Image: Jernej Furman OpenAI’s latest funding round valued the ChatGPT maker at US$840-billion as Big Tech and Masayoshi Son’s SoftBank piled into the $110-billion blockbuster round, signalling the AI investment race is alive and well despite recent fears of a valuation bubble. The funding round — one of the largest private capital raises on record…
SA is one of the biggest beneficiaries of the start-up funding recovery, raising $335.9 million. (Image created via ChatGPT) South Africa emerged as one of the biggest beneficiaries of Africa’s tech start-up funding rebound in 2025, as total capital raised across the continent surged 46.2% year-on-year to $1.64 billion. This is according to the latest…
Liquid Intelligent Technologies has secured US$410-million (R6.5-billion) in new financing from a consortium of commercial development finance institutions, according to a Thursday statement. Liquid’s parent company Cassava Technologies has simultaneously committed to a $195-million (R3.1-billion) capital injection into Liquid, bringing the total new funding to R9.6-billion. The news follows the full repayment by Liquid of…
One year after the AI Summit in Paris, the international community will meet again this week in New Delhi for the Global Summit on Artificial Intelligence, whose objective will notably be to support the diffusion of AI uses in developing countries. In Africa, AI and Tech investment remains concentrated in the “Big Four” – South…
The trade, industry & competition department has announced a number of measures to help South Africa’s ailing film and television industry, including raising funds and implementing an automated system to reduce processing time and improve effectiveness for financing. Minister Parks Tau and deputy minister Zuko Godlimpi briefed parliament on Tuesday on the department’s plans. This…
France cut its contribution to the Global Fund to Fight AIDS, Tuberculosis and Malaria by 58 percent on Thursday, confirming a major reduction in funding that health organisations warn will cost lives. After months of uncertainty, the government said its pledge for the 2026-2028 cycle will fall from €1.6 billion in the previous funding period…
Nairobi — Kenyan startups secured 50 funding deals last year, the highest in Africa, according to the latest Germany-Africa Investment Report covering 2015-2025. The report by the Africa Investment Bridge initiative shows Nigeria followed with 34 deals, Tanzania with 24, South Africa 19 and Ghana 17, reinforcing Nairobi’s position as East Africa’s leading innovation hub….
African tech startups raised US$4.1 billion in 2025, up 25% from a year earlier, marking the strongest funding year since 2022, according to Partech’s annual Africa Tech Venture Capital Report released January 22, 2026. Equity funding reached US$2.4 billion, an 8% increase year on year, across 462 deals. Debt financing climbed to a record US$1.6…
WASHINGTON — Sen. Amy Klobuchar, D-Minn., said in an interview on NBC News’ “Meet the Press” that she will not vote for Department of Homeland Security funding after the latest fatal shooting of an American by a federal agent in Minneapolis. “When they’re killing two constituents in my state, and they’re taking two-year-olds out of…
Africa’s startup ecosystem is emerging from two difficult years with renewed momentum, buoyed by a funding rebound that is increasingly being driven by local venture capital. Data shared during the AfricArena Grand Summit in December 2025 showed that startup funding on the continent was on track to reach about US$3 billion in 2025, up from…
