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.

The Africa PachiPanda Challenge

Applications are open for the Africa PachiPanda Challenge, a joint effort by MTN and WWF to inspire and support innovative solutions addressing pressing environmental challenges across the continent.


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Egypt’s 3C Coding School Closes a $3 Million Seed Funding Round

Egypt’s 3C Coding School, a platform specialising in coding, technology, and artificial intelligence education for children and youth, has closed a US$3 million seed funding round to fuel regional expansion

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Ghanaian Startup Seevcash Secures Funding Through the Stellar Community Fund

Ghanaian startup Seevcash, a remittance and peer-to-peer money transfer platform serving African diaspora communities across Ghana, the US and beyond, has raised US$333,000 in funding through the Stellar Community Fund (SCF)

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Backed by Mbappé, French Insurer Alan Buys Senegal's Tanel to Enter Africa

The French digital health insurer Alan, whose backers include football star Kylian Mbappé and technology investor Prosus, has acquired Senegalese digital health coverage provider Tanel, marking the company’s first expansion into Africa

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Askya Investment Partners Launches Askya AI Growth Platform

Askya Investment Partners, an African venture capital firm, has announced the launch of the Askya AI Growth Platform, a pan-African programme to scale artificial intelligence startups into enduring, continental-scale enterprises.

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DIV Fund Programme is Open to Innovation Across Multiple Sectors

The DIV Fund programme is open to innovations across multiple sectors, including health, agriculture, education, climate, and livelihoods. This flexibility allows a wide range of solutions addressing social and economic challenges to qualify.

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Mamor Capital Ventures to Begin Investing in South African Technology Businesses

Mamor Capital Ventures has secured a R300 million first close for its inaugural fund, giving the black women-owned venture capital (VC) firm capital to begin investing in post-revenue South African technology businesses

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Minapharm Group Secures $16.5 Million to Advance the Development of a Bundibugyo Ebolavirus Vaccine Candidate

Minapharm Group, headquartered in Egypt with subsidiaries in Berlin, will receive up to US$16.5 million from the Coalition for Epidemic Preparedness Innovations (CEPI) to advance the development of a Bundibugyo ebolavirus vaccine candidate

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Shell LiveWire Enterprise Development Programme

Shell Downstream South Africa (SDSA) today announced that applications are open for the 2026 intake of the Shell LiveWire Enterprise Development Programme

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Swedfund Invests $20 Million in AfricaGoGreen Fund to Accelerate Climate Action in Africa

Swedfund, Sweden’s development finance institution (DFI), is providing a $20 million loan to the AfricaGoGreen Fund, a move aimed at increasing debt financing for businesses focused on reducing emissions and improving energy efficienc

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Venture Platform Completes the Final Close of Its Second Pan-African Fund at $84 Million

Ventures Platform, one of West Africa’s most active early-stage venture capital firms, has completed the final close of its second pan-African fund at $84m, surpassing its initial target of $75m

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Kenyan Startup Flowt Raises Pre-Seed Round of Funding

Kenyan startup Flowt, an AI-driven financial intelligence platform that makes Africa’s climate-smart businesses investable, has closed an undisclosed pre-seed round of funding.

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