The AI Evidence Alliance for Social Impact (AEASI), a GBP2.75 million (US$3.7 million) initiative to advance the evidence-informed deployment of artificial intelligence (AI) solutions for social good in Africa and Asia, has been launched. Formed by Community Jameel, in partnership with the Abdul Latif Jameel Poverty Action Lab (J-PAL), the British Foreign, Commonwealth & Development [...] The post $3.7m initiative to advance evidence-informed deployment of AI solutions for social good in Afri...| Disrupt Africa
PayPal has announced a commitment to invest US$100 million throughout the Middle East and Africa, fueling innovation, supporting entrepreneurs, and driving inclusive economic growth in one of the world’s fastest-growing digital commerce regions. The strategic investment from PayPal will be deployed through a mix of minority investments, acquisitions, PayPal Ventures funding, people, and technology deployments [...] The post PayPal to invest $100m in African, Middle Eastern startups appeared...| Disrupt Africa
Dubai has emerged as a key hub for Africa’s affluent elite, offering a blend of financial advantages, luxury amenities, and strategic positioning that appeals to high-net-worth individuals (HNWIs) across the continent. This trend is reshaping the dynamics of wealth management, investment, and luxury consumption, with Dubai serving as both a financial hub and a lifestyle destination for Africa’s rich. Banking beyond borders: African institutions in Dubai A strategic shift is underway: Afri...| Business Empires – Africa
Raxio Group, led by Danish executive Robert Skjødt, launches Angola’s largest data center, boosting digital capacity and internet speed.| Daily News on African Billionaires and UHNWIs
South African billionaire Michiel Le Roux set for $20.08 million payout as Capitec lifts dividend on strong earnings.| Daily News on African Billionaires and UHNWIs
The JSE imposed a ZAR 5 million fine on Trustco and flagged “unacceptable” conduct tied to the sale of its mining arm without shareholder consent.| Daily News on African Billionaires and UHNWIs
Debt financing is often overlooked in startup funding conversations, but new research shows its potential as a powerful growth lever, and indeed links debt financing with higher startup valuations. A joint study by German fintech company re:cap and equity management software provider Eqvista analysed more than 10,000 data points from 530 early-stage startups. The research [...] The post Study reveals link between debt financing and higher startup valuations appeared first on Disrupt Africa.| Disrupt Africa
A solid third quarter of funding, though less impressive than Q2, means African tech startups have already raised as much - US$1.1 billion - in the first nine months of 2025 as they did in the entirety of 2024.| Disrupt Africa
South African circular economy startups are invited to apply for the Nedbank ReNEW accelerator programme, which provides participants with access to business support and up to ZAR1 million (US$58,000) in funding. Nedbank ReNEW, an acceleration programme managed by Impact Amplifier and funded by the Nedbank Foundation, aims to unlock waste-related circular economy innovations that create [...] The post SA circular economy startups invited to apply for Nedbank ReNEW accelerator programme appear...| Disrupt Africa
On a map of Africa at night, the highways don’t glow like they do in Europe or North America. But a closer look at the numbers shows a continent slowly laying down the asphalt arteries that move people, goods, and money. The post Top 10 African countries by paved roads (km) first appeared on Business Empires - Africa.| Business Empires – Africa
In four decades, she has transformed from a Soweto teenager-turned-pop-star into a multi-layered entrepreneur, policy influencer, and philanthropist. Today, she controls a promotions company, a music label, a foundation with international partnerships, and diversified real assets. She has sat on corporate boards, learned from failed ventures, and become a vice-president of CISAC—the Paris-based confederation that sets rules for author royalties worldwide. The post How Yvonne Chaka Chaka tur...| Business Empires – Africa
So, you’ve been “investing,” but somehow your bank account is still gasping for air by mid-month. Maybe you bought some shares, joined a Sacco, or even put money in a Money Market Fund — yet nothing seems to be working. Here’s the hard truth: sometimes it’s not that you’re not investing… It’s that you’re investing wrong. And the worst part? You might not even realize it. In this article, we’re going to break down 4 sneaky investment mistakes that could be draining your w...| Business Empires – Africa
African Bank completes a $28 million Grindrod asset deal, expanding its portfolio with loans, property stakes, and mortgage bonds in South Africa’s financial sector.| Daily News on African Billionaires and UHNWIs
African Bank, led by Kennedy Bungane, secures $40.4 million to support SMEs through its first social bond and sustainable finance framework.| Daily News on African Billionaires and UHNWIs
Christopher Seabrooke’s Sabvest stake rebounds to $99 million as shares rally nearly 19% in weeks.| Daily News on African Billionaires and UHNWIs
Yamify, a developer-first AI platform that lets freelancers and web agencies spin up AI stacks in under a minute, has launched with backing from an early investor in Paystack.| Disrupt Africa
South African card-linked instalment platform Float has secured US$2.6 million (R46 million) in funding to help it scale both at home and abroad.| Disrupt Africa
Global technology provider and distributor, Westcon-Comstor, has announced the appointment of Nicodemus (Nickey) Mannya as Director of Cybersecurity & Next... Source| CIO Africa
South African startup Fintura is an AI-powered, all-in-one integrated platform built specifically for accountants in emerging markets.| Disrupt Africa
The Committee to Protect Journalists calls on Malagasy authorities to retract threats of criminal prosecution directed at Gaëlle Borgia, a freelancer who contributes to TV5 Monde, and Radio France Internationale (RFI) correspondent Pauline Le Troquier, and to ensure that the press can cover matters of public interest without interference. According to the two journalists, Madagascar’s […]| AFRICANIST PRESS
South African payment services provider Peach Payments has partnered with bitcoin and crypto payments solution provider MoneyBadger to enable its merchants to accept payment in bitcoin and other crypto assets. Peach Payments is a fast-growing African payment solution provider (PSP) that makes offline and online payments easier and more accessible across Kenya, Mauritius and South| Disrupt Africa
A chartered accountant, Kiara Suttner-Tromp has around a decade of experience in private equity and fund management. She joined HAVAIC in 2019, having previously worked for RisCura and KPMG, and became a partner last year.| Disrupt Africa
South African VC firm HAVAÍC has announced the second close of its third, US$50 million fund, and with new and follow-on investments in SAPay, Sportable, NjiaPay, and SwiftVEE is on course to complete up to 15 investments in Africa-born technology startups with global potential.| Disrupt Africa
African AI intelligence startup Rwazi has raised US$12 million in Series A funding to accelerate development of its simulation engine and decision copilot, giving teams real-time visibility into what's changing, what to do next, and what outcome to expect.| Disrupt Africa