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

Jio Platforms IPO: Mukesh Ambani's Jio seeks $3.2 Billion in India's Biggest-Ever IPO

Jio Platforms, the digital arm of Indian billionaire Mukesh Ambani’s Reliance Industries, is seeking to raise as much as $3.2 billion in what could be India’s biggest initial public offering.

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Amazon's Bee Launches $75 Bee Frontier and $100 Eclipse — First AI Wearables Since Amazon Acquisition

Amazon’s personal AI wearable maker, Bee, is announcing its first new products since being acquired by the retail giant last year. The tech company on Thursday introduced the Bee Frontier, the next generation of its device

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While We Train for the Future, Are the Foundations in Place?

As the workplace changes, employers are placing greater emphasis on digital skills, artisan training and entrepreneurship. Those priorities matter, but they are easier to build on when employees already have the necessary foundational skills.

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Africa Energy Entrepreneurship Award

UK-based clean energy firm Octopus Energy has opened applications for the second edition of its Africa Energy Entrepreneurship Award, which offers grant funding, mentorship and support to early-stage startups expanding clean power access across the continent.

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Endeavor Catalyst Closes Its Oversubscribed Fund V at $320 Million

Endeavor Catalyst, the venture capital arm of global entrepreneur network Endeavor, has closed its oversubscribed Fund V at US$320 million, taking its total assets under management past US$850 million.

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Cascador and Sterling Bank Announce $200 Million SME Credit Backstop Fund

Cascador and Sterling Bank have announced a $200 million SME Credit Backstop Fund, an independent platform designed to expand access to growth capital for debt-ready Nigerian SMEs.

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Verdant Capital Opens New Office in Nairobi, Kenya to Expand East Africa Presence

Verdant Capital (www.Verdant-Cap.com) is pleased to announce the opening of its new office in Nairobi, Kenya, marking an important step in the continued expansion of the firm’s presence and capabilities across East Africa.

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Emmanuel Senya, The African Solo Founder Lowering the AI Barrier for SMEs

Emmanuel Senya is a Ghanaian technology entrepreneur and the founder of Hipliz Technologies, the company behind Hipliz AI. He began exploring technology in 2020, while in SHS.

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Formula 1 Will Return to Africa — Rwanda Secures Historic 10-Year Deal for African Grand Prix

Formula 1 is officially returning to Africa. In a landmark announcement today, F1 confirmed a 10-year agreement for Rwanda to host the African Grand Prix from the early 2030s, marking the sport's first race on the continent since 1993.

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Fire Pump Room: Specifications, Components, and Key Installation and Maintenance Requirements

A fire pump room refers to the space designated for the installation and operation of fire suppression pumps and related equipment, such as control panels, valves, and suction and discharge lines.

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Peter Obi: Nigerians Must Not Be Abandoned to Disaster Risks

We must acknowledge that millions of Nigerians confront not only natural hazards but also avoidable crises resulting from governance failures.

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The Empty Truck Problem: Why South Africa Needs to Make Every Kilometre Count

“An empty return journey is one of the biggest inefficiencies a transporter can face,” says Chante Venter, CEO of Wise Move South Africa. “The vehicle still has to get home or move on to its next job, and those kilometres still cost money.”

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