News

Bengaluru-based building materials quick commerce startup Fixxly has raised $5.5 million in a seed funding round from Accel, Fireside Ventures and Lightspeed India Partners.

The most successful entrepreneurs, freelancers, and professionals in Africa today have one thing in common: they are not everywhere. They are in the right communities — where their visibility turns into customers, their network turns into funding, and their profile turns into credibility.

From established global networks like LinkedIn to Africa-focused ecosystems such as VC4A and emerging platforms like AfriWallStreet, these platforms are helping shape a more connected and competitive business landscape for the continent.

Pitchwise is a document-sharing and virtual data room platform that enables African founders, dealmakers, and teams to share pitch decks, data rooms, and other sensitive documents through a single link.

On Tuesday, the AI company Recursive Superintelligence announced a $410 million compute deal with Amazon Web Services. The company, which emerged from stealth in May with $650 million in funding

Prince Al Waleed bin Talal Al Saud, a member of the Saudi royal family, has purchased a 5% stake in Lucid Motors, increasing the Kingdom’s overall ownership of the electric vehicle company.

FIFA confirm highly controversial plans to form FIFA Forward Enterprise (FFE), a new body that would oversee commercial rights and operational delivery. It requires private stakeholders and funding. UEFA are strongly opposed, viewing it as FIFA President Gianni Infantino selling stakes in the game.

Paystack, one of Africa’s leading payments technology companies, has launched Small Business Launchpad, a four-week growth programme for active Paystack merchants running small and medium-sized businesses in Nigeria.

The International Air Transport Association (IATA) has appointed Saadia Zahidi as its first female Director General, marking the first time a woman will lead the global airline industry’s largest trade body.

Organised by BFA Global, ASIF Ignite Africa is designed for founders building climate adaptation or resilience solutions for vulnerable communities with a prototype who need to put it in front of real users and come out the other side with credible proof points.

AfriWallStreet will continue to use its platform to champion production, advocate for pro-MSME policies, and showcase proof that Nigeria can indeed move from consumption to production

AfriWallStreet believes that Nigeria's youthful population presents a significant opportunity to become a leading manufacturing, technology, and innovation hub in Africa if supported with the right policies and business environment.