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

Kenafric Group's $10 Million Kenafric Ventures Opens to Founders and Co-Investors Across Africa

Kenafric Group, the Kenyan consumer goods manufacturer whose brands range from chewing gum to energy drinks, has launched a $10 million corporate venture fund to back early-stage African consumer businesses

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African Frontier Capital Secures $125M DFI-Backed Facility to Scale Clean Energy Across Africa

African Frontier Capital has secured backing from four development finance institutions for a securitisation warehouse facility that targets up to $125m in institutional capital for distributed renewable energy, electric mobility and productive-use equipment across sub-Saharan Africa

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Peter Obi: The Man Many Nigerians Hope Will Lead Them into a New Nigeria

For supporters of Peter Obi, his background in business and his record as a former state governor make him a compelling figure to lead conversations about economic reform.

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Host Your Course for Free: AfriWallStreet Now Open to Course Creators

AfriWallStreet invites educators, professionals, entrepreneurs and industry experts to host their online courses on its growing digital business ecosystem at no cost.

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Oando PLC Revenue Up 9% to N2.78 Trillion in 9 Months Ended Sept 2026

Oando PLC, Africa’s leading indigenous energy solutions provider listed on both the Nigerian Exchange and Johannesburg Stock Exchange, has published its unaudited results for the nine months ended 30 September 2026.

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Zenith Bank Profit Rises to N928.8 Billion in 9 Months 2026, Up 1.24% YoY

Zenith Bank Group reported pre-tax profit of N928.80 billion for the nine months ended September 2026, up 1.24% from N917.41 billion in the corresponding period of 2025.

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British Prime Minister Andy Burnham Says He is 'Open' to Formal Apology for Slavery

British Prime Minister Andy Burnham has said he is open to calls for a formal apology for Britain's historical role in slavery, ​before attending next week's Commonwealth summit at which he is likely ‌to face demands for financial reparations.

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Canadian Government Takes Equity Stake in Cohere in C$7B ($4.49B) Funding Led by Schwarz Group

The Canadian government is taking an equity stake in Cohere, joining a ​funding round led by Germany's Schwarz Group targeting C$7 billion ($4.49 ‌billion) for the Toronto-based AI lab, Cohere said on Thursday.

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Introducing LOOP Ride — The Homegrown Replacement for Uber Launches in Nigeria

Nigeria's ride-hailing space has a new challenger. LOOP Ride, a new mobility platform built as a direct replacement for Uber, has officially launched. The announcement was made today by the LOOP team

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Sterling Bank Commits ₦60 Million in Prizes for 2027 South East Mathematics & Science Olympiad

Sterling Bank has committed ₦60 million in prizes for the 2027 South East Mathematics & Science Olympiad, in a major boost for STEM education in Nigeria's South East region.

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AfricArise Launches Cape Venture Bridge to Prepare Western Cape Startups for International VC

Western Cape tech startups are invited to apply for the first cohort of the Cape Venture Bridge, a new programme run by AfricArise that aims to prepare them for international VC and market expansion.

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Investable.Africa Launches Platform with 4,000 Investors for African Startups

African startup funding platform Investable.Africa has launched in open beta, giving founders access to a database of more than 4,000 investing firms and investors free access to deal flow from all 54 African countries.

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