Cassava’s $720 million Africa AI rollout tests Jensen Huang’s exit
Cassava’s five-country AI rollout, backed by Nvidia processors and equity, could cost $720 million and deploy 12,000 GPUs as Jensen Huang resigns from the company.
Topic
Africa
Topic
Africa
Chude Jideonwo Puts $500,000 Behind Africa's Creator Economy
Chude Jideonwo has committed at least $500,000 to Africa's creator economy via FourthMainland, with first investment in filmmaker…
Circle Ventures Backs CrissCross to Scale Stablecoin Payments in Africa
Circle Ventures has invested in CrissCross, the Stitch Group unit running cross-border payment rails across 30-plus African marke…
Aries Media Ventures Launches Africa-Focused Media-Tech Fund
Aries Media Ventures Fund I has begun deploying capital into three media-tech startups in Nigeria and Kenya, without disclosing f…
Ex-NBCUniversal VP Raises $5M Africa Media Tech Fund With Brutal Math
Alykhan Kaba, ex-NBCUniversal VP, targets $5M for Aries Media Ventures, backing 40-50 African media tech startups with $50K chequ…
African Lenders Triple Deal Value to $4.7 Billion in Q3
African DFIs joined 30 deals worth $4.7bn in Q3 2026, tripling Q2's value and beating non-African lenders on deal count for the f…
Africa Draws Under 1% of Global VC Despite 3% of World GDP
Africa took under 1% of global VC value in 2022. A survey of 4,500 founders shows why: scarce local equity, thin networks and a h…
Africa's Deal Log Adds 17 New Private Capital Transactions
Africa Private Equity News logged 17 new private capital deals across the continent in its latest Dealmaker's Log. Here's what th…
RMB Ventures Exits Afrikelp as SAS Group Takes Majority Stake
RMB Ventures has fully exited Afrikelp as SAS Group, backed by Stirling Square Capital Partners, takes majority control of the se…
Her Startup Opens Second Cohort for African Women Founders
Her Startup has opened applications for its second cohort targeting African women founders, Africa Business Communities reported.…
Applications Open for 2026 Africa Energy Entrepreneurship Award
Applications are open for the 2026 Africa Energy Entrepreneurship Award, Disrupt Africa reports. No deadline, prize value or elig…