Tag: Digital Transformation

Visa has announced investments in four fintech startups that recently graduated from its Africa Fintech Accelerator program.

British International Investment (BII), the UK’s development finance institution, has unveiled a $150 million trade facility with Absa Group.

Janngo Capital, an African venture capital firm, has successfully closed its second fund at $78 million, exceeding its initial goal of $63 million by 20%.

Egyptian firm Raya Foods has secured a $40 million investment from Helios Investment Partners.

Oyster Agribusiness, a Ghana-based agri-tech firm championing climate-smart agriculture, has successfully raised $2 million in funding to scale up its operations and strengthen the resilience of the country’s agricultural sector against climate challenges.

Google has announced a $5.8 million initiative to strengthen artificial intelligence (AI) training and skills development in sub-Saharan Africa.

Twenty African tech ventures—comprising 10 startups and 10 scale-ups—are set to pitch their innovations to potential investors at the upcoming Angel Fair Africa event in Nairobi, Kenya, on November 7-8.

British private equity firm Development Partners International (DPI) has led a $110 million investment in Nigerian fintech Moniepoint, elevating the company to unicorn status.

South African investment firm Edge Growth has successfully raised $2.1 million through the ASISA Enterprise and Supplier Development (ESD) Fund to further empower growth-stage small and medium enterprises (SMEs).