miscellaneous

miscellaneous

Google Invests $2.1 Million in AI Development

Google Invests $2.1 Million in AI Development

Africa-Press - Angola. Google.org has announced a $2.1 million (N3 billion) investment to support artificial intelligence sector, targeting the creation of one million digital...
Capitec Acquires Walletdoc for $23.5 Million

Capitec Acquires Walletdoc for $23.5 Million

Africa-Press - Angola. Capitec Bank has agreed to acquire South African payments fintech, Walletdoc, in a deal valued at R400 million ($23.5 million). This...
Mastercard Foundation Supports Female-Focused VC Five35

Mastercard Foundation Supports Female-Focused VC Five35

Africa-Press - Angola. Five35 Ventures, a pan-African, female-focused, early-stage venture capital firm, has announced securing a significant anchor investment from the Mastercard Foundation Africa...
African Development Bank Launches $5.2 Million Initiative

African Development Bank Launches $5.2 Million Initiative

Africa-Press - Angola. The African Development Bank Group (www.AfDB.org) and the Pan African Federation of Accountants (PAFA) have launched a $5.2 million institutional support...
Two African Fintechs Raise $427M in First Ipos since 2019

Two African Fintechs Raise $427M in First Ipos since 2019

Africa-Press - Angola. African startups raised $162 million in November 2025 (excluding exits), with equity accounting for 79% of the total. The month ranks...
TDC Partners with AKA Foods to Transform R&D with AI

TDC Partners with AKA Foods to Transform R&D with AI

Africa-Press - Angola. AKA Foods B.V. has revealed that Technology Driven Concepts (TDC), a leading African provider of advanced ingredient solutions and application development,...
Elon Musk'S X Bans EU Commission from Ads after Fine

Elon Musk’S X Bans EU Commission from Ads after Fine

Africa-Press - Angola. X has blocked the European Commission from making adverts on its platform - a move which comes a few days after...
New African Cities Fund to Enhance Urban Tech Solutions

New African Cities Fund to Enhance Urban Tech Solutions

Africa-Press - Angola. The Judith Neilson Foundation has partnered with the Million Lives Collective (MLC) to launch the African Cities Innovation Fund, a new...
Bolttech Acquires Kenya’S Mtek in Rare East African Exit

Bolttech Acquires Kenya’S Mtek in Rare East African Exit

Africa-Press - Angola. Kenyan insurtech mTek has been acquired by Singapore-based unicorn bolttech, marking a rare exit for East Africa in a challenging funding...
I&P Secures €41M for IPAE 3 Fund Supporting Smes

I&P Secures €41M for IPAE 3 Fund Supporting Smes

Africa-Press - Angola. Investisseurs & Partenaires (I&P) announced on Tuesday that it has successfully reached a first close of 41 million euros ($47.7 million)...