Techstars is stepping up its game, increasing funding to $220K for participating startups. With a new SAFE structure and global support network, the accelerator is closing in on Y Combinator’s model — and leaving a lasting impact in Africa.
Google for Startups Accelerator Africa is now open! This AI-focused program offers equity-free support, expert mentorship, and Google Cloud credits to help African startups scale.
Visa has backed Tunisian startup Konnect and Morocco’s PayTic after both completed its Africa Fintech Accelerator. The move strengthens Visa’s push to support digital innovation and expand financial inclusion across the continent.
Solape Akinpelu, founder of Nigerian fintech platform HerVest, has won the 2025 Aurora Tech Award, securing $30,000 in funding and global recognition for her work empowering African women through financial inclusion.
AI startups building practical applications on large language models are seeing explosive growth, drawing billions in investment and transforming how businesses and consumers interact with technology. From coding tools to AI-powered search engines, these agile companies are scaling faster than any previous tech wave.
J.P. Morgan has advised investors to reduce exposure to Nigerian assets, citing increased macroeconomic risks from falling oil prices and global trade tensions. The bank’s latest report warns of currency pressure and potential capital flight if conditions worsen.
AfriLabs has received a generous $150,000 donation from the Airbnb Community Fund. The funding will help strengthen Africa’s innovation ecosystem by supporting tech hubs and entrepreneurs across the continent.
Can local investors drive Africa’s tech revolution? Benue Capital thinks so—and they're proving it in Uganda. By mobilizing homegrown wealth and debunking myths around tech startups, they're helping high-net-worth individuals shift from land to laptops, funding African solutions for African problems.
After two earlier attempts, Henri Ousmane Gueye finally wins big at the 2024 Africa’s Business Heroes Prize Competition, taking home $300K for EyOne, his groundbreaking health-tech company making waves in Senegal’s healthcare sector.
Five West African startups have received £500K in grants through TRANSFORM West Africa to scale circular and sustainable solutions, with Nigeria in the spotlight.