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Tag: Digital Transformation
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Orange Ventures and Digital Africa Join Forces to Invest in African Startups
Orange Ventures, the investment arm of Orange Group, and Digital Africa, a pan-African organization fostering digital entrepreneurship, have announced a new co-investment initiative for startups emerging from the “Orange Digital Centres” network.
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South African Fraud Startup Orca Secures Pre-Seed Funding
Orca, a South African startup tackling fraud in emerging markets, has successfully secured $550,000 in a pre-seed funding round.
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Kenyan Startups M-KOPA, BasiGo, Mogo, Roam, and Pezesha Secure $250M From DFC to Enhance Digital Connectivity and E-Mobility
The US International Development Finance Corporation (DFC) has unveiled a new $250 million financing package aimed at enhancing digital connectivity and e-mobility in Kenya.
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Egyptian Logistics Startup OneOrder Secures $16 Million in Series A Funding For Expansion
OneOrder, a leading Egyptian logistics company, has secured $16 million in a Series A funding round.
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Microsoft Invests $70 Million in South African Tech Growth and AI Transformation
Tech giant Microsoft has announced a $70 million investment in the South African economy over the next decade.
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Kenya Receives $1 Billion Digital Transformation Boost from Microsoft and G42
A landmark digital transformation initiative for Kenya has been announced, with Microsoft and UAE-based artificial intelligence (AI) leader G42 pledging an initial investment of $1 billion.
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TowerCo Tanzania Secures $30 Million to Expand Rural Connectivity
TowerCo of Africa Tanzania (TOA Tanzania), a telecommunications infrastructure provider, has signed a $30 million financing agreement with British International Investment (BII) to bolster its network across the country.
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Egyptian VC Firm Glint Closes First Round of New $3 Million Fund for Early-Stage Startups
Glint, a prominent Egyptian venture capital firm, has secured an initial $3 million for its second fund, targeting early-stage startups.
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South Africa Secures $234M For the World’s First Solar-Powered EV Charging Network
South Africa’s Free State province is taking a major leap towards electric mobility with a $234 million investment in the world’s first network of solar-powered electric vehicle charging stations.