The UK government has launched an initiative to strengthen science, technology, and innovation systems across West Africa, with a new £1.9 million ($2.5 million) funding package. The initiative, named Sankore, was announced by Lord Collins, UK Minister for Africa, at a press conference in Accra. This project is part of the West Africa Research and Innovation Hub (WARIH), designed to support economic growth in the region by driving innovation and strengthening digital services. Focus on Ghana and Nigeria The Sankore project will primarily focus on Ghana and Nigeria, two of
This article is sponsored by Morgan Stanley Inclusive Ventures Lab The Morgan Stanley Inclusive Ventures Lab (MSIVL) is proving that inclusion really does fuel innovation. Since 2017, Morgan Stanley’s in-house startup accelerator has helped over 100 companies raise over $200 million and reach a collective valuation of more than $1 billion. MSIVL provides early-stage technology and technology-enabled startups with $250,000, handpicked mentors, custom curriculums in finance, sales, and marketing, and a coveted opportunity to pitch to investors following their five-month accelerator participation on a Demo Day, setting founders up for
Uncap has launched Unconventional Capital, a new €30 million (USD 33.4 million) fund to provide early-stage African small and medium-sized enterprises (SMEs) with alternative financing. Backed by major institutions like the Bill & Melinda Gates Foundation and the Bayer Foundation, the fund will focus on high-impact sectors such as agriculture, climate resilience, and financial inclusion, driving economic development across Africa. A New Approach to Financing Based in Munich and Nairobi, Uncap has been working to close the capital gap for African businesses since 2019, using a remote, data-driven approach. The
In this episode of Techish Podcast, Abadesi and Michael discuss Ticketmaster is corrupt Finding balance as a content creator Serena Williams investments – 14 out of 60 are now unicorns Founder Mode and more! Listen to the episode You can find the Techish podcast on Spotify, Apple, and all good podcast apps. Watch On YouTube
Myles Garrett, the Cleveland Browns’ defensive end, is investing in Johnson Energy Storage (JES), a company founded by former NASA scientist and National Inventors Hall of Fame inductee Dr. Lonnie Johnson. JES focuses on developing energy storage solutions, particularly a solid-state battery designed to outperform traditional lithium-ion technology. Garrett’s unexpected move into the tech world is driven by a shared vision with JES to innovate and make a long-lasting impact on environmental sustainability. “It’s a privilege to partner with Johnson Energy Storage to support their mission of transforming energy storage,”
Slauson & Co, an early stage venture capital firm rooted in economic inclusion, has announced the close of its $100 million Fund II. The fund is significant increase from its previous $75 million fund and signals continued investor appetite for inclusive venture capital despite economic challenges. Focus on Representation and Inclusion Founded by Ajay Relan and Austin Clements in 2020, Slauson & Co. has always championed diversity, backing early-stage companies across sectors such as SaaS and consumer technology. “We invest in everybody,” Relan told TechCrunch, adding that the firm wants
In a revelation, Sean “Diddy” Combs has been identified as one of the investors in X Corp, the company owned by Elon Musk that acquired the social media platform formerly known as Twitter. The disclosure came as part of a federal court ruling, unsealing a list of shareholders connected to Musk’s $44 billion purchase of the platform in 2022. Court Order Unseals X Corp’s Investors The court-ordered disclosure revealed nearly 100 investors, including high-profile names like Bill Ackman, Larry Ellison, and Marc Andreessen. Among them, Sean Combs Capital, one of
New York Giants defensive end Kayvon Thibodeaux has been named a venture partner in The Collectiv, a new $20 million venture capital fund focused on early-stage sports tech companies and emerging leagues. Strategic Investment for Life After Football Thibodeaux’s partnership with The Collectiv reflects his broader ambition to establish a strong business presence while still actively competing in the NFL, as first reported by Spotico. The fund, which aims to raise $20 million over the next six months, includes a consortium of athletes, sports executives, and industry leaders from major
Vista Equity Partners (Vista), under the leadership of Robert F. Smith, has acquired JAGGAER, a global leader in enterprise procurement and supplier collaboration software. This acquisition comes on the heels of Vista’s recent milestone—a record $20 billion raised for its eighth flagship fund, marking the largest fundraising in the firm’s history. A Strategic Acquisition in the AI-Driven Procurement Space JAGGAER, known for its AI-enabled procurement solutions, serves over 1,400 customers worldwide, offering a platform that optimizes sourcing, spend management, and supply chain visibility. This acquisition aligns with Vista’s strategy of
The Business Development Bank of Canada (BDC) is investing $200 million CAD ($140 million USD) in Indigenous and Black-led businesses to promote inclusive economic growth. The government-owned bank is also launching a $50 million ($36 million USD) financing and training program for women, Indigenous, and Black entrepreneurs. Investing in Indigenous and Black entrepreneurs This investment is part of the BDC’s strategy to address longstanding barriers faced by underrepresented entrepreneurs and to promote a more diverse and resilient entrepreneurial landscape in Canada. The $200 million CAD investment will be channeled through two
