Your cart is currently empty!
Author: Fred Kennedy
-
Admaius Capital Partners Invests in Egypt’s Biopharma Leader Minapharm
Admaius Capital Partners has officially invested in Minapharm Pharmaceuticals, marking a major step in supporting Africa’s biopharmaceutical industry.
-
Sun King Secures $156 Million to Power 1.4 Million Kenyan Homes with Solar Energy
Sun King, a solar energy provider focused on off-grid solutions, has raised $156 million through a local currency securitisation deal aimed at boosting access to affordable solar power in Kenya.
-
SIFEM Invests in Alterra Capital Partners’ Accelerator Fund to Boost Early-Stage Businesses in Africa
The Swiss Investment Fund for Emerging Markets (SIFEM) has confirmed its support for the Alterra Africa Accelerator Fund I, which is managed by Alterra Capital Partners.
-
Africa’s Business Heroes Unveils Top 50 Finalists for 2025 Prize
Africa’s Business Heroes (ABH), a program under Alibaba Philanthropy, has named the 50 finalists for its 2025 edition, drawing from a record number of applicants across the continent.
-
Google Commits $37 Million to Expand AI Development in Africa
Google has announced a $37 million investment to advance artificial intelligence (AI) initiatives across Africa.
-
Visa Opens First African Data Centre in Johannesburg to Strengthen Fintech Infrastructure
Visa has launched its first data centre in Africa, selecting Johannesburg, South Africa, as the location.
-
Meta Acquires Egyptian Voice AI Start-Up PlayAI
PlayAI, a voice technology company founded by Egyptians Mahmoud Felfel and Hammad Syed, has been acquired by Meta, according to an announcement by global venture capital firm 500 Global.
-
Gather Ventures, Backed by Rihanna, Invests in African Women-Led Climate Startups
Gather Ventures, a firm founded by Kenyan-born Jo Opot, has launched a climate-focused investment fund aimed at supporting women-led startups across Africa. The fund is financially supported by Rihanna’s Clara Lionel Foundation.
-
Egyptian Fintech Flend Raises $3 Million to Scale SME Lending Services
Flend, a financial technology company focused on small and medium-sized enterprise (SME) lending, has secured $3 million in seed funding through a combination of equity and debt financing.