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

How Pitchwise Is Helping African Founders Share Data With Investors

Pitchwise is a document-sharing and virtual data room platform that enables African founders, dealmakers, and teams to share pitch decks, data rooms, and other sensitive documents through a single link.

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Recursive Superintelligence Announces a $410 Million Compute Deal with Amazon Web Services

On Tuesday, the AI company Recursive Superintelligence announced a $410 million compute deal with Amazon Web Services. The company, which emerged from stealth in May with $650 million in funding

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Prince Al Waleed bin Talal Al Saud Purchases a 5% Stake in Lucid Motors

Prince Al Waleed bin Talal Al Saud, a member of the Saudi royal family, has purchased a 5% stake in Lucid Motors, increasing the Kingdom’s overall ownership of the electric vehicle company.

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FIFA Plans to Sell Stakes in the World Cup to Private Investors

FIFA confirm highly controversial plans to form FIFA Forward Enterprise (FFE), a new body that would oversee commercial rights and operational delivery. It requires private stakeholders and funding. UEFA are strongly opposed, viewing it as FIFA President Gianni Infantino selling stakes in the game.

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Paystack Launches Small Business Launchpad

Paystack, one of Africa’s leading payments technology companies, has launched Small Business Launchpad, a four-week growth programme for active Paystack merchants running small and medium-sized businesses in Nigeria.

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Meet International Air Transport Association (IATA) First Female Director General

The International Air Transport Association (IATA) has appointed Saadia Zahidi as its first female Director General, marking the first time a woman will lead the global airline industry’s largest trade body.

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African Founders Invited to Apply for ASIF Ignite Africa Programme

Organised by BFA Global, ASIF Ignite Africa is designed for founders building climate adaptation or resilience solutions for vulnerable communities with a prototype who need to put it in front of real users and come out the other side with credible proof points.

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AfriWallStreet Backs Peter Obi's Plan to Transform Nigeria's Economy from Consumption to Production

AfriWallStreet will continue to use its platform to champion production, advocate for pro-MSME policies, and showcase proof that Nigeria can indeed move from consumption to production

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Every Thriving Economy is Built on Production, Innovation, and Enterprise

AfriWallStreet believes that Nigeria's youthful population presents a significant opportunity to become a leading manufacturing, technology, and innovation hub in Africa if supported with the right policies and business environment.

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Peter Obi Outlines Plan to Transform Nigeria from Consumption to Production Economy

The Presidential candidate of the Nigeria Democratic Congress (NDC), Peter Obi, has outlined plans to transform Nigeria from what he described as a consumption-based economy to a production-driven one if elected president.

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Tech Giants Launch an AI Safety Initiative Focused on Open Models

Nvidia and a host of tech giants on Monday launched a new artificial intelligence safety initiative focused on open models, as the fallout from a cyberattack committed by rogue OpenAI models continues

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Blackstone to Open Office in Kuwait

Blackstone, the world’s largest alternative asset manager, announced on Monday plans to open an office in Kuwait through the Kuwait Direct Investment Promotion Authority (KDIPA), further strengthening its presence in the GCC.

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