Nairobi-based Kenafric Group has launched Kenafric Ventures, a USD 10 million corporate venture fund that will invest in early-stage African consumer businesses and pair the capital with the group’s manufacturing and distribution capabilities.
No Free Lunch - What Impact is Satellite Connectivity Having in Africa
Weekly News Wrap: - 23 October - AI Risks and Isuzu’s Rugby Sponsorship
No Free Lunch - How to Address The Youth Unemployment Crises
Weekly News Wrap - Startup Exits, Funding Success and Tech Development Challenges
No Free Lunch Podcast - Are They Listening and AI Risk AssesmentThe Weekly News Wrap - Where Capital Lands and Why
Weekly News Wrap: Energy investment, business sentiment and mining innovation
No Free Lunch Podcast - Global AI Panic - Real or Overstated?
opinion-analysisBreaking Business and African Startup news that Includes:Ground Up Investing, the impact investment arm of Corus International, has secured a US$6 million first close for its second fund,Statistics South Africa has revised the estimated size of the country’s economy upwards by 4.9% following a benchmarking and rebasing exercise
energyElectricity is one of the bills businesses cannot avoid. At a fresh produce market, where traders handle goods that can spoil if they are not stored properly, keeping the lights and refrigeration running is part of doing business.
fintechFor a small supplier, a big order can create a cash problem. The business has to buy materials, pay workers and deliver the goods before it sees any money from the customer. If payment takes 60 days, the owner must find a way to cover those costs while waiting. Taking on another order can make the situation even harder.
logisticsA business owner looking at two bakkies might find that one costs tens of thousands of rand less than the other. If the company needs five vehicles, that difference can make the cheaper option hard to ignore.
fintechIn November 2022, customers of crypto exchange FTX tried to withdraw their money and found they could not. The company was running short of funds, and within days it filed for bankruptcy. People who had trusted the platform to hold their cryptocurrency were left wondering how much they would get back.
start-upsAngolan fintech CYTO has raised $40,000 as the country moves towards mandatory electronic invoicing, a change that could push more businesses to replace manual paperwork with software.
TechnologyGoogle has launched Google Wallet and Google Pay in Nigeria, allowing Android users with supported bank cards to make contactless payments in stores and pay through apps and websites.
energyAn Egyptian farmer who wants to replace a diesel pump with a solar-powered system could face a bill of around EGP 1 million for a 20 horsepower installation, according to NoorNation founder Ragy Ramadan.
start-upsTalent Nation, founded by Nigerian entrepreneur Iyinoluwa Aboyeji and South African-born entrepreneur Kesiah Valkin, has raised an undisclosed pre-seed round to train, certify and place African AI engineers with businesses worldwide.
0112 articles0220 articles0320 articles0424 articles0576 articles0649 articles0727 articles0815 articles098 articles
101250 articlesFintech, VC, IPOs, banking, crypto & blockchain.
Explore→1174 articles12171 articles13204 articles1420 articles15106 articles
163723 articlesBusiness tools, AI, cloud & data, agri-tech, automation.
Explore→
17142 articlesSupply chain, logistics, HR & talent, strategy.
Explore→
1831 articlesDigital marketing, sales, eCommerce, advertising.
Explore→
192732 articlesLegal, AfCFTA, manufacturing, mining, creator economy.
Explore→
20204 articlesInterviews, success stories, Founders Friday.
Explore→
212283 articlesStartup news, weekly wraps, The Big Business Deal.
Explore→
22589 articlesBuilding businesses, young founders, org culture.
Explore→
2386 articlesShort courses, learning resources, real lessons.
Explore→
2487 articlesNo Free Lunch & other audio content.
Explore→Research, indices and special editions — free to download.
Get the reports →The people and companies shaping African business & tech.
View the lists →Opportunities at Africa's startups, scale-ups and tech firms.
Browse roles →Events, awards and the people building it — in pictures.
See the photos →