Author: Fred Kennedy
-
South African Fintech Startup Stitch Secures $55 Million in Series B Funding
South African payments company Stitch has raised $55 million in its latest Series B funding round, pushing its total funding to $107 million.
-
Shirley Somuah is Driving Economic Growth in Africa by Backing Local Businesses and Empowering Youth
Shirley Somuah is a Ghanaian investment professional and partner at CardinalStone Capital Advisers (CCA), a private equity firm that focuses on growing small and medium-sized businesses in West Africa, especially in Nigeria and Ghana.
-
DPI Launches New Venture Capital Arm to Support African Tech Startups
Development Partners International (DPI), a major private equity investor, has raiseda new venture capital platform aimed at supporting technology startups across Africa.
-
ARM-Harith Secures $12.5 Million Investment from FSD Africa to Boost Climate Infrastructure in Nigeria
FSD Africa Investments (FSDAi), a UK-backed development finance investor, has announced a $12.5 million investment into the ARM-Harith Climate and Transition Infrastructure Fund (ACT Fund) to attract more local capital into climate-related infrastructure projects across Nigeria.
-
Arnergy Closes $18 Million Series B Round to Scale Solar Access in Nigeria
Nigerian clean energy company Arnergy has secured $15 million in new Series B funding, bringing its total for the round to $18 million following a $3 million raise in 2023.
-
Egyptian Quick Commerce Startup Rabbit Raises Undisclosed Funding For Expansion
Rabbit, a fast-growing quick commerce startup from Egypt, has officially entered the Saudi Arabian market and opened its regional headquarters in Riyadh.
-
Patrick Timani is Building Africa’s Future Through Smart Mobility and Financial Inclusion
Patrick Timani is a Cameroonian tech entrepreneur and engineer who is using innovation to solve some of the everyday challenges facing urban Africa.
-
New GX Capital and RMB Ventures Launch 120 Million Fund to Support Clean Tech Projects in South Africa
New GX Capital and RMB Ventures have introduced the Airnergize Capital Fund I with an initial commitment of approximately $120 million.
-
Kenyan Tourism-Focused Venture Studio Purple Elephant Ventures Raises Additional $500,000
Nairobi-based Purple Elephant Ventures (PEV), a startup studio focused on tourism, has secured an extra $500,000 to boost its seed funding round to $5 million.