Investments

Telegram CEO Pavel Durov announced today that Elon Musk’s AI firm xAI has committed US $300 million—in a combination of cash and...

In a strategic move to strengthen its presence in the Middle East and North Africa (MENA) region, UAE-based Dubizzle Group...

Apple has announced plans to invest over $500 billion in the United States over the next four years, a commitment...

Madica, a structured investment program designed for pre-seed startups in Africa, has announced its latest round of investments, committing $800,000...

In a decisive move, OpenAI's board of directors has unanimously rejected a $97.4 billion acquisition offer from a consortium led...

GreenYellow South Africa has announced a €10 million investment in energy efficiency projects across Southern Africa, aiming to enhance sustainability...

Visa has announced a strategic investment in Moniepoint, a leading Nigerian fintech company, to advance financial inclusion and support the...

Namibia's state-owned utility, NamPower, has agreed to develop the largest solar power plant in the nation, valued at N$1.6 billion...

Jumia Technologies AG ($JMIA), the African e-commerce giant, has effectively concluded a secondary offering, generating $99.6 million through the sale...

An Amazon.com, Inc. subsidiary, Amazon Web Services, Inc. (AWS) has pledged $230 million to help global companies speed up the...

Amethis Fund III, a pan-African fund that offers private equity growth capital to medium-sized businesses on the continent, has received...

Safaricom Ethiopia, a telco operator, has announced that it has received the first batch of 13 locally produced telecom towers...