News
India Africa Entrepreneurship and Investment Summit returns for its fifth edition in Nairobi
India Africa Business Network (IABN) announced the fifth edition of the India Africa Entrepreneurship and Investment Summit will be hosted in Nairobi, Kenya, from 17–18 July 2025. This invite-only exc...
More than 20 Central Asian startups operating in the UAE
In collaboration with EA Group, MA7 Ventures, BGlobal Ventures, KPMG, and dealroom.co, RISE Research has conducted a comprehensive research on Central Asia’s venture capital market. According to...
SoftBank acquires Ampere Computing for $6.5 billion
SoftBank announced the acquisition of Ampere Computing, a leading independent silicon design company, for $6.5 billion. Ampere will operate as a wholly-owned subsidiary of SoftBank Group and retain it...
Use of LLMs can boost AI-driven innovation in startups
New applied research by the American University of Ras Al Khaimah (AURAK) has revealed that the use of large language models (LLMs) can dramatically accelerate the growth and productivity of startups....
PlaysOut secures $7 million to expand mini-game ecosystem
PlaysOut, a mini-game platform, has raised $7 million in seed funding to expand its ecosystem, foster strategic partnerships, and enhance its market presence. OKX Ventures led the funding round, which...
ORO Labs raises $1.5 million in a pre-seed funding
ORO Labs, a tokenised gold protocol built on Solana, has raised $1.5 million in a pre-seed funding round to turn gold into a liquid, composable, and income-generating asset.
Grinta acquires Citi Clinic to expand its footprint
In a landmark move, Grinta, a prominent healthcare and pharmaceutical solutions company, has acquired Citi Clinic, a well-regarded primary healthcare service chain in Egypt. This acquisition brings wi...
Ibtikar Fund announces investment in MENA Analytics
Ibtikar Fund announced its investment in MENA Analytics, an innovative market research and data analytics company transforming how businesses in the MENA region access and utilize market intelligence....
African Business Heroes crowned at the ABH Summit
Africa’s Business Heroes (ABH) Prize Competition, a philanthropic initiative sponsored by the Jack Ma Foundation and Alibaba Philanthropy, has announced the grand prize winner of its sixth annua...