Musk’s xAI seeks funding at $18-billion valuation Rhema Apr 12, 2024 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 Rhema Apr 10, 2024 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 Rhema Apr 10, 2024 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… Rhema Mar 22, 2024 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… Rhema Mar 13, 2024 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… Rhema Feb 28, 2024 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 Rhema Feb 8, 2024 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… Rhema Feb 1, 2024 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… Rhema Jan 31, 2024 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… Rhema Jan 29, 2024 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 Rhema Dec 12, 2023 New money pledged for the global food system’s climate fight topped $7 billion during this year’s COP28 summit.…