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Sun King Secures $7M in Debt Funding from Lendable to Further Expand Across Africa

Sun King Secures $7M in Debt Funding from Lendable to Further Expand Across Africa

Sun King, formerly Greenlight Planet Inc., the world’s leading off-grid solar energy company catering to Africa and Asia, has recently announced raising an unsecured loan of $7 million from Lendable, a leading provider of debt to fintech companies in emerging and frontier markets. The investment, according to SunKing, will

Ikpeme Neto of Wellahealth Wins the 5th Edition of Africa’s Business Heroes Prize

Ikpeme Neto of Wellahealth Wins the 5th Edition of Africa’s Business Heroes Prize

In celebration of innovation and entrepreneurship, the fifth edition of Africa’s Business Heroes (ABH) concluded with Dr. Ikpeme Neto, the CEO and Founder of Wellahealth Technologies from Nigeria, clinching the coveted first place. ABH, a philanthropic initiative driven by the Jack Ma Foundation and Alibaba Philanthropy, aims to empower

Coinbase and Yellow Card Partner to Expand USDC Access in Africa

Coinbase and Yellow Card Partner to Expand USDC Access in Africa

Coinbase, a US-based cryptocurrency exchange platform, and Yellowcard, a pan-African stablecoin exchange, have announced a groundbreaking partnership aimed at expanding access to USDC and digital assets in 20 African countries. Announcing the partnership, Coinbase said in a Jan. 11 statement, “Our new partnership [...] will help usher in the future of

Call for Application: Transparent Collective Batch 10 is open.

Transparent Collective

Call for Application: Transparent Collective Batch 10 is open.

Transparent Collective has opened applications for Batch 10 of its TC Early Stage and Showcase program, and it will be held in person between March 24 to March 28, 2024. The application is open to early-stage founders of color and womxn founders within the US. Transparent Collective is a non-profit

Tunisian Cynoia Raises $930K to Expand into the West African Market

Tunisian Cynoia Raises $930K to Expand into the West African Market

FriendyM Receives $2M Investment, Launches Auto Maintenance and Management App in Egypt

FriendyM Receives $2M Investment, Launches Auto Maintenance and Management App in Egypt

EIB Global Leads $30M Equity Investment in Seedstars Africa Ventures to Boost African Startups

EIB Global Leads $30M Equity Investment in Seedstars Africa Ventures to Boost African Startups

Coronation Group-Backed Woven Finance Shuts Down Operations, Transfers Services to Access Bank's Hydrogen

Coronation Group-Backed Woven Finance Shuts Down Operations, Transfers Services to Access Bank's Hydrogen

Kuwaiti Edtech firm Baims Acquires Egyptian Online Tutoring Startup Orcas to Expand into MENA

Kuwaiti Edtech firm Baims Acquires Egyptian Online Tutoring Startup Orcas to Expand into MENA

Wasoko and MaxAB to Lay Off 10% of Their Combined Workforce as Merger Talks Advance

Wasoko and MaxAB to Lay Off 10% of Their Combined Workforce as Merger Talks Advance

Nigerian Cleva Receives $1.5M in Pre-Seed to Facilitate International Payment for Africans

Nigerian Cleva Receives $1.5M in Pre-Seed to Facilitate International Payment for Africans

Cellulant Names Peter O’Toole as Acting CEO Following Akshay Grover’s Surprise Exit

Cellulant Names Peter O’Toole as Acting CEO Following Akshay Grover’s Surprise Exit

InDrive to Boost Financial Inclusion and Economic Stability for Drivers in Emerging Markets

InDrive to Boost Financial Inclusion and Economic Stability for Drivers in Emerging Markets

Cameroonian Fintech Startup Koree Raises $200k Pre-seed Funding Round to Scale

African Tech Startup Funding Dipped by -39% YoY in 2023

African Tech Startup Funding Dipped by -39% YoY in 2023

Tameed Platform Closes Series A Funding Round of SAR 56.75 Million (USD 15 Million) Led by Alromaih Investment Group

Tameed Platform Closes Series A Funding Round of SAR 56.75 Million (USD 15 Million) Led by Alromaih Investment Group

Tameed is a digital lending platform, founded in 2019 by Mohammed Al Alshaikh and Mohammed Alomayyer. The startup offers Shariah-compliant government purchase order financing for SMEs in Saudi Arabia. Tameed Raises 56.75M SAR (USD 15M) in Series A Funding round lead by Alromaih Group Highlighting investors’ trust, Tameed Digital

Fawry Partners with Simple Touch for Enhanced Digital Payments in MENA’s Restaurant Sector

Fawry Partners with Simple Touch for Enhanced Digital Payments in MENA’s Restaurant Sector

T-Vencubator Fund Launches to Invest in Egyptian Tech Startups

T-Vencubator Fund Launches to Invest in Egyptian Tech Startups

Nigerian Crypto Exchange Celia Aims to Dominate African Crypto Space: Records 1.4M Users Prelaunch

Nigerian Crypto Exchange Celia Aims to Dominate African Crypto Space: Records 1.4M Users Prelaunch

Call for Applications: Afri Women Innovation Grant - Closing Soon

Call for Applications: Afri Women Innovation Grant - Closing Soon

Two African E-commerce Giants, Wasoko and MaxAB, Announce a Historic Merger

Two African E-commerce Giants, Wasoko and MaxAB, Announce a Historic Merger

Why Nigerian Delivery Startup DropX Shuts Down After 2 Years of Operation

Why Nigerian Delivery Startup DropX Shuts Down After 2 Years of Operation

SA Cloudline Raises $6M in Seed Funding for Pioneer Carbon Emissions-Free Autonomous Flight

SA Cloudline Raises $6M in Seed Funding for Pioneer Carbon Emissions-Free Autonomous Flight

Meet 2023 MEST Africa Challenge Top 5 Finalists

Meet 2023 MEST Africa Challenge Top 5 Finalists

Egyptian Edtech Startup iSchool Raises $4.5M for Global Expansion

Egyptian Edtech Startup iSchool Raises $4.5M for Global Expansion