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Author: Fred Kennedy
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GOGO Electric Secures Funding from Africa Go Green Fund to Scale E-Mobility in Uganda
GOGO Electric has secured a revolving working capital facility from the Africa Go Green Fund (AGG), managed by Cygnum Capital, to boost electric motorbike production in Uganda.
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Egypt-Based Investment App Thndr Raises $15.7 Million to Expand in MENA
Thndr, a digital investment startup based in Cairo, has secured $15.7 million in its latest funding round.
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Egypt’s Qardy Acquired by Catalyst Partners ME in $23 Million SPAC Merger
Catalyst Partners Middle East (CPME) has acquired Egyptian fintech startup Qardy in a $23 million deal.
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Karidas Tshintsholo is Powering Africa’s Agricultural Future Through Innovation
Karidas Tshintsholo is a South African entrepreneur who is helping reshape the future of African agriculture.
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EIB Global and Family Bank Launch €100 Million to Support Women and Youth-Led Businesses in Kenya
The European Investment Bank’s development branch, EIB Global, and Kenya’s Family Bank have announced a major partnership to provide €100 million (approximately KES 14.7 billion) in funding to support small and medium-sized businesses (SMEs) in Kenya.
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South Africa’s AURA Raises $15.1 Million Series B Funding to Expand Emergency Response Tech Globally
AURA, a South African startup offering emergency response services, has raised €13.5 million (around $15.1 million) in its Series B funding round.
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Nigeria and South Africa Dominate FT’s Ranking of Africa’s Fastest-Growing Companies in 2025
A new ranking from the Financial Times highlights the growth trajectory of African enterprises, with Nigerian and South African companies taking the lion’s share of the spotlight.
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IFC Launches New Women-Centered Initiative to Strengthen Economic Opportunities in Africa
The International Finance Corporation (IFC), part of the World Bank Group, has introduced a new program called the Africa Leadership Economic Advancement and Development for Women (LEAD) Alliance.
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Egyptian Proptech Nawy Closes $52 Million Series A to Avance AI Infrastructure and Grow in MENA
Property technology company Nawy has successfully raised $52 million in a Series A equity round to support its strategic expansion across Egypt and the broader MENA region.