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

Graph AI Raises $13.3 Million Accelerate Product Development

AI powered patient safety startup Graph AI has raised $13.3 million in its Series A funding round led by Insight Partners, with participation from existing investor Bessemer Venture Partners.

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South African Female-Led VC Fund Grindstone Ventures Launches a New Fund

South African female-led VC fund Grindstone Ventures has launched a new ZAR500 million (US$31 million) fund to invest in high-growth, tech-enabled businesses from seed through Series A

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EV Nigeria Expo 2026 Moves to November 25-26 2026

The EV Nigeria Expo & Conference (EVN Expo), Nigeria’s premier platform for electric vehicles and clean mobility, has announced that its 2026 edition will now hold on 25 and 26 November 2026 at the Balmoral Convention Centre,

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Larry Ellison to Sell Up to 50 Million Oracle Shares in New Trading Plan

Oracle founder Larry Ellison has entered into a trading plan that would allow him to sell up to 50 million of his shares in the software company, or $7.5 billion worth of stock at the current price.

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US House to Take Up Sweeping Russia Sanctions Bill Next Week

The US House of Representatives will begin consideration next week of a sweeping Russia sanctions bill championed by the late Republican Senator Lindsey Graham, which has passed the Senate but faces stiff opposition from House Democrats.

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OpenAI Considers Slowing Cutting-Edge AI Development Amid Safety Concerns

OpenAI is considering slowing down the development of cutting-edge artificial intelligence, and the ChatGPT maker’s Chief Executive Officer Sam Altman is hoping other AI companies will do the same.

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Apply for Shine 2027

Apply for Shine 2027, which offers participants EUR50,000 (US$58,000) in grant funding, hands-on expertise, and a place in a global climate innovation network.

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How to Buy Dangote Refinery Shares

Dangote Petroleum Refinery & Petrochemicals FZE is set to open one of Nigeria’s biggest public equity offers, giving retail investors an opportunity to own shares in the 700,000-barrel-per-day refinery with a minimum investment of N5,250.

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Roblox is Making it Easier to Build Games with AI

At its annual Roblox Developer Conference (RDC), the company behind the popular gaming platform announced several new features, including new game-creation tools, expanded NPC (non-player character) capabilities

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Niteon Wins UN Sustainable Enterprise Accelerator Fund

Niteon confirmed it has been selected for a $400k in funding from the UNSEAF a result that founder and CEO Tony Nwose says validates a thesis he’s been building toward for years: that Africa’s trade infrastructure doesn’t need to be imported

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African Startups Invited to Apply for the Next Wave Fund

African startups are invited to apply for the Next Wave Fund, which supports early-stage tech startups and small businesses building bold new ideas across hardware, software, gaming, and connected technology.

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Algeria Breaks Diplomatic Relations With UAE - What We Know

Algeria on Thursday severed diplomatic relations with the United Arab Emirates after what it described as the “exhaustion of all means to preserve bilateral ties,” Algerian state media said.

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