cat

Hyderabad‑based fintech startup Kalpi has raised ₹3.75 crore in a seed funding round led by Rainmatter Capital, marking a significant milestone in its journey to build a systematic investing platform for both institutional and retail investors. Founded in 2025 by Ashwar Gupta, Kalpi enables users to create, test, automate, and implement quantitative investment strategies across… [Read More]

Bain Capital has closed its latest Asia‑focused private equity fund, Bain Capital Asia VI, at $US 10.5 billion ($13.94 billion) — marking one of the largest regional fundraises in recent years and underscoring strong investor confidence in the firm’s 20‑year‑old Asia platform. The Boston‑based investment firm will deploy the fund across Australia, Japan, India, South Korea, and China, targeting opportunities in technology, industrials, consumer,… [Read More]

Finnfund has committed $15 million to the first‑ever Nature Bond issued by Ecobank Transnational Incorporated (ETI), a groundbreaking financial instrument designed to mobilize up to $450 million for sustainable agriculture, biodiversity, and water infrastructure projects across sub‑Saharan Africa. Aligned with the International Capital Market Association’s (ICMA) Nature Bond framework, launched in 2025, the initiative represents a major… [Read More]

AU‑Startups has announced that its Dealflow program is now open on a rolling basis for African tech founders raising between $25,000 and $1 million across Pre‑seed, Seed, and Series A stages. The initiative offers founders a streamlined path to connect directly with investors actively deploying capital into African technology ventures. Unlike traditional accelerators or demo‑day formats, AU‑Startups Dealflow operates… [Read More]

Admaius Capital Partners has unveiled its second pan‑African investment vehicle, the Virunga Africa Fund II, targeting $500 million in growth equity across five key markets — Egypt, Kenya, Morocco, Rwanda, and South Africa. The fund, which includes a proposed $25 million commitment from the International Finance Corporation (IFC), will focus on mid‑ to large‑cap companies in high‑growth sectors such… [Read More]

Africa’s private capital markets saw a strong recovery in the first quarter of 2026, with disclosed investor commitments reaching $870 million, signaling renewed confidence and evolving investor preferences. The rebound was driven by institutional interest and a shift toward venture capital (VC) transactions, which outpaced private equity (PE) by volume, accounting for 36% of all commitments. While… [Read More]

Startup investment across the Middle East and North Africa (MENA) surged in April 2026, reaching $150 million across 27 transactions, a 211 percent increase from March, according to Wamda data. The rebound signals renewed momentum but also highlights investor caution, with nearly half of the total raised through debt financing in just two deals — reflecting a preference for… [Read More]

Arada, the UAE‑based master developer, has unveiled plans to build an 800‑bed healthcare network with a total investment of AED 2 billion ($544.5 million). The initiative marks a major step in the company’s strategy to diversify revenue beyond residential development. The expansion follows Arada’s acquisition of a controlling stake in Reem Hospital in Abu Dhabi. The investment will fund the… [Read More]

As Africa moves closer to embracing nuclear energy as part of its clean‑power transition, funding challenges remain a major obstacle. At the Nuclear Energy Innovation Summit for Africa (Neisa) held in Kigali, leaders and financiers discussed how to unlock investment for nuclear projects amid rising electricity demand and limited capital access. Rafael Grossi, Director‑General of the… [Read More]

The Africa Centres for Disease Control and Prevention (Africa CDC) has announced that the joint continental response plan to the ongoing Ebola outbreak in the Democratic Republic of the Congo and Uganda will cost $318.97 million over six months. The budget, approved for the June–November 2026 period, involves all 55 member states of the African… [Read More]

Orange Côte d’Ivoire and the United Nations Development Programme (UNDP) have launched a joint initiative to expand digital training and youth employability across Côte d’Ivoire. The partnership, formalized through a memorandum of understanding signed in Abidjan, focuses on empowering young women and vulnerable populations through digital education, entrepreneurship support, and innovation hubs. The program will… [Read More]

Togo and Poland have signed a financing agreement worth €24 million ($27.8 million) to establish Africa Drone Company, a landmark initiative aimed at developing local drone design, assembly, and deployment capabilities. The agreement was finalized during the official visit of Krzysztof Gawkowski, Poland’s Deputy Prime Minister and Minister of Digital Affairs, to Lomé. The project… [Read More]

Three African organizations — Biolinx Africa, YTO Foundation, and Nextgen Molecular Lab — have pooled $3.5 million in African capital to finance a large‑scale genomics project in Kenya and Côte d’Ivoire. The initiative, announced at the World Health Summit Regional Meeting in Nairobi, marks a milestone in African‑funded scientific infrastructure. The partnership will acquire an… [Read More]

Africa faces a defining financial crossroads as aid declines and debt pressures mount. Two major reports released in early 2026 — one by McKinsey & Company and another by the African Development Bank (AfDB) — reveal a shared diagnosis but diverging prescriptions for how the continent should close its $200 billion fiscal gap. McKinsey estimates that cuts to official development assistance could… [Read More]

Mercury, a leading digital banking platform designed for startups and AI‑focused companies, has successfully raised $200 million in Series D funding, boosting its valuation to $5.2 billion. The round highlights the growing demand for fintech solutions tailored to the needs of technology‑driven enterprises. Serving more than 300,000 customers, including high‑profile AI companies such as ElevenLabs… [Read More]

The UK venture capital market has doubled its performance in the first four months of 2026, reaching $10.5 billion in total funding, according to new data from GlobalData. The surge places the country firmly inside the global top five and well ahead of the rest of Europe, driven largely by three record‑breaking rounds from Nscale, Wayve, and Ineffable Intelligence…. [Read More]

The Association of Pacific Rim Universities (APRU) has been honored with the Best Use of EdTech in Higher Education award at the inaugural ETIH Innovation Awards 2026, recognizing its groundbreaking Tech Policy Hackathon 2025 for redefining how technology and policy intersect in student learning. The hackathon brought together 299 students from 36 universities across 12 Asia‑Pacific economies, with 56 finalists competing in Bangkok…. [Read More]

The Bill & Melinda Gates Foundation Trust has made a major portfolio shift, selling its remaining Microsoft shares and reallocating investments toward two long‑held value stocks that now make up 43 percent of its $33 billion portfolio. The foundation, which funds global health, education, and poverty‑reduction initiatives, continues to favor value‑driven companies with strong fundamentals over high‑growth tech stocks. The move aligns… [Read More]

Australia’s digital and connected health sector is facing a critical funding shortfall, according to new data released by ANDHealth, the nation’s health commercialisation engine. Despite the industry’s rapid growth — projected to surpass A$45 billion by 2033 — access to capital remains a major barrier for startups seeking to scale. ANDHealth’s FY2026 Industry Sentiment Survey found that… [Read More]

The Libra Trust has announced plans to distribute nearly $110 million to 71 Argentine companies, marking a significant move to repurpose funds from the defunct Libra crypto token project. The initiative aims to support business growth and compensate victims affected by the token’s collapse. The funds were transferred by Hayden Davis, the alleged creator of the Libra… [Read More]

Private equity firm Oister Global has announced the launch of its ACE Fund III, with a corpus of Rs 500 crore. The new fund will focus on investing in growth-stage companies across sectors such as technology, consumer, healthcare, and financial services. The firm said ACE Fund III is designed to provide capital and strategic support to businesses… [Read More]

The Pensacola International Airport in Florida is set for a significant upgrade following the approval of $9 million in federal funding. The investment will help expand terminal facilities, enhance passenger services, and support the airport’s long‑term growth strategy as travel demand continues to rise across the Gulf Coast region. The funding, part of the Federal Aviation… [Read More]

Aboard, a Southern California‑based startup redefining modern mobile living, has completed its Pre‑Series A funding round, bringing total investment to $13 million. The round was led by Ondine Capital and Llama Ventures, supporting Aboard’s next phase of growth as it prepares its extended‑range electric travel trailer for mass production. The company said the funds will be used to finalize… [Read More]