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Meta Expands AI Tools for Small Businesses, But Leaves WhatsApp Out
Meta has expanded its AI tools for small businesses, allowing companies to connect Facebook and Instagram accounts, advertising campaigns and Google Workspace applications to Meta AI for performance analysis, reporting and competitive research.

Egyptian fintech SETTLE raises $2m to help businesses manage their payments
Egyptian fintech SETTLE has raised $2 million in pre-seed funding to help businesses manage payments, receivables and treasury operations from a single platform. The round was led by Shorooq Partners, with El Sewedy Capital Holding, Acasia Ventures and Plus VC also participating.

Côte d’Ivoire Partners With Mistral AI to Develop Local AI Applications
The Ivorian government has entered into a strategic partnership with French artificial intelligence company Mistral AI to develop AI applications for public services and key economic sectors.

Kylian Mbappé-Backed Alan Acquires Senegalese Healthtech Company Tanel
French health-technology company Alan has acquired Senegalese insurer Tanel Health, giving the €5.5 billion ($6.3 billion) company an immediate presence in Senegal and Côte d’Ivoire.

Breaking News Today - Thursday 3 September 2026
Business news, Market data and African Startup Business News Daily

Cascador selects 10 Nigerian businesses for its 2026 ScaleUp programme
Cascador selects 10 Nigerian businesses for its 2026 ScaleUp programme — what it actually costs, who it squeezes out, and the moves an early-stage founder can borrow this quarter.

China is using open-source technology to reduce its reliance on the West
China is using open-source technology to reduce its reliance on the West — what it actually costs, who it squeezes out, and the moves an early-stage founder can borrow this quarter.

How to register a business in South Africa
How to register a business in South Africa — what it actually costs, who it squeezes out, and the moves an early-stage founder can borrow this quarter.

Microsoft Appoints Angela Nganga as East Africa Country Lead
Microsoft has appointed Angela Nganga as its Country Lead for East Africa, placing the technology executive in charge of the company's engagement with governments, businesses and technology partners across the region.

Nigeria built a stock market board for tech companies. No one has listed yet
Nigeria built a stock market board for tech companies. No one has listed yet — what it actually costs, who it squeezes out, and the moves an early-stage founder can borrow this quarter.

Kenya Moves to Digitise Cargo Clearance at Port of Mombasa
Kenya is introducing new digital and operational measures to speed up cargo clearance at the Port of Mombasa, with the Kenya Revenue Authority (KRA) and Kenya Ports Authority (KPA) rolling out pre-arrival processing and testing automated gate operations.

Uber leaves Nigeria: what happens to the drivers and small businesses built around it?
Uber leaves Nigeria after 12 years — what it actually costs, who it squeezes out, and the moves an early-stage founder can borrow this quarter.

OPay Applies for Digital Banking Licence in Egypt
OPay has applied to the Central Bank of Egypt (CBE) for a licence to establish a digital bank, marking a further expansion of the fintech's operations in one of Africa's largest financial markets.

NASENI Launches Xceler8 Accelerator for Nigerian Innovators
The National Agency for Science and Engineering Infrastructure (NASENI) has launched Xceler8, a three-month virtual accelerator designed to help Nigerian innovators

Why Brent is around $96 and not $140 Today
Analysis of the Oil Price Spikes and the Adaptions Africa has Made to Meet this Challenge

Breaking News Today - Wednesday 2 September 2026
Business, Market and African Startup News

BimaLab Africa Launches Returnable Grants for Insurtechs Startups
BimaLab Africa has launched a returnable grant programme to help African insurtech startups move from accelerator programmes into commercial partnerships and investment.

Angolan Startup KambaWork Launches Digital Platform for Jobs and Opportunities
Angolan startup KambaWork has launched a digital platform bringing together employment opportunities, internships, volunteering, scholarships, courses and micro-work opportunities in one place.

Energean Eyes $1 Billion BP Gas Asset Deal in Egypt
Energean is in exclusive talks to acquire part of BP’s Egyptian gas portfolio in a transaction valued at about $1 billion, according to a Reuters report published on August 27.

Grey adds yuan payments for African businesses buying from China
Grey has launched Chinese yuan payments, allowing customers to pay bank accounts in China directly from their Grey balances.
