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

Morocco Ditches Startup Grants for Fund-of-Funds Model to Unlock Private Venture Capital

Morocco’s decade-long experiment in public startup financing has entered a new phase, as the country shifts from direct grants and loans toward a leveraged fund-of-funds model designed to attract private venture capital at scale.​

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The Contisx Phone is Now Available for Preorder

Every preorder comes with these benefits: - One year of complimentary Contisx Network services, including Contisx Mail, Contisx Audio and Contisx Video. - Zero-rated data access across the Contisx Exchange and CSD ecosystems for one year.

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Every ContiSX Phone is Powered by a ContiSX Smart Account

ContiSX lets organisations communicate securely without surrendering control of their identity, encryption keys, access permissions or infrastructure to an external service provider.

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AfriWallStreet Invites International Companies Seeking African Distributors and Business Partners

AfriWallStreet is calling on international companies seeking to enter, expand or strengthen their presence in African markets to connect with its growing community of professionals, entrepreneurs and businesses across Africa.

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Egyptian e-Commerce Platform Breadfast Launches  Breadfast Food

Egyptian e-commerce platform Breadfast has further expanded its everyday convenience platform with the launch of Breadfast Food, allowing users to order meals from restaurants and have them delivered to their door.

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Call for Application | Global Ecosystem-based Adaptation (EbA) Fund 2026

The Global Ecosystem-based Adaptation (EbA) Fund has opened its 8th Call for Proposals, offering 10 small grants of up to US$250,000 for innovative climate adaptation projects in Small Island Developing States (SIDS) and Least Developed Countries (LDCs).

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Qure.ai's Clinical Decision Support System Aira Among World's First to Win Class IIb CE Certification

Built for frontline primary care in emerging economies, Aira is the first AI-powered clinical decision support system (CDSS) to combine documentation, workflow automation and analysis of patient EHR data with clinical decision-making under a single CE mark.

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Nigerian Startup Drive45 Mobility Raises $3 Million Debt Facility from TLG Capital

Nigerian startup Drive45 Mobility has secured a US$3 million debt facility from TLG capital to support the company’s next phase of growth. Founded in 2021, Drive45 Mobility is transforming access to vehicle ownership

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Egyptian Fintech Startup Zeal Bags $10 Million to Help It Expand Globally

Egyptian fintech startup Zeal has raised US$10 million in funding to help it expand globally. Founded in 2019 by Omar Ebeid and Belal Mohamed, Zeal develops software that integrates with existing payment terminals

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Kenya-Based Spiro Partners China's Yadea to Scale Accessible and Sustainable Electric Transport

Kenya-based Spiro, a leader in two-wheel transportation and battery-swapping, has signed a partnership with Chinese company Yadea, the world’s leading manufacturer of electric two-wheelers, to scale accessible and sustainable electric transport across Africa.

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Geothermal Startup Mazama Energy Closes $135 Million in an Oversubscribed Series B Funding

Geothermal startup Mazama Energy raised $135 million in an oversubscribed Series B, the startup said Thursday. The fresh funding will help the company develop horizontal wells

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Security Researchers Expose Cracks in the ChatGPT-maker’s Defenses

In a twist that captures the strange new state of AI security, independent security researchers have used Anthropic’s Claude to break into OpenAI, exposing cracks in the ChatGPT-maker’s defenses

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