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Tag: Digital Transformation
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South African Fintech Startup LittleFish Secures Seed Funding Led by TLcom Capital to Empower SMEs
South African fintech startup LittleFish has successfully closed its seed investment round, with TLcom Capital leading the financing and Flourish Ventures participating as a co-investor.
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Nigeria’s Winich Farms Secures $3 Million in Pre-Series A Funding to Revolutionize Agricultural Supply Chain
Winich Farms, a Nigerian agritech startup, has announced the successful completion of a $3 million pre-Series A funding round aimed at addressing the challenges faced by smallholder farmers in Nigeria.
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Egypt to Launch Africa’s First Sovereign Investment Guarantee Agency with $50 Million Capital
The Central Bank of Egypt (CBE) is set to unveil a groundbreaking initiative aimed at boosting investments across the African continent.
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Ivorian Fintech Daba Finance Wins Ecobank Fintech Challenge 2024
Ecobank, a pan-African financial services group, has named Daba Finance, an Ivorian fintech company, as the Grand Winner of the 2024 Ecobank Fintech Challenge.
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Itana and Africa Finance Corporation Partner to Develop Africa’s First Digital Economic Zone
Itana and the Africa Finance Corporation (AFC) have entered into a formal partnership to develop Africa’s first digital economic zone.
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Yellow Malawi Secures $2 Million Investment to Expand Off-Grid Solar Energy Access
Yellow Malawi, a leading solar energy distribution company, has secured a $2 million investment from Acumen’s Hardest-to-Reach (H2R) initiative.
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Next Narrative Africa and HEVA Fund Launch $40 Million Fund for African Filmmakers
Next Narrative Africa, a Nigerian media production company, and HEVA Fund, a Kenyan-based investment firm, have announced the launch of a $40 million fund aimed at supporting African filmmakers.
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First Circle Capital, SpeedInvest, and Knife Capital Honored for Pioneering Support of African Startups at Oxford VC Awards
Three African venture capital (VC) fund managers—First Circle Capital, SpeedInvest, and Knife Capital—have been honored with prestigious awards for their exceptional efforts in supporting entrepreneurs and startups across the continent.
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Vantage Capital Invests €14 Million in Moroccan Agriculture Firm SPMS
Vantage Capital, a leading African fund manager, has announced the closing of a €14 million mezzanine investment in Société de Production Maraîchère Samir (SPMS), a Moroccan agricultural company.