Applications are open for the Cleantech Innovation Competition, an opportunity for university and TVET students in Kenya to develop and showcase innovative solutions to environmental challenges.
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Egyptian e-commerce operations platform Fincart has raised an oversubscribed US$2.8 million seed round of funding to further develop its AI platform, expand its team, strengthen strategic partnerships, and accelerate its expansion across the MENA and African markets.
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Ford’s next-generation electric truck will be called Fathom, and it will start at $28,350 when it goes on sale in 2027, the company said on Thursday.
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USIU-Africa offers a variety of scholarships, grants, and work-study opportunities to help students finance their education and achieve their academic goals.
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Mobility fintech company Moove has successfully raised $250 million in a Series C funding round, achieving a valuation of $2.1 billion and officially entering the coveted unicorn club.
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Egyptian actor Asser Yassin has added fashion to his growing list of creative ventures with the launch of ASH, a new contemporary menswear label co-founded alongside friends Islam Yassin and Seif Shimy.
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IHS Holding Limited shareholders have approved MTN Group’s proposed acquisition of the remaining shares in the tower infrastructure company, clearing a major milestone in the transaction.
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Robinhood Venture Fund II (RVII) is expected to become a publicly traded fund on August 13 at an opening price of $25 per share. The fund intends to raise as much as $200 million, Reuters reports, and use that money to invest in startups
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Yellow Card, the Africa-founded stablecoin infrastructure company, has closed a $40m strategic funding round backed by Standard Chartered’s venture arm and Sony’s innovation fund, capital it plans to use to extend its dollar-denominated business accounts
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Payments infrastructure company Moment has raised $22m in Series A funding, capital it will use to scale its collection and billing platform for enterprise merchants across Africa. The round was led by AlphaCode Venture Partners
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Walmart announced on Tuesday that it has completed its acquisition of self-service streaming TV advertising platform Vibe.co. The acquisition, which was announced in June, brings Vibe.co into Walmart Connect, the retailer’s connected TV advertising platform.
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Hackers are in the midst of a massive theft of cryptocurrency from supposedly secure offline hardware wallets, according to blockchain security firms monitoring the heists.
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