Chowdeck, a food delivery startup based in Lagos, has raised $9 million in Series A funding. The equity round was led by Novastar Ventures, with participation from Y Combinator, AAIC Investment, Rebel Fund, GFR Fund, Kaleo, HoaQ, and others. The fund will help the company expand in more cities in Nigeria and Ghana and roll out a quick commerce strategy aimed at speeding up grocery and local market deliveries, according to Business Insider Africa. “We’re thrilled about this round as it brings us closer to our vision of becoming Africa’s
Airtel Africa Foundation has announced the launch of its ‘Tech For Her’ Program, an initiative giving young women across Zambia, Uganda, and Kenya skills in tech. The philanthropic arm of Airtel Africa plc will help women gain the necessary knowledge to thrive in industries such as Linux Administration, Cybersecurity, and Data Analytics. Those eligible to take part in the program will complete over 100 hours of intensive training through a flexible learning model that includes weekend classes for working professionals and weekday sessions for non-working participants. The initiative aligns with
IFC, a member of the World Bank Group, and Proparco, a member of the World Bank Group, announced an equity investment of up to $50 million in Helios Sports and Entertainment (“HSEG”), an investment vehicle dedicated to sport, media and entertainment across Africa. HSEG aims to foster a more dynamic sport and entertainment ecosystem in Africa by collaborating with its four partners: NBA Africa, The Malachite Group (Afro Nation), PFL Africa, and Zaria Group. IFC and Proparco invest in African sport The IFC commited $30 million of the equity investment,
Kava, a Nollywood streaming platform, is set to launch in August 2025 with over 30 Nollywood titles. The platform is a partnership between Inkblot Studios and Filmhouse Group, according to Deadline. “Kava is more than a streaming service. It’s a bold new chapter for Nollywood, designed to meet the growing demand for premium, authentic African content and to redefine how the world experiences our stories,” Kava Co-CEO Chinaza Onuzo said. “By giving both rising and establishing talent a trusted, lucrative stage to tell their stories, we’re building a platform that doesn’t
Google will invest $37 million across Africa to expand artificial intelligence developments on the continent. A majority of the funds will be allocated to enhance food security and expand digital access in local languages, with $25 million being invested in an AI Collaborative for Food Security. This initiative will help African researchers and nonprofits create AI tools that tackle hunger, climate-related crop threats, and farming inefficiencies, according to TechPoint Africa. The program aims to safeguard millions of smallholder farmers against damaging economic and environmental shocks by leveraging AI in early
The Digital Law Company has applied to hold Meta Platforms in contempt of court after it did not provide data on individuals who posted harmful content about South African school children on WhatsApp. If Meta does not comply with the order to release the alleged perpetrators’ data, the law firm wants the judge to jail Thabo Makenete, Meta’s public policy head for Southern Africa. This came after the Digital Law Company received an urgent court order, urging Meta to remove explicit content and share identifying details, such as names, emails,
Nigerian open banking startup Okra will return three years of runway to investors, as reported by Techpoint. The company was founded in 2019 to build APIs helping people securely access their bank accounts from third-party apps. However, the company shut down following the departure of its CEO, Fara Ashiru. Okra still had three years of runway before it would return to its investors. Ashiru did not disclose the amount that would be returned, and Okra has not provided the exact amount that would be returned to investors; however, Techpoint estimated
Owolabi Salis, a Nigerian lawyer, was on the six-man crew of Blue Origin’s 13th human spaceflight for the New Shepard program. The flight lasted 10 minutes and reached a peak altitude of 105.2 kilometres, crossing the Kármán line, the internationally recognized boundary of space, according to a press release. Who is Owolabi Salis? Salis is a lawyer and politician who has now become the first Nigerian to travel to space. The lawyer who comes from Ikorodu, Lagos, described his journey as a “convergence of science and spirit.” “This mission is more
Liquify, a woman-owned trading finance platform, has secured $1.5 million in seed funding. Future Africa led the raise, with participation from Launch Africa Ventures, 54 Collective, Digital Africa, Equitable Ventures, and angel investors. The Ghanaian company was founded by Nadya Yaremenko and Alberta Asafo-Asamoah in 2023 to connect small and medium-sized enterprises (SMEs) in Africa with global capital markets. How does Liquify work? The startup operates an invoice finance marketplace that connects African SME’s with global capital markets. Its platform exports allow exporters to turn unpaid invoices into same-day cash, and international investors can receive
Akon’s plans to build a multibillion-dollar city development in Senegal have been scrapped by the country’s authorities, according to Bloomberg. Serigne Mamadou Mboup, head of the Senegalese tourism authority Sapco, said, “The Akon City project no longer exists,” and shares that the plans will now be replaced with a more realistic partnership with Akon. Akon’s plan for a futuristic city in Senegal Akon first shared plans for the city in 2018. It’s designed to feature futuristic skyscrapers and pan-African symbolism, which was compared to Wakanda, Marvel’s fictional African nation from
