In Everyone's Best Interest

Japanese PM Takaichi secures supermajority in the Lower House, winning at least 316 seats of 465, well above the 2/3 threshold (310 seats) needed

Fashion quick commerce startup ZILO has raised $15.3 million (Rs 140 crore) in a Series A funding round led by Peak XV Partners, which invested $8 million.

AI chipmaker Cerebras Systems announced that it raised $1 billion in fresh capital at a valuation of $23 billion — a nearly threefold increase from the $8.1 billion valuation the Nvidia rival had reached just six months earlier.

India is adjusting its startup rules, and mobilizing public capital, hoping to help more of them make it to commercial products.

Ghana’s Securities and Exchange Commission (SEC) has ordered local fund managers to scale back offshore investments as part of efforts to support the cedi and bolster macroeconomic stability.

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Google has opened applications for the 10th cohort of the Google for Startups Accelerator Africa, a flagship program designed to support AI-driven and machine-learning-powered startups.

Dangote Petroleum Refinery has announced plans to begin producing surfactants, key raw materials used in detergent manufacturing, marking a major step toward import substitution and local industrialisation.

South African fintech Lula, formerly Lulalend, has secured a R340 million (about $21 million) injection from Dutch development bank FMO, a move that strengthens its ability to lend

Accel is leading Sapiom’s $15 million seed round, with participation from Okta Ventures, Gradient Ventures, Array Ventures, Menlo Ventures, Anthropic, and Coinbase Ventures.

Brazil’s state-run oil major Petrobras is marking a strategic return to Africa with a 42.5% stake in an offshore oil exploration block off Namibia.

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