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
UK lawmakers are being urged to pass legislation that would protect whistleblowers who expose employers violating DEI laws, as reported by The Guardian. The proposal was made by the Black Equity Organisation (BEO), a civil rights group, as it awaits the publication of the Equality, Race and Disability Bill, which is expected later this year. If the bill comes into effect, employers with over 250 staff workers would be obligated to show whether white and non-disabled staff are paid more than Black, minority ethnic, and disabled employees. It would also
Live facial recognition (LFR) technology will be deployed at Notting Hill Carnival, London’s Metropolitan Police has announced. Police will use LFR cameras to scan for individuals marked as being wanted on the Police National Computer and carry out “pre-emptive intelligence-led arrests and searches” of people believed to have weapons or sell drugs. Facial recognition at Notting Hill Carnival Facial recognition is part of the Metropolitan Police’s plan to cut crime at this year’s carnival. The cameras will be placed on the way to and from the event, The Independent reports. Deputy Assistant
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
The British Business Bank (BBB), the UK Government’s economic development bank, has announced a new £500 million ($674 million) economic package to back diverse and emerging fund managers. The initiative aims to address the significant gap in venture capital investment for underrepresented founders and investors, which is often attributed to industry biases, closed networks, and limited diversity among investors. Investing in women-led funds Investing in female and ethnic minority-led businesses could add 13% to the value of the UK equity market, according to the 2025 The Investing in Women Code report. Additionally,
