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

Data Enrichment for Growing Businesses: What It Fixes, and Why It Isn't a One-Time Job

A study of more than 600 CRM users, cited in Spona's guide to what data enrichment is, found that 76% of organisations believe less than half of their customer data is accurate and complete.

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Fervo Energy Starts Selling Power From Cape Station Geothermal Plant Ahead of Schedule

Geothermal company Fervo Energy announced Thursday morning that it had started selling electricity from its Cape Station power plant to the grid on September 30, one day ahead of schedule.

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Satlyt Raises $8 Million to Run AI on Satellites

The Kenyan American engineer previously worked in Google’s cloud computing business before a brief stint at SpaceX’s Starlink communications network in 2024. His experiences convinced him that there was untapped potential for computers in space.

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Nigerian Researcher Chika Onochie Wins CAD $100,000 Grant For Male Fertility Research In Canada

A Nigerian pharmacist and doctoral researcher at McGill University, Chika Onochie, has won a major research award worth up to CAD $100,000 from Québec's Fonds de recherche du Québec (FRQ) for his research work on new biomarkers to assess male fertility in Canada.

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US to Increase Fees for Several Immigration Applications from October 16 2026

The United States Citizenship and Immigration Services (USCIS) will increase fees for several immigration applications from October 16, 2026, affecting asylum applicants, employment authorization requests, etc

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Investing in Innovation Africa Announces Four Strategic Partnerships

Investing in Innovation Africa (i3), a pan-African initiative designed to help African health-tech startups scale and commercialise their offerings, announced four strategic partnerships between leading African health-tech innovators and global, regional, and private sector partners

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Latitude59 Kenya Edition: Early-Stage African Startups Invited to Pitch for Non-Equity Funding in Nairobi

Early-stage startups from Kenya and across Africa are invited to compete for non-equity funding, partner prizes, and the opportunity to pitch on the main stage of Latitude59 Kenya Edition in Nairobi this December.

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South Africa's Mission Mobile Secures R500 Million ($30.1 Million) Funding from DN Invest to Expand MNO Partnerships

South African mobile technology company Mission Mobile will receive up to ZAR500 million (US$30.1 million) in funding from investment holding company DN Invest (DNI) to help mobile network operators (MNOs) expand their customer base.

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US-Ukraine Reconstruction Fund Seals First Critical Minerals Deal in $70 Million Project Package

The joint US-Ukrainian reconstruction investment fund has sealed its first critical minerals deal alongside four other new projects, one of its top US officials told Reuters.

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Indian Luxury Watch Brand Bangalore Watch Company Secures $1.4 Million Seed Round

Indian luxury watch brand Bangalore Watch Company (BWC) has raised $1.4 million in a seed round from a group of its customers, including family office principals and high-net-worth individuals from India and overseas.

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Escaping Granny's Grasp: A Guide to Surviving the Most Unwelcoming Host

There are games that invite you into fantastical worlds, showering you with epic quests and heroic triumphs. And then there are games that lock you in a dusty, creaking house with a mallet-wielding, septuagenarian terror. Granny falls firmly into the latter category,

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The Reconciliation Trap: Why Kenyan Businesses Are Failing Tax Validation in 2026

There's a quiet disaster unfolding across Kenyan finance departments right now. It started on 1st January 2026, when KRA quietly switched on a validation system that cross-checks every income tax return against three data sources: TIMS/eTIMS invoices, withholding tax records, and customs import data.

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