News

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.

Kenyan fintech company 4G Capital has secured a strategic investment of US$2 million to scale its innovative lending model, while expanding financial inclusion and deepening its reach among underserved businesses

The Royal Academy of Engineering has shortlisted 16 innovators for the 2026 Africa Prize for Engineering Innovation, who will now compete for a share of the GBP85,000 (US$113,000) prize fund.

Debt collections infrastructure company CredResolve has raised an undisclosed amount in a pre-Series A round led by Merak Ventures, with participation from existing investors Unleash Capital Partners and CDM Capital.

Satellite RF intelligence startup Xovian Aerospace has raised $2 million in a strategic investment round led by Ashish Kacholia.

The AI video-generation startup has launched a $10 million venture fund to invest in early-stage companies building across AI, media, and world simulation, the company’s founders told TechCrunch.

Allbirds, the wool sneaker brand that became a kind of unofficial uniform for the Silicon Valley set, has agreed to sell all of its assets and intellectual property to American Exchange Group for $39 million

SpaceX, the technology conglomerate founded by Elon Musk, reportedly filed disclosures confidentially with the U.S. Securities and Exchange Commission ahead of an initial public offering.

Telecoms giant MTN Group retained its position as the country’s most valuable brand for a 13th consecutive year, with a valuation of roughly $2.7 billion.