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

Senegal's President Bassirou Diomaye Faye Elected as the New Chairman of the ECOWAS

Senegal's President Bassirou Diomaye Faye has been elected as the new Chairman of the Economic Community of West African States (ECOWAS), succeeding Sierra Leone's President Julius Maada Bio

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How Much Do Commercial Pilots in Nigeria Earn?

Entry level commercial pilots in Nigeria earn between N800,000 and N9 million per month depending on the airline, aircraft type, operational model and experience level.

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Infinity Raises $15 Million at a $100 Million Valuation

AI infrastructure company Infinity announced a $15 million raise at a $100 million valuation on Monday from investors including Touring Capital, Principal VC, and researchers

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Andy Burnham Becomes U.K.’s 7th Prime Minister in a Decade

Andy Burnham became the U.K.’s seventh prime minister in a decade on Monday, with investors and market watchers already questioning his policy agenda

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Netflix Paid $587 Million in Cash for InterPositive

In a new regulatory filing, Netflix revealed that it paid $587 million in cash for InterPositive, a startup co-founded by actor and director Ben Affleck.

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Apply for the Fully-Funded Effective Healthcare Management Program (2026-2027 Cohort)

We are pleased to announce the start of the 2026–2027 recruitment for the Certificate in Effective Healthcare Management, offered by the University of Toronto‘s Institute for Management and Innovation

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Spain Beat Argentina to Win 2026 FIFA World Cup

La Roja ended a 16-year wait with a dramatic 1-0 victory over defending champions Argentina after extra time in the 2026 FIFA World Cup Final at MetLife Stadium.

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Current AI to Build Open, Public AI Infrastructure

Current AI operates as a “public-private partnership” bringing together governments, companies, and philanthropies to fund public interest tech

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AI, Energy and Agriculture to Shape Nigeria’s Next Phase of Economic Growth

Temi Popoola, group managing director and chief executive officer of Nigerian Exchange Group (NGX Group), has identified artificial intelligence (AI), energy and agriculture as sectors poised to shape Nigeria’s next phase of economic growth

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Taiwan Removes Cambodia from Two Visa Facilitation Programs

Taiwan will remove Cambodia from two visa facilitation programs on Aug. 1, while extending eased entry arrangements for Thailand, India and several other Southeast and South Asian countries,

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Moonshot AI Technology Co Preparing for IPO

Moonshot AI Technology Co (月之暗面) has told investors it is preparing to list in as early as six months, seizing the opportunity to tap capital markets after its latest model upended industry perceptions of China’s burgeoning capabilities

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France Joins a Widening List of Countries Cutting Off Polymarket

France's gambling regulator, the Autorité Nationale des Jeux (ANJ), ordered internet service providers to block Polymarket on July 16, treating the prediction market as an illegal gambling site

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