News

Major U.S. stock indexes advanced during the week—with several notching fresh record highs—as generally favorable corporate earnings, renewed enthusiasm around AI-related stocks

NGX: The Nigerian market stayed bullish mid-week. On Thursday Aug 13, the market maintained its upward trend as investors hunted value, with about N50bn gain thanks to Nigerian Breweries, MTNN and others.

On International Youth Day, MTN is advancing its commitment to digital and economic inclusion with the launch of an AI-enabled Job Board feature on the MTN Skills Academy, giving learners access to job opportunities

Dangote Sugar Refinery Plc has successfully raised N485.9 billion through its Rights Issue after investors fully subscribed to the offer. The company disclosed in a filing on the Nigerian Exchange

Dangote Petroleum Refinery's planned October IPO, which could become Africa's largest, is designed to let Nigerians share in the company's growth, its CEO told Reuters, adding that a foreign listing is at least three years away.

A China accelerator for overseas Chinese can help improve the connection between overseas users and Chinese internet services.

African startups and other ventures raised $3.3 billion in the first half of 2026, representing a 73 percent increase from the same period in 2025 and the strongest mid-year funding performance

Apple is in talks to pay publishers to use their content to power the upcoming Siri AI, according to a new report from The Wall Street Journal. The tech giant has reached out to publishers

Tech news and research platform Disrupt Africa has launched “Disrupt Intelligence”, which offers corporates and VC looking to engage – or further engage – with the African tech market access to signals, founder intelligence, sector research and selective scouting support.

Databricks on Thursday said it closed a $5 billion funding round at a $190 billion valuation. The company said that it has crossed $7 billion in revenue run rate

US-based venture capital firm Accel has raised a $550 million early-stage fund for India as part of a $3.5 billion fundraise across four new funds globally.

Africa Tech Festival, the continent’s longest-running technology event, will convene its 29th edition in Cape Town in November, and has announced its first speakers.