In Everyone's Best Interest

Impact venture capital firm 3IF Ventures has reached a $12m first close on its Inclusive Insurance Investment Fund, a vehicle built exclusively to back insurance-technology startups across Africa

The Development Bank of Southern Africa (DBSA) has led a R50m ($2.6m) funding round for Stellenbosch-based Zimi, which provides electric vehicles, charging infrastructure and energy management systems

Yamify, a developer-first AI platform that lets freelancers and web agencies spin up AI stacks in under a minute, has secured funding from Launch Africa Ventures as part of its pre-seed round.

A former OpenAI researcher is now chief AI scientist for Tencent in China, and wants to build artificial general intelligence. It’s a sign of a shift in the U.S.-China tech race.

South African open-source intelligence company VoxCroft Analytics has been acquired by the US-based Redpoint Advisors.

Hoffman said on a recent episode of his “Possible” podcast, while talking with Microsoft CEO Satya Nadella, that he’s ready to go “founder mode” with his latest AI startup, Manus.

President Donald Trump said on Friday that he’s spoken to AI companies about striking deals “where the American people can benefit from the success of AI.”

AfriWallStreet's strength lies in bringing together professional networking, business growth, education, media support, events, and commerce into one community

Hybrid Motors Nigeria has secured approximately $95 million in investment commitments to establish electric vehicle (EV) manufacturing plants and a nationwide charging infrastructure network

South African VC firm Aions Ventures has launched Aions Seed Fund I, a ZAR100 million (US$6.1 million) seed fund to back local early-stage tech startups

Innefu's deployments include several national scale AI intelligence fusion centres including national terrorism data fusion centre, operational intelligence fusion centre

Now, in a sign of the times, Founders Fund, the venture capital firm co-founded by Peter Thiel, has launched its own game show.