Browsing: innovation

Artificial intelligence is driving a rebound in venture capital (VC) funding and research and development (R&D) spending, while emerging economies continue to show innovation growth alongside traditional innovation leaders, according to WIPO’s Global Innovation Index 2026.

African startups raised about $1.44 billion in the first half of 2026, but the small cheques that start companies are disappearing. Rounds below $500,000 made up just 19% of deals, down from 52% in H1 2021, and only 190 ventures raised more than $100,000, the lowest tally since at least 2021. Disclosed grants are thinning…