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

Apply for the Milken-Motsepe Prize

The Milken-Motsepe Prize is aimed at companies in Africa revolutionising using different technologies to revolutionise the circular economy on the continent.

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Stellantis Opens Ordering for Its Small Fiat Topolino Electric Vehicle

Chrysler parent Stellantis on Tuesday said it has opened ordering for its small Fiat Topolino electric vehicle in the U.S., starting at $13,995.

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US Says “Iran Will Only Reap Benefits If They Exhibit Good Behavior”

Iran promised safe passage to commercial ships through Hormuz under the interim deal reached with the U.S. last month, but Tehran has insisted that vessels must use a northern route under its control

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US Revokes Iranian Oil Sanctions Waivers

The United States has revoked a sanctions waiver that authorized the sale of Iranian oil because of its repeated attacks on tankers in the Strait of Hormuz

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AI Law Startup Norm Hits Unicorn Valuation

AI law startup Norm on Tuesday said it has raised $120 million in a Series C funding round led by Khosla Ventures, valuing the almost three-year-old startup at $1.2 billion

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Chemistry Ventures is Raising $500 Million for Its Second Fund

Chemistry Ventures, the VC firm launched two years ago by Bessemer, Index Ventures, and Andreessen Horowitz alums, is raising $500 million for its second fund, according to an SEC filing.

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Kenyan Startups Fuzu and Kyosk Secure Funding from the Jobtech Alliance

Kenyan startups Fuzu and Kyosk are the latest to secure an undisclosed amount of funding from the Jobtech Alliance.

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AI-Generated Actor Tilly Norwood is Set to Make Her Big-Screen Debut

AI-generated actor Tilly Norwood is set to make her big-screen debut, starring in the film "Misaligned" from the studio that created the polarizing digital thespian.

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Private Equity Firm Castlelake to Acquire EasyJet

EasyJet has agreed to be acquired by U.S. private equity firm Castlelake in a deal that values the U.K. budget airline at £5 billion ($6.7 billion).

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Donald Trump Rings Opening Bell to Mark First Day of Trading for Trump Accounts

President Donald Trump rang the opening bell for Nasdaq and the New York Stock Exchange from the Oval Office on Monday to mark the first day of trading.

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Even Realities Raises $150 Million in Pre-Series B Round

Even Realities has raised $150 million in a pre-Series B round led by Meituan and previous backer Tencent; the round valued the startup at $1 billion

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Applications are Open for the McCall MacBain Scholarships 2027

If you’re planning to pursue a Master’s or eligible professional degree in Canada, this is one of the most prestigious fully funded leadership scholarships available to international students.

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