has killed three people and sickened at least three others, the World Health Organization said Sunday