Open Startup celebrates its 10th anniversary by launching two new investment initiatives, The Science Road and Openers First, aimed at supporting African deep tech ventures. This move reflects the organization's commitment to fostering innovation and development in the African technology sector.

Google has selected 15 AI-focused startups from various African countries including Nigeria, Kenya, South Africa, Uganda, Tanzania, Senegal, Côte d’Ivoire, and Angola for its Google for Startups Accelerator Africa program. This initiative emphasizes a transition towards scalable and revenue-generating innovations within the continent's tech ecosystem. The startups, which span sectors such as fintech, mobility, healthtech, agritech, and SaaS, completed a three-month hybrid program.

On June 18, 15 AI-focused startups from various African countries, including Nigeria, Kenya, South Africa, Uganda, Tanzania, Senegal, Côte d’Ivoire, and Angola, graduated from the Google for Startups Accelerator Africa programme, which is a three-month hybrid initiative.

The Standard Chartered Foundation, in collaboration with the Enterprise Development Centre and Village Capital, has announced the top 11 finalists for the Women in Tech Accelerator Nigeria, Cycle 7. This initiative aims to support and empower women entrepreneurs in the technology sector, fostering innovation and growth in the industry.

4G Capital has provided over $1 billion in loans to small businesses in Kenya and Uganda, reflecting a growing need for working capital among entrepreneurs often excluded from traditional financing. Since its inception in 2013, the Nairobi-based fintech has served approximately 800,000 customers and issued more than 7.6 million short-term loans.

Google and Akuna Group have launched a $1 million initiative to support underrepresented creators in Africa by providing education in artificial intelligence and access to advanced digital tools. This partnership was announced during Google Cloud’s first Summit in Africa, held in Johannesburg, and is part of Google’s broader mission, "Building for Africa," aimed at enhancing opportunities for African talent.