Tag: Investment News
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South African Developer Marketplace OfferZen Secures $4.3 Million Funding For Growth
OfferZen, a South African developer hiring marketplace, has secured $4.3 million in funding from Invenfin and AI Capital. This comes alongside a strategic shift in their business model and a change in leadership.
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Village Capital and Standard Chartered Partner to Invest in Women-Led Startups in Africa
In a pivotal move to address the gender funding gap in Africa’s entrepreneurial landscape, Village Capital and Standard Chartered Bank have joined forces to launch a pilot financing facility.
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Core DAO Launches $5 Million African Innovation Fund to Support Web3 Projects in Africa
Core DAO has announced the launch of the African Innovation Fund, a groundbreaking initiative to provide resources and networks to support local Web3 builders and projects across the African continent.
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Mastercard Teams Up With Egyptian Fintech Paymob to Boost Digital Payments Across MENA
Paymob, the leading financial services enabler in the Middle East, North Africa and Pakistan (MENA-P), has announced a partnership with Mastercard to accelerate digital payment acceptance across the MENA region.
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African Cooling Tech Pioneer Inspira Cooling Secures $1 Million Investment From CEI Africa to Combat Food Loss
InspiraFarms Cooling, a leading provider of sustainable cooling solutions for Africa’s fresh produce industry, has secured a €1 million investment from the Foundation for Clean Energy and Energy Inclusion for Africa (CEI Africa).
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Kenyan Agri-Fintech Startup Apollo Agriculture Secures $10 Million From Swedfund and ImpactConnect to Empower African Farmers
Leading Kenyan agri-fintech startup Apollo Agriculture has secured a $10 million investment from Swedfund and ImpactConnect to fuel its rapid expansion across Africa.
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Egypt-Born AI Startup DXwand Secures $4 Million Series A Funding to Fuel Growth
DXwand, a leading AI startup operating across Egypt and the United Arab Emirates, has secured $4 million in Series A funding to accelerate its expansion across the Middle East and North Africa (MENA) region.
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Moroccan Copyright Management Startup Crealo Secures $1.42 Million Seed Funding
Moroccan startup Crealo, a platform tackling the complexities of copyright management, has secured $1.42 million in seed funding.
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Cameroon Launches World’s First Malaria Vaccine Program
A baby girl named Daniella in Cameroon received the symbolic first jab, marking the world’s first-ever routine malaria vaccination program.