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Tag: Investment News
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Kenyan HR Startup Workpay Secures $5 Million in Series A Funding to Expand HR and Financial Services Across Africa
Kenya-based HR and payroll platform Workpay has secured a $5 million Series A funding round led by Norrsken22.
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Egypt’s Climate Startup NoorNation Secures Funding from KBW Ventures
Egypt-based climate-tech startup, NoorNation, has secured an undisclosed investment from KBW Ventures, a venture capital firm founded by Saudi Prince Khaled bin Alwaleed.
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Egyptian VC and Incubator Firm T-Vencubator Launches Program to Invest in 5 Startups
Egypt’s T-Vencubator, a prominent venture capital firm and incubator, has unveiled its initial investment program, which aims to back five startups by 2025.
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Liquid Partners with Globalstar to Bring Advanced 5G to Africa
Liquid Intelligent Technologies has announced a strategic partnership with US-based Globalstar to deliver cutting-edge 5G connectivity solutions across Africa, the Middle East, and the Gulf region.
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Nigerian Fintech Waza Secures $8 Million to Expand B2B Payments Across Africa
Waza, a Nigerian fintech startup specializing in B2B payments and liquidity solutions for emerging markets, has raised $8 million in a combination of equity and debt financing.
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Ecobank Announces 12 Finalists for its Fintech Challenge
Ecobank, a leading pan-African banking group, has unveiled the twelve finalists vying for the US$50,000 grand prize in its seventh annual Fintech Challenge.
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Treepz Makes History as the First Corporate Mobility Startup in Africa to Complete an International Cross-Border Rental Trip
Treepz, a leading African corporate mobility startup, has achieved a significant milestone by successfully completing the continent’s first cross-border rental trip between Nigeria and Benin Republic.
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KawiSafi Fund Gets $10 Million Boost from AfDB for Climate Projects
The KawiSafi Fund is set to receive a significant boost of $10 million from the African Development Bank Group (AfDB) to support climate-focused businesses in Africa.
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South Africa’s Eastgate Shopping Centre Unveils Africa’s Largest Rooftop Solar Installation
Eastgate Shopping Centre is set to become the proud owner of Africa’s largest registered rooftop solar installation. The final phase of the project is expected to be completed by the end of the year.