The Empower Africa Business Platform is Now Live !!!
Nigerian B2B marketplace startup Eze has raised $3.7m to revolutionize the African electronics market.
The funding round, led by Right Side Capital Management, attracted investments from C2 Ventures, Boro Capital, EVPI Investments, and several angel investors. Founded in 2020, the YC-backed startup aims to bridge the gap between the global technology landscape and African consumers by providing them with access to electronics at competitive prices.
With this substantial investment, the company intends to ramp up its operations, enhance its product offerings, and expand its reach across the continent. The company’s innovative business model leverages e-commerce platforms and localized retail outlets to reach consumers in both urban centres and remote areas.

Africa-focused agribusiness investment firm AgDevCo has received a significant financial boost through an $85 million joint investment from Swedfund, British International Investment (BII), and Norfund.

The Central Bank of Egypt (CBE) is set to unveil a groundbreaking initiative aimed at boosting investments across the African continent.

South Africa-based venture capital firm Knife Capital is celebrating its 15th anniversary with strategic Series A investments in two local startups, Sticitt and Optique, as part of its ongoing commitment to scaling innovation across the continent.