Your Daily Business and African Startup Update
3 minSundar Pichai Introduces Google Gemini 2.0: A Leap into the Agentic AI Era
1 minAnushka: Low-Budget Humanoid Robot Revolutionizes Robotics with AI and Innovation
3 minTrend Micro Stops Deepfakes and AI-Based Cyberattacks for Consumers and Enterprises
1 minYouTube Introduces Exciting New Features for Premium Users
3 minAI Redefined: Sightful Unveils Refined Spacetop G1 AR Laptop for Sale
6 minApple Unveils Ground-breaking AI Integration and Software Updates at WWDC
2 minSpotify Introduces AI-Powered Playlist Creation Feature
2 minVision Neue Klasse X: BMW Unveils Next-Generation Electric SUV Concept
start-upsSouth Africa’s National Youth Development Agency (NYDA) and the National Empowerment Fund (NEF) have committed R100 million to a new National Youth Fund aimed at helping youth-owned businesses access finance and business development support.
investmentsA new Chemical Plant Development in Botswana Highlights the Changing Supply-Chain Landscape that is Driving more investment in Africa
investmentsThe African Development Bank and South Korea's Export-Import Bank (KEXIM) have signed a five year agreement covering projects in Africa. The deal covers energy, transport, digital infrastructure, artificial intelligence and critical minerals.
fintechCryptocurrency exchange CoinEx is winding down its operations after nearly nine years, citing weaker trading activity, reduced market liquidity and rising regulatory and compliance costs.
energyAirnergize Capital has raised R3.89 billion for its first fund, with its first investments expected to go into commercial solar and battery-storage projects. The South African investment firm has attracted money from both development finance and private investors. The Development Bank of Southern Africa (DBSA) is putting R240 million into the fund.
EntrepreneurshipBasecamp Business Incubator has brought five Namibian founders to the Nexus Speed Pitch in Windhoek, giving early-stage businesses a platform to present their ideas, test their propositions and connect with Namibia’s startup community.
start-upsBiochar Industrial Group (BIG) has raised $1.5 million to build a business around agricultural waste from food processing companies in Africa. The startup, founded by former Releaf executives, plans to install pyrolysis equipment at food factories and use materials such as nut shells, husks and maize cobs to make biochar.
News & OpinionYour Daily Business and African Startup Update
start-upsNigerian fintech startup OneDosh is broadening its cross-border financial platform in the European Union, taking its services beyond the US-Nigeria corridor as it builds a wider payments network for people and businesses operating across countries.
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