Tag: Investment News
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TowerCo of Africa Uganda Secures $40 Million Investment to Expand Rural Mobile Network Coverage
TowerCo of Africa Uganda, a telecommunications infrastructure company, has secured $40 million in long-term financing to improve mobile phone network coverage in rural areas across the East African nation.
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Cassava Technologies’ Liquid C2 Partners with Google and Anthropic for Advanced Cloud Solutions in Africa
In a move set to reshape the deep tech landscape, the International Finance Corporation (IFC) and Solcon Capital announced a strategic partnership to identify and support promising deep tech startups in South Africa.
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IFC and Solcon Capital Join Forces to Fuel Deep Tech Growth in South Africa
In a move set to reshape the deep tech landscape, the International Finance Corporation (IFC) and Solcon Capital announced a strategic partnership to identify and support promising deep tech startups in South Africa.
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US-Based Firm Deel Acquires South African Payroll Startup PaySpace
HR and payroll solutions provider Deel has announced the acquisition of PaySpace, a South African company offering similar services, in a move to strengthen its global footprint.
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Villgro Africa is Looking For Female-Led African Health Startups for Growth Opportunities
African women leading innovative healthcare startups are invited to apply for support from Villgro Africa, a healthcare-focused incubator and investor.
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South African Healthtech Startup RecoMed Secures Funding for Digital Healthcare Expansion
South Africa’s RecoMed, a leading digital healthcare marketplace, has secured a significant investment from Japanese pharmaceutical giant Eisai.
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Moroccan Fintech Startup Tookeez Secures $1.5 Million to Revolutionize Loyalty Programs
Moroccan startup Tookeez, a pioneer in leveraging blockchain technology to improve customer loyalty programs, has secured $1.5 million in funding.
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South African VC Firm Conducive Capital Launches $50 Million Fund to Empower African Startups
Conducive Capital, a newly formed South African venture capital company, has unveiled a $50 million fund dedicated to fostering innovation across the African continent.
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French VC Firm Ring Capital Launches €50 Million Impact Fund for Francophone West Africa
French venture capital firm Ring Capital has launched Ring Africa, a €50 million impact investment fund dedicated to supporting early-stage startups in French-speaking West Africa.