News

British Prime Minister Andy Burnham has said he is open to calls for a formal apology for Britain's historical role in slavery, ​before attending next week's Commonwealth summit at which he is likely ‌to face demands for financial reparations.

The Canadian government is taking an equity stake in Cohere, joining a ​funding round led by Germany's Schwarz Group targeting C$7 billion ($4.49 ‌billion) for the Toronto-based AI lab, Cohere said on Thursday.

Nigeria's ride-hailing space has a new challenger. LOOP Ride, a new mobility platform built as a direct replacement for Uber, has officially launched. The announcement was made today by the LOOP team

Sterling Bank has committed ₦60 million in prizes for the 2027 South East Mathematics & Science Olympiad, in a major boost for STEM education in Nigeria's South East region.

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.

African startup funding platform Investable.Africa has launched in open beta, giving founders access to a database of more than 4,000 investing firms and investors free access to deal flow from all 54 African countries.

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.

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

Skincare brand CHOSEN has raised an extension of its Series A round from Avnish Chhabria and Saurabh Kapoor, founders of Wellbeing Nutrition.

Seplat Energy Plc has repaid the final $100 million balance of the debt it incurred to acquire ExxonMobil’s Nigerian oil and gas assets, bringing all acquisition-related borrowing for the transaction to an end.

Fidelity Bank Plc has successfully redeemed its 5-Year US$400 million Senior Unsecured Notes at maturity, reaffirming its commitment to meeting its obligations to investors and reinforcing its track record in the international debt capital markets.

The United Kingdom has announced an increase in the financial requirements for international students applying for study visas, with applicants studying in London expected to demonstrate access to at least £14,130 in living expenses from November 30, 2026.