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Tag: Investment News
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Google Launches First African Cloud Region in Johannesburg, Boosting Digital Transformation Efforts
Google Cloud has officially unveiled its first cloud region in Africa, situated in Johannesburg, South Africa.
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South African Gaming Platform Carry1st Secures Investment from Sony’s New Africa Fund
Carry1st, a leading South African mobile game publisher and digital commerce platform, has secured a strategic investment from Sony Innovation Fund: Africa, marking the venture capital arm’s first investment on the continent.
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London-based Cleantech Platform Bboxx Relocates HQ to Rwanda
London-based off-grid solar energy firm Bboxx is relocating its headquarters to Kigali, Rwanda.
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Egyptian AI-Powered Logistics Startup Roboost Secures $3 Million Investment for MENA Expansion
Roboost, a pioneering AI-powered logistics startup, has secured a $3 million investment round.
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South African Developer Marketplace OfferZen Secures $4.3 Million Funding For Growth
OfferZen, a South African developer hiring marketplace, has secured $4.3 million in funding from Invenfin and AI Capital. This comes alongside a strategic shift in their business model and a change in leadership.
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Village Capital and Standard Chartered Partner to Invest in Women-Led Startups in Africa
In a pivotal move to address the gender funding gap in Africa’s entrepreneurial landscape, Village Capital and Standard Chartered Bank have joined forces to launch a pilot financing facility.
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Core DAO Launches $5 Million African Innovation Fund to Support Web3 Projects in Africa
Core DAO has announced the launch of the African Innovation Fund, a groundbreaking initiative to provide resources and networks to support local Web3 builders and projects across the African continent.
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Mastercard Teams Up With Egyptian Fintech Paymob to Boost Digital Payments Across MENA
Paymob, the leading financial services enabler in the Middle East, North Africa and Pakistan (MENA-P), has announced a partnership with Mastercard to accelerate digital payment acceptance across the MENA region.
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African Cooling Tech Pioneer Inspira Cooling Secures $1 Million Investment From CEI Africa to Combat Food Loss
InspiraFarms Cooling, a leading provider of sustainable cooling solutions for Africa’s fresh produce industry, has secured a €1 million investment from the Foundation for Clean Energy and Energy Inclusion for Africa (CEI Africa).