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

Ferns N Petals (FNP) Planning to Go Public by the End of 2028

Ferns N Petals (FNP), an omni-channel gifting and floral retail company, is planning to go public by the end of 2028 as it looks to accelerate its expansion plans and pursue acquisitions, according to Reuters.

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Taiwan Removes Cambodia from Two Visa Facilitation Programs

Taiwan will remove Cambodia from two visa facilitation programs on Aug. 1, while extending eased entry arrangements for Thailand, India and several other Southeast and South Asian countries,

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India Clears a $1.1 Billion State-Backed Venture Capital Program

India has cleared a $1.1 billion state-backed venture capital program that will channel government money into startups through private investors

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India Adjusts Its Startup Rules for Deep Tech Startups

India is adjusting its startup rules, and mobilizing public capital, hoping to help more of them make it to commercial products.

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U.S. and India Reach a Trade Deal

The U.S. and India have reached a trade deal and will immediately move to lower tariffs on each other’s goods, President Donald Trump announced.

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Peter Obi: Concerning Issues as India Surpasses Japan: A Stark Reminder of Nigeria’s Decline

India has become the fourth-largest economy in the world, in terms of nominal GDP, surpassing Japan. According to IMF estimates for 2025, India’s GDP is projected to be about $4.187 trillion, while Japan’s GDP is approximately $4.186 trillion.

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