Tag: Investment News
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AfriLabs Welcomes 18 New Hubs, Expanding Network to 496 Across Africa
AfriLabs, the leading network of technology and innovation hubs in Africa, has announced the addition of 18 new hubs to its community.
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Fido Secures $10 Million in Series B Funding to Expand Digital Lending in Africa
Ghanaian-Ugandan fintech platform, Fido, has announced a significant boost to its operations with the successful acquisition of $10 million in Series B funding.
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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.