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

Egypt's Nclude Closes $112 Million Fund for Fintech in Africa, MENA

Egyptian fintech-focused venture capital (VC) fund Nclude has reached a final close of more than US$112 million, as it prepares for its next phase of investment across Africa and the Middle East.

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Ferrari's First EV, the Luce, Is Already Sold Out for 2027

The Luce, Ferrari’s First Electric Car and One of Its Most Polarizing Models, Isn’t Just Selling. It’s Selling Out. Ferrari confirms its first electric car, the $615K Luce, is fully allocated for 2027. All ∼500 units for next year already have buyers.

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Yvonne Bajela Closes $17 Million Evertrue Fund for AI and Fintech

Yvonne Bajela's Evertrue Capital closes oversubscribed $17M Fund I to back 20+ early-stage AI and fintech startups across the UK and Europe with £350k checks.

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Afreximbank Hosts FocusSEZ 2026 in Benin to Boost Local Processing in SEZs

Afreximbank, SIPI-BENIN and Panafritex hosted FocusSEZ 2026 in Cotonou to connect investors and industrialists with opportunities for local processing at the Glo-Djigbé Industrial Zone (GDIZ).

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Rise of Fearless Secures $1 Million Funding from Epic Edges to Scale African Gaming

Rise of Fearless, the African-owned battle royale mobile game inspired by African history and culture, has secured US$1 million in funding from advisory firm Epic Edges Capital.

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Who Issues Betting Licences in Ghana?

Sports betting and casino gaming in Ghana fall under the Gaming Act, 2006 (Act 721), which set up the Gaming Commission of Ghana as the regulator. The Commission licenses and supervises operators of sports betting, casinos and other gaming activities, including online operations.

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ESWASA and AICE Africa Launch AI Safety and Standards Center of Excellence in Eswatini

The Eswatini Standards Authority (ESWASA) and AICE Africa (www.AICEAfrica.com) today announced the launch of an AI Safety and Standards Center of Excellence in Eswatini.

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Register Now for the TechCrunch Founder Summit

Six days from now, TechCrunch Founder Summit, presented by Fidelity Private Shares, brings experienced founders, investors, and operators to Boston to share the decisions, mistakes, pivots, and lessons that shaped their companies.

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Kenafric Group's $10 Million Kenafric Ventures Opens to Founders and Co-Investors Across Africa

Kenafric Group, the Kenyan consumer goods manufacturer whose brands range from chewing gum to energy drinks, has launched a $10 million corporate venture fund to back early-stage African consumer businesses

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African Frontier Capital Secures $125M DFI-Backed Facility to Scale Clean Energy Across Africa

African Frontier Capital has secured backing from four development finance institutions for a securitisation warehouse facility that targets up to $125m in institutional capital for distributed renewable energy, electric mobility and productive-use equipment across sub-Saharan Africa

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Peter Obi: The Man Many Nigerians Hope Will Lead Them into a New Nigeria

For supporters of Peter Obi, his background in business and his record as a former state governor make him a compelling figure to lead conversations about economic reform.

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Host Your Course for Free: AfriWallStreet Now Open to Course Creators

AfriWallStreet invites educators, professionals, entrepreneurs and industry experts to host their online courses on its growing digital business ecosystem at no cost.

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