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After YC announced a new standard deal two weeks ago, investors in Africa seem to be optimistic about their willingness to back founders long term.

Electric vehicles are still rare in Africa. But as production costs fall and oil prices rise, investors & governments look to the nascent EV market.

Microsoft is set to buy Activision Blizzard, the company behind video games like Call of Duty, World of Warcraft, and Candy Crush, in a nearly $70B deal.

Savings and credit cooperative organizations (Saccos) in Africa is fast digitizing to bring financial inclusion to all Sacco members through fintech.

Warner Music Group has bought a majority stake in African music distributor Africori, in a move that could make Warner the top music distributor in Africa.

Afrikrea, the Ivorian e-commerce platform for “all things made of Africa,” has raised $6.2 million in a pre-Series A round.

Airtel Africa is spinning off its mobile money arm in a strategy its CEO, Vimal Kumar, says seeks “to unleash the power of mobile money.”

After a successful first edition, the 2nd edition of the ANC Investors’ Summit has outlined several promising new opportunities for investors in 2022.

In 2021, nine African startups each raised at least $100 million in different rounds to herald a new regime of ‘mega-round’ startup funding in Africa.

The Nigeria Startup Bill (NSB) has been approved by the Federal Executive Council and is en route to the National Assembly to become law.

In the latest development, Abuja- and Lagos-based Ventures Platform has announced the first close of its $40 million pan-African fund.

African mobility fintech, Moove, has launched operations in Nairobi, its first city in East Africa and sixth overall on the continent.