FirstFounders and Terra Industries: The $11.75M Venture Studio success story
FirstFounders was launched to deviate from the traditional startup accelerator model, focusing on the pre-idea and R&D stages. The venture studio has supported over 1,000 builders and currently has a portfolio of six startups.
Spacecoin takes on Starlink with blockchain satellites in Kenya
Spacecoin has secured a transmission licence from Kenya’s Communications Authority to test blockchain-based satellite Internet services. Cognito Systems has transitioned from Six Labs to focus on AI and blockchain systems for businesses, aiming to automate inefficient processes.
US latest visa freeze puts African founders’ global mobility at risk
The US is suspending all visa processing for applicants from 75 countries, including Nigeria, Egypt, and Ghana. The suspension will begin on January 21 as directed by the Trump administration.
After big rounds, Francophone Africa investors want ecosystem depth in 2026
Francophone African startups raised at least $450 million in 2025, primarily in fintech, mobility, and climate-linked services. Over 500 investors backed startups with ticket sizes of at least $100,000, indicating rising deal counts and investor participation.
Amazon Leo, A Starlink Competitor, Secures Permit In Nigeria
Amazon Leo has secured a landing permit from Nigeria’s Communications Commission, effective February 28, 2026. The permit allows Amazon a seven-year window to deploy its low Earth orbit constellation.
