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Tag: Investment News
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MasterCard and Premier Bank Launch Digital Payment Platform for Somali Businesses
Mobility startup LULA has announced a significant expansion through the acquisition of UK-based Zeelo’s South African operations.
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South African Mobility Startup LULA Expands Footprint With Zeelo Deal
Mobility startup LULA has announced a significant expansion through the acquisition of UK-based Zeelo’s South African operations.
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Top 10 Most Funded African Startups in H1 2024 (Numbers, Analysis, & Trends)
The first half of 2024 marked a challenging period for African startups, with a substantial decline in total funding compared to H1 2023.
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Ethiopia and UAE Launch “5 Million Ethiopian Coders” Initiative
Ethiopia and the United Arab Emirates (UAE) have launched the “5 Million Ethiopian Coders” initiative.
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Arise IIP and AFC Launch $100 Million Fund for African Entrepreneurs
Arise IIP and Africa Finance Corporation (AFC) have joined forces to establish a $100 million fund dedicated to supporting African entrepreneurs.
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Nigeria’s Intron Health Secures $1.6 Million to Revolutionize African Healthcare with AI
Intron Health, a pioneering Nigerian health-tech startup, has successfully raised $1.6 million in a pre-seed funding round led by Microtraction.
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Village Capital Invests $850,000 in Kenyan and Nigerian Agritech Startups
Village Capital, a global nonprofit investor in early-stage companies, has announced investments in Kenyan startup Aquarech and Nigerian startup Coamana.
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One Acre Fund Secures $1.4 Million Investment From Impact Bridge Asset Management to Support African Farmers
One Acre Fund, a social enterprise empowering smallholder farmers in East Africa, has secured a $1.4 million investment from Impact Bridge Asset Management.
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Aruwa Capital Makes Follow-On Investment in Hibiscus Exporter AgroEknor
Aruwa Capital Management, a leading early-stage growth equity fund, has announced a follow-on investment in AgroEknor, a prominent hibiscus flower exporter and wellness brand.