News
Mastercard Study: 83% of Nigerian Women Embrace Entrepreneurship, Outpacing Regional Trends
A new Mastercard study, Empowerment for All, has revealed that Nigerian women are embracing entrepreneurship at an exceptional rate, with 83% identifying as ...
Fintech
Grain Secures $50M to Advance AI-Driven FX Optimisation and Hedging Platform
Grain, a fintech startup leveraging artificial intelligence to optimise foreign exchange (FX) transactions and hedging, has raised over $50 million to scale its ...
Africa
LoftyInc Capital Secures $43M to Propel Growth of African Startups Beyond Early-Stage Funding
LoftyInc Capital, a leading early-stage investor in Africa, has successfully raised $43 million in the first close of its third fund, LoftyInc Alpha. ...
Global
Lloyds Banking Group Opens Applications for ‘Launch Innovation’ Programme
Lloyds Banking Group has announced the opening of applications for its 2024 ‘Launch Innovation’ programme, aimed at discovering new business partnerships and fostering ...
Ghana
Ghanaian Startups Brace for Higher Costs as AWS Introduces 21% Tax
Amazon Web Services (AWS) will impose a 21% tax on cloud services in Ghana starting March 1, 2025, significantly raising operational costs for ...
Africa
EqualyzAI Unveils AI Solutions to Bridge Language Gaps and Foster Inclusion in Africa
EqualyzAI, an innovative artificial intelligence startup, has launched a suite of AI-powered solutions designed to enhance accessibility for native African language speakers. With ...
Innovation
Microsoft Expands African Footprint with $1M AI Training Initiative in Nigeria
Microsoft has unveiled a $1 million initiative aimed at training one million Nigerians in artificial intelligence (AI) and digital skills over the next ...
Fintech
Global: CommBank’s x15Ventures Invests in Xccelerate Winner Gable
CommBank’s venture scaling arm, x15Ventures, has made a strategic investment in Gable, a Seattle-based data management startup that emerged victorious in the latest ...
Egypt
Egypt Expands Orange Corners Program to Boost Startups in Seven Governorates
Egypt’s Minister of Planning, Economic Development, and International Cooperation, Rania Al-Mashat, has announced the expansion of the Orange Corners program, extending its support ...
Africa
African Startups Secure $289M in January 2025, Signaling Strong Investor Confidence
The African startup ecosystem kicked off 2025 on a high note, with 40 startups raising a total of $289 million in deals worth ...