Musk’s xAI seeks funding at $18-billion valuation Mercy Aboagye Apr 12, 2024 0 Elon Musk’s fledgling AI start-up xAI is looking to raise US$3-billion to $4-billion in a deal that would value the…
More African founders secure $1M+ funding in new trend Mercy Aboagye Apr 10, 2024 0 Despite a dip in overall funding levels, the continent is witnessing a marked increase in the number of ventures…
GNPC risks collapsing after 2026 over $1bn debt – PIAC warns Mercy Aboagye Apr 10, 2024 0 The survival of the Ghana National Petroleum Corporation (GNPC) could come under threat as the government’s…
American investors no longer interested in funding African… Mercy Aboagye Mar 22, 2024 0 Mirroring the global market, venture funding for African startups in 2023 dropped 31% — from the previous year,…
Appetite from local investors fuels surge in African startup… Mercy Aboagye Mar 13, 2024 0 Africans are backing other Africans to turn investment capital into riches, following a downturn in global startup…
10 African Startups Dominate 75% of Fintech Equity Africa… Mercy Aboagye Feb 28, 2024 0 In 2023, 75% of all equity funding secured by African fintech startups went to ten companies. These firms, which…
Women-led ventures sparkle in a tough funding year Mercy Aboagye Feb 8, 2024 0 Investment in African women-founded and led startups remains a bright spot in a global ecosystem drained of…
Ghana’s $12.6bn agriculture sector struggles with funding… Mercy Aboagye Feb 1, 2024 0 Ghana’s agriculture sector, a cornerstone of its economy valued at $12.6 billion, faces mounting challenges…
bird TenX: Africa’s 10 largest startup funding destinations… Mercy Aboagye Jan 31, 2024 0 Africa’s “big four” tech ecosystems maintain their positions in 2023 but smaller economies, including…
Italy seeks to boost Africa ties with €5.5 billion funding… Mercy Aboagye Jan 29, 2024 0 Prime Minister Giorgia Meloni unveiled an investment plan worth more than €5.5 billion ($5.9 billion) to strengthen…
Food’s climate funding tops $7 billion during COP28 Mercy Aboagye Dec 12, 2023 0 New money pledged for the global food system’s climate fight topped $7 billion during this year’s COP28 summit.…