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AethexAI emerges from stealth with $3 million pre-Seed round to build voice AI for Africa and the Middle East
June 4, 2026
The company's core product is Kora 1, a proprietary model stack trained on real conversational speech with human-labelled data across…
Afreximbank’s equity investment arm FEDA appoints Emmanuel Assiak as CEO
June 3, 2026
Assiak is no stranger to the institution. He has been part of FEDA's story from the beginning, serving successively as…
Nigeria’s Lagos Angel Network backs Midddleman Technologies to build the AI-powered operating system for Africa-China trade
June 3, 2026
The deal brings not just capital but also strategic support and network access to a startup that has quietly racked…
EU-backed Challenger Digital & Green Accelerator awards €50,000 to these six African startups in debut cohort
June 2, 2026
The Challenger Digital & Green Accelerator was launched to support entrepreneurs from Eastern and Southern Africa tackling environmental and economic…
FASA commits $5 million to Catalyst Fund as pan-African climate VC reaches $30 million in capital commitments
June 2, 2026
FASA was established to channel catalytic capital into investment funds that support agricultural small and medium-sized enterprises across the continent.
Spiro raises $215 million to expand electric mobility and battery-swapping network across Africa
June 1, 2026
Spiro recently acquired India-based Coexlion, an international motorcycle engineering and design firm, in a move that will also see the…
South African FinTech Yoco acquires Dyner.ai to bring AI-powered operational tools to independent businesses
June 1, 2026
The transaction marks a significant step in the payments company's evolution into a broader commerce platform.
Meet the African startups that raised funding in May 2026; 9 of them are hiring right now
May 29, 2026
Below are the African startups that announced funding rounds or strategic investment backing in May 2026, and several of them…
Belmoney and DigiPay launch DigiTransfer to power France-Belgium remittances to Congo and the DRC
May 28, 2026
The app, available on both Android and iOS, allows users to send funds directly from their smartphones into mobile money…
Wasoko founder Daniel Yu launches Africa Jobs Fund to mobilise $100 million towards labour mobility and export manufacturing
May 28, 2026
The fund is co-founded by Daniel Yu, who previously built Wasoko into Africa's largest B2B e-commerce company, and Ben Hyman,…
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