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

Global Markets This Week: Stocks, Crypto & Startup Funding — July 21-25, 2026

It was a week of divergence. Oil surged past $100, AI spending fears rattled Big Tech, crypto held surprisingly firm, and defense tech became the hottest trade in venture.

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Anthropic Files Confidentially for an Initial Public Offering

Anthropic, the AI lab behind Claude, has filed confidentially for an initial public offering, the company said in a blog post Monday.

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Nvidia's Corporate VC Fund Backs Legora

Nvidia has laid a new brick in its AI empire. NVentures, its corporate VC fund, has backed Legora, reportedly its first legal AI investment.

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Anthropic Purchases Biotech AI Startup Coefficient Bio

Anthropic has purchased the stealth biotech AI startup Coefficient Bio in a $400 million stock deal, according to The Information and Eric Newcomer. Sources close to the deal confirmed

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OpenAI CEO Sam Altman Announces Deal With US Department of Defense

OpenAI CEO Sam Altman posted on X Friday night that the company had struck a deal with the Department of Defense to deploy its models on the department’s classified networks.

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Accel is Leading Sapiom’s $15 Million Seed Round

Accel is leading Sapiom’s $15 million seed round, with participation from Okta Ventures, Gradient Ventures, Array Ventures, Menlo Ventures, Anthropic, and Coinbase Ventures.

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