Africa’s private capital market posted a mixed first half in 2026. Deal volume fell 16% year on year to 211 transactions, the first H1 drop since 2023. Investment value rose 65% to $3.7 billion, the second highest first-half total in five years. The gap between average deal size, $32 million, and median deal size, $5…
AI-native businesses are expected to attract more funding and create new acquisition opportunities for established companies. (Image source: iStock) South Africa’s venture capital (VC) ecosystem is entering a new phase of maturity, fuelled by a growing pipeline of exits and increasing investments in artificial intelligence (AI) start-ups that are challenging traditional incumbents. This is among…
Global hunger declined for the third consecutive year in 2025, but Africa has emerged as the epicentre of the world’s food crisis, with the continent now accounting for the highest number of hungry people globally, a new United Nations report has revealed. The 2026 edition of “The State of Food Security and Nutrition in the…
The Cue team. (Image: supplied) Artificial intelligence (AI)-powered customer service platform Cue has secured a $5 million (R82 million) primary funding round, co-led by Knife Capital and FAM Investments. The funding will support product development, international expansion and deeper investment in voice, security and enterprise integrations, according to a statement. Cape Town-headquartered Cue says it…
Renew Capital selected 15 African technology startups from more than 500 applicants across 48 countries to advance to the next stage of its inaugural Renew Venture Lab: EmFi Series. The startups were chosen after applicants took part in founder-led training sessions and a pitch competition. Forty-seven companies reached the final pitching stage and received a…
Raxio Group, Africa’s most expansive data centre platform, surpassed US$380 million in committed capital as shareholders Meridiam and Roha increased their support for the company’s next phase of growth following a sixfold surge in contracted capacity this year. The additional equity from Roha and Meridiam extends Raxio’s capital base from a previous US$350 million, building…
Investors in Kuramo Capital Management moved $458 million in African private-market assets to a continuation vehicle managed by Sango Capital, the investment firm led by former Bridgewater Associates partner Richard Okello. The assets were transferred from 2 Africa-focused funds that had passed their fund life and a 2019 fund, Kuramo Chief Executive Officer Wale Adeosun…
Spiro raised an additional $55 million from NewTrails Capital, bringing its latest funding round to $270 million as the electric motorcycle and battery-swapping company expands across Africa. The investment follows a $215 million equity raise announced earlier this month. Spiro’s total disclosed funding now stands at about $557 million, making it one of Africa’s most…
NewsFeed 7.1 and 7.5 magnitude earthquakes strike Venezuela, destroying some buildings in the capital city Caracas. Tsunami warnings were issued for Venezuela and nearby Caribbean islands. Published On 25 Jun 202625 Jun 2026 Click here to share on social media share-nodes Share googleAdd Al Jazeera on Googleinfo
The opposition has called for protests after the president’s term in office was extended by a year.
