Technology
Africa's 2016 startup class: What a decade of survival cost
From $367M raised by 77 startups in 2016 to a $2.2B funding slump in 2024, the companies that endured rewrote their models — repeatedly.
Global
Acumen Puts $5M Into Sun King Zambia's Off-Grid Push
The impact investor's bet on Sun King's Zambian arm signals renewed capital appetite for pay-as-you-go solar in sub-Saharan Africa's underserved markets.
Global
Nigeria's Digital Economy Forum Pushes Transparency as Growth Lever
A Lagos gathering of operators and policymakers put compliance and cleaner business models at the center of Nigeria's next digital-economy phase — but the source reporting is thin on specifics.
Global
Meta Poaches MongoDB's CEO, Erasing $3B in Market Value
Dev Ittycheria's surprise departure to join Meta's AI push sent MongoDB stock down as much as 27% in a single session, underscoring how aggressively the Menlo Park giant is assembling AI leadership.
Business
Africa's Diesel Divide: Lowest Prices, CBN Rate Cut Signal Diverging Pressures
As the global diesel average climbs to $1.66 per litre and Nigeria cuts its benchmark rate by 350 basis points, African businesses face a continent of starkly uneven input costs.
The Brief
Global
Airtel Uganda and Starlink Launch Satellite-to-Mobile Service
The partnership extends cellular coverage to Uganda's unconnected zones by routing Starlink's low-earth-orbit satellites directly to standard handsets on Airtel's network.
Global
US Recovers $2.5M for Jammeh Victims from Maryland Mansion Sale
A $3.5 million Maryland property seized from ex-Gambian dictator Yahya Jammeh has been sold, with $2.5 million directed to survivors of his 22-year rule — a rare instance of kleptocracy-era assets reaching African victims.
The Money
Deal Tracker →Growth
$436M
Capricorn Energy
Energy · Egypt
Growth
$90M
HighLife
Healthtech
Undisclosed
Undisclosed
Undisclosed Nigerian GPU compute startup
AI Infrastructure · Nigeria
Funding
Undisclosed
Lisk
Web3
Debt
$10M
SunCulture
Energy · Kenya
Series B
Hundreds of millions of yuan
GENISOM AI
Robotics · China
The nook Brief
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