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

Goldman Sachs Creates Alternative Investments Platform

Goldman Sachs has created a new platform to expand its offerings for wealthy clients and family offices who increasingly want direct stakes in fast-growing private companies

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Jio Platforms Set the Stage for One of India's Largest IPO

Jio Platforms, the digital arm of Mukesh Ambani-led Reliance Industries, filed its Draft Red Herring Prospectus (DRHP) with SEBI

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Physical AI Startup Prometheus to Build an ‘Artificial General Engineer’

Prometheus, the physical AI startup co-founded by Jeff Bezos and Vik Bajaj, the former co-founder of Verily, Google’s life sciences unit, announced it raised $12 billion

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Collide Capital Announces the Close of a $95 Million Fund II

Collide Capital, founded by Brian Hollins and Aaron Samuels, announced Thursday the close of a $95 million Fund II. The firm, founded in 2021, backs early-stage companies in fintech, supply chain, and the future of work.

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JPMorgan Chase is the New Issuer of the Apple Card

Apple announced Wednesday that JPMorgan Chase is the new issuer of the Apple Card, replacing Goldman Sachs. Apple said the transition will likely take up to 24 months

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Wall Street Whispering About a Potential Discord IPO

Discord’s IPO could be one of the biggest of the year. Discord was last valued at $14.7 billion in a 2021 funding round in which it raised $500 million.

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