Debt boom lifts Africa startup funding to $600m in Q1 2026 - Business News Nigeria

AI-powered recruiting startup Dex secured a $5.3 million seed funding round, led by Notion Capital, to expand its automated hiring tools. This investment will help companies streamline recruitment processes using AI. AI-assisted, human-reviewed

Ohio has launched a new funding initiative to boost tech startups and commercialization efforts, aiming to stimulate innovation and economic growth in the state. Local entrepreneurs and emerging tech businesses are the primary beneficiaries of this initiative. AI-assisted, human-reviewed

Retailers may soon use HR chatbots to streamline employee onboarding and training by 2026, potentially cutting costs and improving efficiency. This could benefit large retail chains managing high turnover rates. AI-assisted, human-reviewed

The Indian Institute of Technology (IIT) Madras has successfully incubated over 100 startups for the second consecutive year, fostering innovation and entrepreneurship among its students and alumni. This achievement highlights the institution's commitment to supporting the growth of new businesses and ideas. AI-assisted, human-reviewed.

Battery Smart secured $15 million in debt financing to expand electric vehicle battery-swapping stations across India, aiming to accelerate EV adoption in underserved areas. The funding will benefit urban commuters and logistics providers seeking reliable charging solutions. AI-assisted, human-reviewed

Retailers are adopting AI-powered HR chatbots to streamline employee onboarding and training by 2026, reducing administrative burdens and improving efficiency for staff and HR teams. This shift impacts retail operations and workforce management. AI-assisted, human-reviewed