Here’s a closer look at the notable under-the-radar investment activity we’re tracking this month:

South African-founded AI infrastructure company Verascient has raised $1.2 million (R19.5 million) in an oversubscribed seed funding round, with participation from international investors including Founder Collective, Andrena Ventures, Cambridge Enterprise and Summit Ventures . The Cape Town-based startup, founded by South Africans Keagan Stokoe and Emile...

Here’s a closer look at the notable under-the-radar investment activity we’re tracking this month:

South African-founded AI infrastructure company Verascient has raised $1.2 million (R19.5 million) in an...

Commercial International Bank (CIB), Egypt's largest listed bank, has received preliminary approval from the Central Bank of Egypt (CBE) to launch yomo, a standalone digital bank.

The new vehicle will write $1m–$3m tickets into farming and agri-processing companies, backed by IFAD, a private lender consortium and UK development capital.