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Layoffs abroad, opportunities back at home? What African tech talent should do next
Techpoint Africa - Jul 08, 2026
164,271 jobs have been lost in 435 layoffs in the tech industry so far in 2026. Major companies like Amazon, Meta, and Microsoft have announced significant layoffs, impacting thousands of employees.

EBRD and Microsoft Launch Initiative to Help African Startups Adopt AI
Tech In Africa - Jun 17, 2026
The EBRD and Microsoft signed a memorandum of understanding during the EBRD’s annual meetings in Amsterdam. The partnership aims to help African startups incorporate AI into their operations.

OpenAI filing sets up a trio of trillion-dollar tech IPOs
TechCentral - Jun 09, 2026
OpenAI has filed for a US initial public offering, targeting a valuation of up to $1 trillion. Anthropic has also filed for a US IPO after raising $65 billion, positioning itself as a major competitor.

South Africa-founded Refiant AI raises $5 million to build leaner AI models
TechCabal - Apr 09, 2026
Refiant AI closed a $5 million seed round led by VoLo Earth Ventures to enhance its AI model compression platform. The startup's technology can compress a 120-billion-parameter model to run on a standard laptop with just 12GB of RAM, retaining 95-99% of its original performance.

Nigeria to provide up to ₦1 billion ($735,000) in funding for 100 startups through iDICE Startup Bridge
Techpoint Africa - Mar 16, 2026
The iDICE Startup Bridge programme has been launched to support startup founders in Nigeria. The initiative includes two tracks: Founders Lab and Growth Lab, targeting early-stage and growth-stage entrepreneurs.
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