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

Michelle Njuguna

Michelle Njuguna is a writer for AfriWallStreet. Based in Kenya, she specializes in covering the politics, lifestyle, economy and how it affects people, businesses and communities.

AfricArise Launches Cape Venture Bridge to Prepare Western Cape Startups for International VC

Western Cape tech startups are invited to apply for the first cohort of the Cape Venture Bridge, a new programme run by AfricArise that aims to prepare them for international VC and market expansion.

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Madica Secures $6 Million from Flourish Ventures to Extend African Pre-Seed Investment Pilot by 3 Years

Madica, a structured pre-seed investment programme for African startups, has secured US$6 million in additional capital from Flourish Ventures to extend its investment pilot by three years.

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Apply for the 2026 Edition of the FoodTech 500

African startups working at the intersection of food, technology and sustainability are invited to apply for the 2026 edition of the FoodTech 500. Run by Forward Fooding and inspired by the Fortune 500, the FoodTech 500 bills itself as the world’s first definitive list of global entrepreneurial talent in the food-tech space

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Entries are Open for the 2026 South African Startup Awards

Entries are now open for the 2026 South African Startup Awards, which look to recognise innovative local early-stage tech startups. Run by Startup Club ZA and now in its fourth year, the awards will name winners across 11 vertical-specific categories

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Tanzanian E-Health Startup Medikea Raises $1.2 Million Pre-Seed to Expand Clinic Network to 10

Tanzanian e-health startup Medikea has raised US$1.2 million in pre-seed funding as it opens two new clinics and targets a network of 10 facilities by the end of next year.

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Government of Angola Lays Cornerstone for New Baía Farta University Campus – Katyavala Bwila University and ISCED Benguela

This week, the Government of Angola laid the cornerstone for the new Baía Farta University Campus – Katyavala Bwila University and ISCED – Benguela, marking an important milestone in the country’s investment in higher education infrastructure. The project is being delivered in partnership with Mitrelli

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Kenyan Electric Mobility Company Spiro Introduces Its Ekon 450 M1 V3 Model

Kenyan electric mobility company Spiro has launched its first 100 electric motorcycles in Ghana, introducing its Ekon 450 M1 V3 model and battery-swapping network to the West African market.

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Africa's Her Startup Launches Second Cohort for Women-Led Technology Startups

The Her Startup initiative, a partnership between the KSH Foundation, Tomorrow Foundation and EHA Impact Ventures, will select 10 early-stage women founders and help them build investment-ready tech businesses.

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Egyptian Fintech MNT-Halan Starts Trading on EGX After Strong IPO Response

Egyptian fintech company MNT-Halan has begun trading on the Egyptian Exchange (EGX) following a strong response to its initial public offering (IPO). Founded in 2018, MNT-Halan was created to digitally bank the unbanked and substitute cash with electronic solutions.

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Injini Launches Two-Year EdTech for Employment Programme to Support 10 South African Edtech Startups Tackling Youth Unemployment

South African ed-tech incubator Injini has launched a new two-year programme that will support 10 early-stage South African edtech startups building solutions that create or support employment pathways for young people.

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10 African Startups Named Semifinalists for $2M Milken-Motsepe Prize in Circular Economy, to Share $500K

Ten African startups have been named semifinalists for the Milken-Motsepe Prize in Circular Economy, and will share US$500,000 in unrestricted funding as they compete for the US$1 million grand prize.

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Disrupt Africa Partners With Kenya's Touch Inspiration to Launch Disrupt Launchpad for Non-Technical Founders

Disrupt Africa has partnered with Kenya-based digital product and technology company Touch Inspiration to launch Disrupt Launchpad, an app development accelerator that helps non-technical founders turn their ideas into working applications and bring them to market.

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