Global
South Africa Business Confidence Rises in July Amid Inflation Worry
A monthly survey shows South African business sentiment improved in July, but persistent inflation is tempering the recovery in confidence.
Business
US Coast Guard Ends 12-Year Security Ban on Nigerian Vessels
Four US Coast Guard assessments between March 2024 and April 2026 confirmed sufficient progress in Nigeria's port security to lift the Condition of Entry imposed in June 2014.
Global
Geregu's $4.4M Bond Default Exposes Nigerian Power Sector Fragility
Geregu Power defaulted on a $4.4 million bond payment despite holding $23 million in deposits, while the AfDB bets $15 million on North African private equity and a WEF voice warns 92 million jobs vanish by 2030.
Politics
Oluremi Tinubu Launches South-West Food Bank in Ogun State
Nigeria's First Lady led governors and their wives to Ogun State for the South-West zonal launch of the National Community Food Bank Programme, targeting food-insecure and indigent residents.
Global
Book Tackles Africa's Tech Internship Gap
A new guide called 'Breaking into Tech' examines how internships are becoming a critical pipeline for Africa's next wave of technology professionals.
Most read
The Brief
Funding
EliseAI in talks to raise at $3.7B valuation
The AI-powered property management startup is negotiating a new funding round that would nearly double its last known valuation, signalling surging investor appetite for proptech with demonstrable enterprise revenue.
Global
EBRD, Eni, and Crypto Firms Reshape West Africa's Capital Flows
Three distinct cross-border deals—affordable housing finance, Algerian emissions cuts, and crypto platform arbitrage—reveal how international capital is repositioning across Africa in 2025.
The Money
Deal Tracker →Growth
Undisclosed
EliseAI
Proptech · United States
Seed
$52M
Terra Industries
Defense Tech · Nigeria
Growth
$15.2M
First HoldCo
Fintech · Nigeria
Seed
$52M
Terra Industries
Defence-tech · Nigeria
Series A
$8.4M
Jem
HRtech · South Africa
Seed
$18M
Terra Industries
Defence-tech · Nigeria
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