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

U.S. Embassy in Abuja Will Continue to Process Diplomatic and Official Visas

The U.S. Embassy in Abuja will continue to process diplomatic and official visas for eligible applicants, including A, G and C visa categories.

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Central Bank of Nigeria to Sell T-Bills September 3 2026

The Central Bank of Nigeria (CBN), on behalf of the Debt Management Office (DMO), will offer N700 billion across the 91-day, 182-day and 364-day Treasury Bills tenors at its first Nigerian Treasury Bills (NTB) auction for September 2026.

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DIV Fund Programme is Open to Innovation Across Multiple Sectors

The DIV Fund programme is open to innovations across multiple sectors, including health, agriculture, education, climate, and livelihoods. This flexibility allows a wide range of solutions addressing social and economic challenges to qualify.

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Deep-Tech Aerospace Startup Alteon Bags $2.5 Million Pre-Seed Funding Round

Deep-tech aerospace startup Alteon has raised $2.5 million in a pre-seed funding round led by Lachy Groom, with participation from Together Fund.

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upGrad Acquires Unacademy

Unacademy, once one of India’s most valuable edtech startups, has been acquired by rival upGrad at a valuation of just over $200 million, about 94% less than its 2021 peak valuation.

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Duane “Keffe D” Davis Found Guilty of the Murder of  Tupac Shakur

Former South Side Compton Crips leader, Duane “Keffe D” Davis, has been found guilty of the murder of legendary rapper Tupac Shakur, nearly three decades after the hip-hop icon was killed in a drive-by shooting in Las Vegas.

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UK Government Launches the First Procurement Competitions

UK Government today launches the first procurement competitions under its £100 million Sovereign AI R&D Procurement Scheme.

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Lionel Messi Retires from International Football

Lionel Messi retired from international football on Monday, ending a career with Argentina that ran more than two decades and produced 124 goals in 203 games.

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Emzor Pharmaceutical Industries Raises a $19.8 Million Bond

Stella Okoli's Emzor Pharmaceutical Industries has raised a N26.7 billion ($19.8 million) bond at a 19 percent coupon to complete an antimalarial active pharmaceutical ingredient plant that has now missed two announced start dates.

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Mamor Capital Ventures to Begin Investing in South African Technology Businesses

Mamor Capital Ventures has secured a R300 million first close for its inaugural fund, giving the black women-owned venture capital (VC) firm capital to begin investing in post-revenue South African technology businesses

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Minapharm Group Secures $16.5 Million to Advance the Development of a Bundibugyo Ebolavirus Vaccine Candidate

Minapharm Group, headquartered in Egypt with subsidiaries in Berlin, will receive up to US$16.5 million from the Coalition for Epidemic Preparedness Innovations (CEPI) to advance the development of a Bundibugyo ebolavirus vaccine candidate

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OpenAI to End Access to Its Models on Cursor After SpaceX Acquisition

OpenAI announced late Friday that it is ending developers’ access to its models on Cursor, following the acquisition of the AI coding startup by Elon Musk’s SpaceX earlier this month.

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