African EV Startup ARC Ride Raises $33 Million to Expand Battery-Swapping Network
ARC Ride raised $33.3 million for expanding battery-swapping stations across Africa. The funding round is one of the largest for an electric mobility company in Africa.
Grindstone Ventures Launches $31.2 Million Fund for African Tech Startups
Grindstone Ventures has launched a R500 million venture capital fund targeting technology-driven African companies. The fund aims to support startups moving from Seed funding to Series A.
Injini Launches $125,000 AI Education Programme for Southern African Startups
Injini has launched an AI for Education Venture Builder and Incubation Programme. The programme is designed for early-stage teams to develop AI solutions for classrooms across Southern Africa.
Blockfest Africa Returns for Second Edition as Lagos Prepares for a Bigger Web3 Experience
Blockfest Africa 2026 will feature workshops, founder-investor sessions, and networking activities. The festival will take place at the National Art Theatre in Lagos on October 22-23, 2026.
Kenya’s investment market nears KSh1 trillion as investors look beyond MMFs
Kenya's collective investment industry reached approximately KSh948.7 billion by June 2026. Special Funds grew by 24% in the second quarter of 2026, while Fixed Income Funds increased by 15%.
