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

Global Markets This Week: Stocks, Crypto & Startup Funding

Stocks cautious before Nvidia/Jackson Hole, Crypto consolidating after monster rally, Startup money flowing to AI infrastructure in space and on Earth.

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African Business News This Week — Aug 25-29, 2026

Nigeria's Dangote refinery is driving a 7x rise in Nigeria's petroleum product exports. Intra-Nigerian shipments jumped to 211,000 bpd in Q2 2026 vs 81,000 bpd in 2025, and exports to Europe hit 130,000 bpd.

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8 Important Steps International Students Must Take Before Moving to Canada

Canada has highlighted eight important steps prospective international students should take before moving to the country for their studies.

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Canada to Increase Proof of Funds for International Students from September 1, 2026

Canada will increase the amount of money international students must show for living expenses when applying for a study permit from September 1, 2026.

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Nigerian Agri-Tech Startup UfarmX Facilitates Over $6.8 Million in Agricultural Commerce

Nigerian agri-tech startup UfarmX, which leverages blockchain technology to empower rural, unbanked and underserved smallholder farmers, has facilitated over US$6.8 million in agricultural commerce across Nigeria, Senegal, and Liberia

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Shell LiveWire Enterprise Development Programme

Shell Downstream South Africa (SDSA) today announced that applications are open for the 2026 intake of the Shell LiveWire Enterprise Development Programme

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US Treasury Sanctions UAE Branch of Egyptian Bank Over Iran Ties

The US Treasury Department on Friday moved to sanction the United Arab Emirates branch of an Egyptian bank over its financial ties to Iran.

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Opay is Evaluating a Potential Listing on the Nigerian Exchange (NGX)

OPay, the digital payments group processing hundreds of billions of dollars annually, is evaluating a potential listing on the Nigerian Exchange (NGX),

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Swedfund Invests $20 Million in AfricaGoGreen Fund to Accelerate Climate Action in Africa

Swedfund, Sweden’s development finance institution (DFI), is providing a $20 million loan to the AfricaGoGreen Fund, a move aimed at increasing debt financing for businesses focused on reducing emissions and improving energy efficienc

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Venture Platform Completes the Final Close of Its Second Pan-African Fund at $84 Million

Ventures Platform, one of West Africa’s most active early-stage venture capital firms, has completed the final close of its second pan-African fund at $84m, surpassing its initial target of $75m

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President Donald Trump Announces the Creation of a “Space Academy”

President Donald Trump on Friday announced the creation of a “Space Academy” to train future civilian and military recruits for an arena where the United States faces rivalry with China.

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Andreessen Horowitz Launches a New “Machine Age” Fund With $1.1 billion Raised

Andreessen Horowitz has launched a new “Machine Age” fund with $1.1 billion raised. The firm’s aim with the new fund is to “open the throttle and accelerate the physical buildout of AI.”

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