CAC defends new AI portal amidst complaints
The Corporate Affairs Commission said a major AI-driven website upgrade led to a record 11,000 companies registered in one day, compared to the one week it used to take to process each registration. The commission tried to address mounting complaints by users that the upgrade has not lived up to its promise
Top 14 Angel Investors Funding African Startups
Angel investors play a crucial role in the startup ecosystem — providing early-stage funding and essential mentorship to entrepreneurs. As an African entrepreneur, accessing angel investment can be a game-changer in driving business growth and overcoming financial hurdles. But how exactly can you get these investors? You can get angel
Today Africa: Africa’s weekly funding recap | Week of July 14–20, 2025
After a slow start to the year, the week of July 14–20, 2025, saw more investor interest like last week. This period was marked by strategic growth plays in sectors like logistics and clean energy, the emergence of a new financing programme for climate-focused ventures, and deeper investor traction in
The Ultimate Startup Checklist for African Founders
Before diving into the world of entrepreneurship, it’s essential to understand why a startup checklist is a critical tool for founders across Africa. Building a business in Africa presents unique opportunities and challenges – from navigating complex regulatory environments to establishing market trust in often underdeveloped ecosystems. A checklist acts
Nigeria’s inflation slows in third consecutive month to 22.22%
Nigeria’s inflation slows in third consecutive month, slowing sharply to 22.22% in June, a figure that masks persistent price pressures on the ground and creates a complex policy dilemma for the central bank. The significant drop from May’s 22.97% marks the slowest pace of price growth this year, the National
6 Ways We Validated Our Startup Idea (& Lessons You Can Learn)
Every entrepreneur starts with an idea. For us, it was that spark of inspiration we believed could change lives—or at least disrupt an industry. But we quickly learned a hard truth that every founder eventually faces: just because you think your idea is great doesn’t mean the market will agree.
South African PE fund to acquire 35% stake in Kenya’s Mawingu Networks
Pembani Remgro Infrastructure Fund II (PRIF II), a South African PE fund to acquire a 35% stake in Mawingu Networks, a Kenyan internet service provider, in a deal that will hand the fund controlling interest in the company. The proposed transaction, currently under review by the Comesa Competition Commission (CCC), comes eight
25 Business Mistakes We Made (& How You Can Avoid Them)
When we started our previous businesses, we were full of passion and big ideas. We believed they were going to succeed—and for a while, so did everyone around us. But one by one, those ventures fell apart. It wasn’t because our ideas were bad. It was because of mistakes we
Mediamax to lay off undisclosed number of employees
Parent company of K24 TV and People Daily, Mediamax, to lay off undisclosed number of employees, its sixth round of job cuts in four years. The media company cited shifting consumer habits, accelerated digital disruption, and what it termed as punitive government regulations as reasons for the latest restructuring. Mediamax
How to Legally Protect Your Startup Idea in Africa
How to protect your startup idea is one of the first questions every aspiring entrepreneur should ask—especially in a fast-growing and competitive market like Africa. With innovation thriving across the continent, from fintech to agritech, ensuring your idea is legally safeguarded can mean the difference between long-term success and costly