Tag: Investment News
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Uganda’s UTel to Receive $225 Million Investment from Rowad Capital
Uganda Telecommunications Corporation Limited (UTel) is poised to receive a significant financial boost with a $225 million investment from Rowad Capital Commercial (RCC) LLC.
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Untapped Global Invests in Kenyan EdTech Startup ElimuTab
Untapped Global, a leading impact investment firm, has announced a strategic investment in ElimuTab, a Kenyan educational technology startup.
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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.