Ambo Ventures, a pan-African Venture Capital firm that is focused on the content’s green economy has announced it raised $50m fund to invest in seed stage, Series A and
Toronto-headquartered Nigerian mobility startup Plentywaka, has today announced that it has changed its name to Treepz as it bids to make significant shift in its business in the African region.
Kenya’s Hello Tractor and Nigeria’s ColdHubs have been named winners of the inaugural AYuTe Africa Challenge. Their success in the challenge means they will receive a combined $1.
Kenyan mobile money platform, M-Pesa has announced a milestone of 50 million active users across Africa. Making it the most popular mobile money platform in the continent, and Africa’s
Egyptian fintech super app, MNT-Halan has closed a $120 million funding round from major global and regional growth investors to enhance its product and expand internationally.
The investment – which is
Ride-hailing platform, Didi, has began operations in South African and Egypt. The mobility startup began operations in South Africa on August 23 and launched in Egypt on 29 August.
In
Pezesha, a Kenyan fintech startup that is currently building a scalable lending infrastructure for SMEs and institutions, has announced the raise of a seven-figure seed extension round to expand its
In a bid to support high-impact business leaders with access to fundraising support, mentorship, partnership, and strong peer network, Endeavor Nigeria has selected 4 startups to participate in the inaugural
Nigerian Fintech startup Prospa has announced it raised $3.8m in a pre-seed funding round.Liquid 2 Ventures and Global Founders Capital led the round. Other participants were both global
U.S. and Senegal-based mobile money provider, Wave has announced the raise of a $200 million Series A financing. This landmark investment shot the valuation of the independent mobile money
P&O Maritime Logistics and IO Materials Services (IOMS) have announced the launch of local offshore delivery startup ‘FlexDELIVERY’ in Nigeria.
FlexDELIVERY has been launched to provide integrated last-mile
The Financial Times in partnership with Swiss-based venture firm Seedstars has invited African startups to apply for the first FTxSDG Challenge.
The FTxSDG Challenge aims to empower promising, impact-driven startups