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

AXIAN to Launch a Fully Digital, Regulated Lender Offering Nano- and Micro-Loans in Comoros

AXIAN Group, the pan-African conglomerate owned by Madagascar billionaire Hassanein Hiridjee, has secured a Decentralized Digital Financial Institution (DFI) licence from the Central Bank of Comoros.

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UNICEF Opens Applications for Equity-Free Funding for Early-Stage Startups

UNICEF has opened applications for early-stage startups that are deploying blockchain-based solutions with real-world impact for children and their communities

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Skincare Brand RAS Luxury Skincare Bags $7.5 Million Series B Funding Round

Skincare brand RAS Luxury Skincare has raised $7.5 million in a Series B funding round led by Dabur Ventures, with participation from Unilever Ventures.

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Bubble Me Secures Pre-Seed Funding Round

Chandigarh-based wellness startup Bubble Me has raised Rs 1.5 crore in a pre-seed funding round led by AJVC, founded by Aviral Bhatnagar.

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Applications are Open for the Google.org Impact Challenge

Applications are open for the Google.org Impact Challenge: AI for Government Innovation 2026, a global funding and support initiative

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Inamo Closes $8 Million in a Funding Round

Quick commerce enablement platform Inamo has raised $8 million in a funding round led by Prime Venture Partners, along with participation from existing investors Shastra VC, Antler India, and Gemba Capital.

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Global Markets After U.S. and Israeli Strikes on Iran

Global markets opened the week on the back foot after U.S. and Israeli strikes on Iran heightened tensions in the Middle East and rattled investors.

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Price of Gold Jumps Due to Escalating War in the Middle East

With the Middle East war rattling global markets, gold is once again drawing attention as a potential safe-haven investment.

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Nvidia is Investing a Combined $4 Billion in Coherent and Lumentum

Nvidia is investing a combined $4 billion in two companies developing photonics technologies, as it looks to shore up research pipelines and supply chains

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South Africa Doubles Discretionary Allowance From R1 Million to R2 Million

South African couples can now transfer up to R4 million offshore per year without Reserve Bank approval or a SARS tax clearance certificate

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Airlines Cancel Middle East Flights

Several airlines across Asia and Europe have cancelled flights and suspended operations following the widespread closure of Middle East airspace.

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Oil Shipping Paused in the Strait of Hormuz

Oil shipping has largely paused in the Strait of Hormuz that links the oil-rich Persian Gulf to the open seas after the US and Israel bombed Iran

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