Private equity firm Amethis has launched a $490 million pan-African fund to support high-potential companies across the continent.
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Powering up Tanzania: The African Development Bank Group, the French Development Agency (AFD) and the European Union (EU) have teamed up to invest $300m in Tanzania’s Kakono hydropower plant.
Payday (Techstars ’21), one of Africa’s leading Pan-African neobank, has raised $3 million in seed funding to drive the future of work for the continent.
South African fintech startup Peach Payments has closed a $31 million Series A funding round for expansion.
Shuttlers, a Nigerian innovative shared-mobility platform, has secured $4 million in funding for expansion.
Leading global pharmaceutical company AstraZeneca has announced the launch of its Africa Health Innovation Hub to increase access to healthcare on the continent.