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.
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TechnologyAn African startup developing an AI product has to think about more than the technology. It needs developers, computing power and somewhere to run the software. Every time a customer uses the product, there may be another computing cost to pay.
start-upsMagna Collective arranged 61 one-on-one meetings between 16 investors and 26 startups during its Investor Connection Drive in Lagos on October 27, 2026. The event brought together early-stage companies and investors using data and artificial intelligence (AI) to match businesses with potential sources of funding.
fintechBluebulb has introduced Orbita, a treasury management platform designed to help African businesses manage multiple currencies, international payments and cash positions through a single dashboard.
agricultureBuying crops from smallholder farmers is only one part of running an agricultural supply business. The company also needs money for transport, storage, workers and other costs before it gets paid by the customer receiving the produce.
TechnologyAlphabet, the parent company of Google, has suffered a sharp stock market decline, with its shares falling approximately 13% in a single trading session as investors reacted to slower growth in its search advertising business and rising costs associated with artificial intelligence.
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.
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