Day: May 5, 2025
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Egypt’s MoneyFellows Raises $13 Million to Boost Expansion and Reinvent Group Savings in Africa
Egyptian fintech startup MoneyFellows has secured $13 million in a pre-Series C investment round to support its growth beyond Egypt and enhance its digital savings platform.
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Dubai and South Africa Launch AI Investment Hub to Link Africa with Global Markets
A new AI-focused trade and investment hub has been launched through a partnership between the Dubai Centre for Artificial Intelligence (DCAI) and the South African Artificial Intelligence Association (SAAIA).
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From Medicine to Tech: Dr. Emmanuel Okeleji Is Revolutionizing HR in Africa
Dr. Emmanuel Okeleji is a Nigerian medical doctor turned tech entrepreneur. He is best known as the co-founder and CEO of SeamlessHR.
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AfDB Backs Zambeef with $32 Million Guarantee to Scale Food Production and Support Local Farmers
The African Development Bank Group (AfDB) has approved a Zambian Kwacha-backed Risk Sharing Credit Guarantee worth $32 million to help finance Zambeef Products Plc’s $100 million expansion plan in Zambia.