Africa’s startups brought in $2.2 billion in 2024
African startups collectively raised $2.2 billion in 2024, marking a 25% decline from the previous year, according to a report ...
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Tag: Innovation
Accrue, a Nigerian fintech startup has raised $1.58 million in seed funding
Nigerian fintech startup Accrue has successfully raised $1.58 million in a seed funding round led by Lattice Fund, with participation ...
OpenAI is discussing plans to get more funding, which could make the company worth as much as $340 billion
OpenAI, the artificial intelligence company behind ChatGPT, is reportedly in discussions to raise new funding, which could push its valuation ...
NjiaPay, a South African startup, has raised $1M in a funding round
South African fintech startup NjiaPay has successfully raised over $1 million in an oversubscribed pre-seed funding round. The round was ...
Insight Terra, a climate-tech platform based in South Africa, has raised $5.7M in a Series A extension funding round
Insight Terra, a South African climate-tech company specializing in environmental risk management, has successfully closed a $5.7 million Series A ...
Visa Invests in Nigeria’s Moniepoint to Enhance Financial Services for African SMEs
Visa has announced a strategic investment in Moniepoint, a leading Nigerian fintech company, to advance financial inclusion and support the ...
U.S. President Trump announces $500 billion investment in artificial intelligence infrastructure
President Donald Trump has unveiled a groundbreaking initiative to invest up to $500 billion in artificial intelligence (AI) infrastructure, aiming ...
LemFi, a Nigerian fintech startup, has raised $53 million in its Series B funding round
LemFi, a fintech platform dedicated to providing financial services for immigrant communities, has raised $53 million in a Series B ...
Hudhudshop, a Qatari e-commerce platform, has secured a six-figure investment in its pre-seed round
Hudhudshop, the top e-commerce platform with its headquarters in Qatar, recently announced that it has successfully raised six figures in ...
OpenAI launches a $200 ChatGPT subscription for research use
OpenAI's AI-powered chatbot platform, ChatGPT, now has a new subscription plan. To further explore potential commercial uses for its AI ...
Microsoft announces plans to leverage AI to fast-track growth of start-ups in Africa
Microsoft, through the company’s Africa Transformation Office (ATO), has unveiled an initiative that will accelerate advancements in artificial intelligence (AI) ...
Elon Musk’s xAI has secured $6 billion in new funding
According to a filing with the U.S. Securities and Exchange Commission, Elon Musk's artificial intelligence company, xAI, has raised $6 ...
The Big 5
