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Tag: Digital Transformation
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OCP, IFC Launch €100 Million Initiative to Combat Water Scarcity, Boost Food Security in Africa
Morocco’s OCP Group has joined forces with the International Finance Corporation (IFC) to launch a €100 million initiative aimed at combating water scarcity and improving food security in Africa.
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Moroccan Recruitment Startup Kwiks Secures Funding From Azur Innovation to Streamline Hiring Process
Kwiks, a leading Moroccan human resources technology (HRtech) platform, has secured a significant funding boost of $827,000 from Azur Innovation Management (AIM).
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Uganda’s Agent Banking Company (ABC) Secures Investment from Goodwell Investments
Uganda’s Agent Banking Company (ABC) has received a significant investment from Goodwell Investments, a Netherlands-based impact investor. This marks Goodwell’s entry into Uganda’s financial inclusion sector.
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Coca-Cola Pledges $1 Billion Investment in Nigeria
Coca-Cola has announced plans to invest $1 billion in its Nigerian operations over the next five years.
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Moroccan Startup Userguest Raises $2.4 Million in Seed Funding to Boost Hotel Revenue Optimization
Userguest, a Moroccan tech startup that helps hotels optimize their direct revenue, has secured €2.2 million (approximately $2.4 million) in seed funding.
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Egyptian Edtech Farid Receives Pre-Seed to Address Children’s Mental Health
Farid, a pioneering Egyptian edtech startup, has successfully secured $250,000 in pre-seed funding from Saudi entrepreneur Amal bint Abdulaziz Al-Ajlan.
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Kenyan-Based VC Firm Uncap Launches $33 Million Fund to Support African SMEs
Uncap, a venture capital firm operating in Munich and Nairobi, has announced the launch of a $33 million fund aimed at supporting the growth of small and medium-sized enterprises (SMEs) across Africa.
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Egypt’s SETTLE Raises $2 Million Pre-Seed to Revolutionize B2B Payments
Egypt-based B2B payment platform, SETTLE, has secured $2 million in a pre-seed funding round.
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Nigerian Foodtech Foodpreneurs Hub Secures Pre-Seed Funding to Combat Food Insecurity in Africa
Foodpreneurs Hub, a Nigerian-founded foodtech platform, has announced a successful pre-seed funding round of $500,000.