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Tag: Investment News
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Renew Capital Backs Zuri’s Tech-Driven Beauty Revolution in Africa
Renew Capital, a leading impact investor focused on Africa’s high-growth enterprises has announced a strategic investment in Zuri, a fast-rising beauty brand determined to transform the African beauty landscape.
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IFC Announces Plan to Invest in Moroccan VC Fund EmergingTech Ventures
The International Finance Corporation (IFC), a member of the World Bank Group, is considering a significant investment in a Moroccan venture capital fund that targets emerging technology companies in North and West Africa.
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Alma Clinics Secures $2.8 Million in Funding to Expand Nurse-Led Primary Healthcare in South Africa
South African nurse-led primary healthcare clinic chain Alma Clinics has secured $2.8 million in funding from investment firm IDF Capital’s Alitheia IDF Fund (AIF).
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Egyptian Podcast Production Startup, Potcast Productions, Secures Funding to Fuel Growth
Potcast Productions, a leading Egyptian podcast producer founded in 2020, has secured an undisclosed amount of pre-seed funding.
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South Africa’s TymeBank Eyes Unicorn Status with $150 Million Series D Funding
Johannesburg’s digital bank, TymeBank, is close to securing $150 million in a Series D funding round, aiming to solidify its position as Africa’s fastest-growing player.
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ThriveAgric, Visa Partner to Support 10,000 Farmers in Kenya
Nigerian agritech startup ThriveAgric has joined forces with global payments giant Visa to empower Kenyan farmers.
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UNCTAD to Support Guinea in Building E-commerce and Digital Future
The Republic of Guinea is setting its sights on accelerating the growth of its e-commerce industry through collaboration with the United Nations Conference on Trade and Development (UNCTAD).
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African Development Bank and Intel Partner to Train 3 Million Africans in AI
The African Development Bank (AfDB) and tech giant Intel have embarked on a groundbreaking initiative to equip Africa with a powerful force in artificial intelligence (AI).
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Patoranking Foundation and ALX Africa Partner to Launch $500,000 Tech Scholarship Initiative
African tech training provider ALX Africa has joined forces with the Patoranking Foundation, established by Afrobeats artist Patoranking (Patrick Nnaemeka Okorie), to unveil a significant $500,000 scholarship program.