China has become one of Africa’s largest development financiers. Since 2000, Chinese and other state-backed institutions have committed more than US$180 billion in loans to African countries. The money has been used to finance roads, railways, power stations, ports, water infrastructure and industrial projects. Agriculture has also become part of this expanding partnership. Food systems…
African startups raised between $1.3 billion and $1.4 billion in the first half of 2026, in line with the $1.4 billion recorded a year earlier, per data from TechCabal and The Big Deal, showing funding has stabilized despite a tougher venture capital market. The total was supported by a handful of large transactions, even as…
Climate tech’s part in the venture funding became dramatically pronounced in 2025, when it alone contributed 40 per cent or $1.5 billion, compared to other years in the near-decade period under review, the study said. That was up from 13 per cent or $206 million in 2016. Climate tech, the field of technologies and solutions…
Rodrigo Liang, Co-founder & CEO, SambaNova Systems, on the AI Summit stage during day two of Web Summit Vancouver 2026 at Vancouver Convention Centre in Vancouver, Canada. Shauna Clinton | Sportsfile | Getty Images An AI chip startup has raised $1 billion in financing as investors continue to pour money into companies looking to challenge…
Kuaishou headquarters is pictured on November 5, 2020, in Beijing, China. VCG | Visual China Group | Getty Images Kuaishou Technology shares rose nearly 7% Friday before trimming gains, after the company announced a capital injection of nearly $2.8 billion into its artificial intelligence subsidiary, Kling AI, with backing from tech giant Tencent. The Beijing-based short video…
The World Bank has abandoned its target of directing 45 percent of its financing to projects that help tackle climate change, prompting warnings that poorer countries – especially in Africa – could receive less support to adapt to a warming world. The bank’s five-year Climate Change Action Plan expired on Tuesday. Last year it put…
Young people working on promoting peace in some of the world’s most fragile and polarized places say financial support remains essential, but money alone will not sustain their efforts to organize youth to participate in peacebuilding. As conflicts around the world continue to proliferate, a group of young UN peacebuilders met at UN Headquarters on…
Spiro, one of Africa’s leading electric vehicle (EV) and clean energy infrastructure platform, has announced the successful completion of its latest funding round, raising $270 million to support the expansion of its e-mobility and energy ecosystem across the continent. The milestone follows the closure of a $55 million investment from NewTrails Capital, a Chinese growth-stage…
Ethiopia — TANZANIA and the Africa Centres for Disease Control and Prevention have stepped up efforts to reshape primary healthcare financing, with a new push focused on expanding investment in community based health systems across the continent. The discussions in Ethiopia placed primary healthcare at the centre of strategies to achieve Universal Health Coverage and…
More than eight million South Africans are living with HIV – the highest number of any country in the world.
