Tag: Investment News
-
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).
-
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).
-
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.
-
Egyptian Fintech Startup Sahl Secures $6 Million in Funding to Become One-Stop Bill Payment Hub
Egyptian fintech company Sahl has secured $6 million in funding to solidify its position as a one-stop shop for household bills in collaboration with government agencies.
-
Egypt’s i’SUPPLY Secures pre-Series A Funding to Boost Digital Pharmacy Solutions
Egyptian healthtech company i’SUPPLY has secured an undisclosed amount of funding in a pre-Series A round to fuel its expansion plans and bolster its offerings for small and medium-sized pharmacies.
-
Mastercard Invests $2 Million in Partnership with Wowzi, and MDP to Empower African Creators
Mastercard has announced a $2.04 million investment in a partnership with Wowzi, Africa’s leading influencer marketing platform, and Masria Digital Payments (MDP) to empower African creators.
-
EIB Global Invests €25 Million in Amethis Fund III to Empower African Businesses
The European Investment Bank’s (EIB) global development arm, EIB Global, has committed €25 million to Amethis Fund III, a pan-African private equity fund.
-
San Francisco Fintech Elevate Secures $5 Million to Expand Into Africa
Elevate, a fintech company specializing in US banking services for non-resident remote workers, announced today the closing of a $5 million equity-debt pre-Series A funding round led by Negma Ventures, a Dubai-based investment firm.
-
Africa’s “Y Combinator”, Accelerate Africa, Unveils First Cohort of 10 Startups
Accelerate Africa, a new accelerator program designed to propel early-stage African businesses has unveiled its inaugural cohort after four months of operation.