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.
Telkom Group CEO Serame Taukobong Telkom customers who want to buy fibre, mobile and a fixed-wireless product in a single purchase still can’t do so easily – a shortcoming group CEO Serame Taukobong has acknowledged is the central problem a multi-year overhaul of the operator’s back-office systems is meant to solve. “If you walked into…
For years, one question in South Africa’s crypto debate has been deceptively simple: if bitcoin is bought in South Africa and moved to a wallet linked to an offshore custodian, has capital left the country? The latest High Court ruling brings that question into focus — not as a debate about what bitcoin is, but…
The latest economic outlook report by the African Development Bank (AfDB) projects that the continent will grow at 4.2 per cent in 2026, slightly down from 4.4 per cent in 2025, before bouncing back to its growth trajectory in 2027. The downward revision for 2026 comes at the back of heightened geopolitical tensions and global…
Beirut had until now largely been spared even as both Israel and Hezbollah accused each other of breaking last month’s ceasefire.
