Browsing: African

African startups closed 44 disclosed rounds worth $100,000 or more in July 2026, raising a combined $102 million. While the number of funded companies stayed near the 12-month average, the total raised came in 60% below the monthly average of $258 million, making it the weakest month since March 2025.

African countries were able to identify €417 million ($475 million) in additional tax revenue last year thanks to exchange-of-information requests with other nations, according to a new OECD report.Some 909 requests for information were sent by African countries in 2025, the OECD said in its Tax T…

Tunisia-based Open Startup launched a decade ago as an entrepreneurship competition for university students. It has evolved into an accelerator for African deep tech startups. The accelerator is launching Openers First, its first special purpose vehicle, which aims to raise $3 million to support sta…