Learn about Baobab Network's acquisition of Reflector Marketing, a South African consultancy specializing in branding and strategic marketing for startups. Discover how this move enhances support for African entrepreneurs and acce...
Learn how BasiGo, a pioneering electric mobility startup, plans to ramp up production of electric buses in Kenya and Rwanda with a $3 million investment from CFAO Group. Explore their innovative financing model and impact on susta...
Safaricom partners with WRC as the official technology sponsor for the Easter Safari Rally in Naivasha, Kenya, injecting KES 36 million into the event. The sponsorship includes internet coverage with Cell on Wheels and support for...
Bolt launches an Accelerator Program in Kenya, offering drivers and riders the opportunity to pitch innovative business ideas aligned with sustainable transport. Participants stand to receive seed funding and mentoring support to ...
Float, a South African fintech, has received $11 million in funding from Standard Bank to grow its innovative card-linked instalment platform, encouraging responsible credit card usage while boosting sales for merchants.
MDaaS Global, a healthcare startup in Nigeria, secures $3 million funding to expand its diagnostic services with BeaconOS, a digital platform aimed at revolutionizing healthcare delivery. Partnering with Aruwa Capital Management, ...
Explore Ring Africa, the latest venture by Ring Capital, a EUR50 million impact investment fund designed to empower startups in French-speaking West Africa. Discover how this fund supports entrepreneurs addressing climate change, ...
Kenya and the UAE join forces for an innovative initiative, signing an MoU to develop the first geothermal-powered data center. The collaboration between EcoCloud and G42 aims to leverage Kenya's untapped geothermal potential, ini...
Partech Africa has successfully closed its second fund, Partech Africa II, at €280 million ($300 million+), reinforcing its position as the largest fund dedicated to African startups. In a challenging investment landscape, with ...
Xalts, a Singapore-based fintech startup, has acquired Contour Network, a digital trade platform established by major banks like HSBC and Standard Chartered. Xalts, backed by Accel and Citi Ventures, facilitates the development of...
Homebrew, a venture capital firm based in San Francisco, is reportedly targeting $50 million for a new fund, as indicated by a recent filing with the U.S. Securities and Exchange Commission. This development comes as a bit of a su...
Discover Ilara Health, a leading health-tech company in Kenya, securing $4.2 million in a pre-Series A round from DOB Equity, Philips Foundation, and others. Specializing in diagnostic devices and pharmaceutical products, Ilara He...
Discover how Cynoia simplifies collaboration with its all-in-one platform, integrating chat, email, video conferencing, and more. Join thousands of users across nine countries and explore their plans for expansion in West Africa a...
Explore the strategic acquisition of Orcas, an Egyptian online tutoring startup, by Baims, a Kuwaiti ed-tech company, aiming to revolutionize the MENA education market. Learn about their plans to offer personalized learning soluti...
Koree, a Cameroonian fintech, secures $200,000 in pre-seed funding to expand its digital wallet and cashback rewards platform, addressing challenges in cash-based economies. Discover how Koree aims to grow its merchant network, us...
Discover how Egyptian ed-tech startup iSchool secured $4.5 million in funding to expand across MENA, establish a global presence, and enhance its online coding platform.
Ampersand, a Kigali-based electric transport energy company, raises $19.5 million in funding to expand its fleet of cost-effective electric motorcycles across East Africa. The funding, led by Ecosystem Integrity Fund (EIF), suppor...
Explore how TikTok's substantial investment of $1.49 million in Kenya's SME sector is set to empower local businesses through loans, grants, training, and mentorship. Uncover the potential impact on over 500 SMEs, job creation, an...
Discover how Maka, a Nigerian fashion and beauty e-commerce platform, raised $2.65 million in pre-seed funding to revolutionize shopping experiences in Africa. Explore its user-generated content model and plans for growth.
WIC Capital, led by Evelyne Dioh Simpa, has secured a $1 million loan from FSDAi to fuel the growth of women-owned MSMEs in Senegal and Ivory Coast. With a focus on providing not just financial support but also business training a...
