The Tony Elumelu Foundation (TEF) has announced a $15 million grant to support 3,000 young entrepreneurs across 52 African countries. Each selected entrepreneur will receive a $5,000 non-refundable seed grant to launch or expand their businesses, fueling economic transformation across the continent.
Flutterwave has introduced Pay With Bank Transfer in Ghana, a new payment option developed in partnership with Affinity Bank. This integration enables businesses to accept secure bank transfers, reducing reliance on cash and Mobile Money. With over 115 million bank transfer payments recorded in Ghana in 2023, this development reflects the nation’s shift toward digital financial solutions.
Google is acquiring Wiz, a leading cloud security company, in a $32 billion all-cash deal. This acquisition will enhance cloud security, automate cybersecurity processes, and boost multicloud adoption.
Gold hit a record high on Tuesday, surpassing $3,000 per ounce as investors flocked to safe-haven assets amid geopolitical and economic turmoil. With rising inflation, a weaker U.S. dollar, and ongoing trade tensions, analysts expect further gains in the coming months.
Meta has launched the Llama Impact Grant, providing $20,000 to AI-driven projects tackling Africa’s challenges in healthcare, agriculture, and research. Applications are open until April 18, 2025—apply now to bring your AI solution to life!
The Startup 360 Connect Programme is calling on innovative startups from Kenya and the broader East African region to apply. Backed by the UK Government, this initiative offers mentorship, investment opportunities, and strategic networking to help startups expand into global markets.
Twelve promising South African startups have been selected for the Injini Mastercard Foundation EdTech Fellowship, an initiative designed to provide funding, mentorship, and market access to scale impactful educational solutions.
THE BIG PITCH 2025 is here! Startup Club ZA and the South African Future Trust are offering a $1 million investment and national media exposure to the most innovative early-stage startups. Apply now and take your business to new heights!
Leta has raised $5 million in seed funding to scale its AI-powered logistics platform, helping businesses streamline deliveries, cut costs, and improve efficiency. With backing from Speedinvest, Google’s Africa Investment Fund, and Equator, Leta is set to revolutionize logistics across Africa.
Transcorp Group has delivered an exceptional 2024 financial performance, with a 188% profit increase and 107% revenue growth. Strong execution in power, hospitality, and energy investments solidifies its market leadership. Read more on how Transcorp continues to drive sustainable growth.