Founder Institute, the world’s largest AI-native company builder, has opened applications for its Egypt Fall 2026 cohort. Founder Institute is the world’s most proven network for turning ideas into fundable startups, and startups into global businesses. Since 2009, the structured accelerator program
Egypt’s Exits MENA, the region’s first investment platform and advisory firm focusing on startups and SMEs, has announced the signing of a multi-seven-figure transaction to acquire Avanz Capital Egypt (ACE), a private equity and asset management firm. Founded in 2022 by Mohamed Abuelnaga Nagaty, Aym
South African startup Jem HR, a WhatsApp-based HR and employee benefits platform used by over 200 companies and 250,000 frontline workers, has raised a US$8.4 million Series A funding round to support its expansion into a workforce management platform. Founded in 2019 as SmartWage, and rebranded in
Powered by People, a commerce technology company with deep roots in Africa, has raised new funding led by the BESTSELLER Foundation as it seeks to build infrastructure that could help independent brands compete in an increasingly AI-driven global marketplace. The financing was led by the BESTSELLER
Mercedes-Benz marked 140 years of automotive innovation in Kenya with the launch of its latest S-Class and a celebration of the brand’s global anniversary at Muthaiga Golf & Country Club in Nairobi. CFAO Mobility Kenya hosted the event, which brought together German Ambassador to Kenya Sebastian Gro
In today's edition: Absa eyes Nigerian entry || Terra Industries taps former SpaceX executive || DStv adds sports channel || WhatsApp Business is no longer free in SA
Nigeria has spent nearly two decades embedding entrepreneurship education in higher education. But with 85% of surveyed institutions supporting it for at least six years, the question is whether that investment is producing economic outcomes.
Over the past five years, startups across logistics, e-commerce, agriculture, fintech, food delivery, clean energy, AI, and auto manufacturing have shut down, entered administration, or abandoned their core businesses.
In today's edition: Quizzes || Uber, Bolt aren’t banned from Nigerian airports—yet || Comsol is building a wholesale 5G network for SA || Who secured the bag? 💰
Founder Institute, the world’s largest AI-native company builder, has opened applications for its Egypt Fall 2026 cohort. Founder Institute is the world’s most proven network for turning ideas into fundable startups, and startups into global businesses. Since 2009, the structured accelerator program
South African startup Jem HR, a WhatsApp-based HR and employee benefits platform used by over 200 companies and 250,000 frontline workers, has raised a US$8.4 million Series A funding round to support its expansion into a workforce management platform. Founded in 2019 as SmartWage, and rebranded in
Terra Industries, a Nigerian defense-tech startup has raised an additional $18 million, bringing its seed financing to $52 million, in a move that will see it open a London office and scale Ghana factory toward 50,000 systems a year. The latest funding includes existing investors 8VC, Silent Venture
KCB Bank, Kenya’s biggest bank by assets plans five-year programme to channel capital into renewable energy, climate resilience, affordable housing and businesses KCB Group plans to establish a Medium-Term Note Programme of up to $2.3 billion over five years as the bank seeks to channel more capital
Meta, in partnership with the Federal Ministry of Communications, Innovation & Digital Economy (FMCIDE), through its 3 Million Technical Talent (3MTT) programme and National Centre for Artificial Intelligence and Robotics (NCAIR), alongside Robotics and Artificial Intelligence Nigeria (RAIN) announc
Terra Industries has closed its seed round at $52 million after raising an additional $18 million, making it the most-funded defence technology startup ever to emerge from Africa. The company is opening its first international office in London and pushing forward with what is shaping up to be one of
There are roughly 2.3 billion deskless workers in the global economy, and most of the world’s HR software was not built for any of them. South African startup Jem is trying to fix that and on Monday, it announced the capital to do it at scale. Jem HR has raised $8.4 million in a Series […]
