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Tag: Investment News
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Techstars Selects 12 African Startups for its Second Cohort for Lagos Accelerator Program
Techstars, a global accelerator renowned for its active investment in the African continent, has unveiled its second cohort for the Lagos-based accelerator program.
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South African Shipping Startup TUNL Secures $1 Million for Expansion
TUNL, a South African e-commerce logistics platform, has secured $1 million in pre-seed funding to tackle exorbitant international shipping costs and empower local businesses.
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IFC Invests in Biovac to Boost Africa’s Vaccine Production
The International Finance Corporation (IFC) has announced an investment and advisory support package for Biovac, a leading South African biopharmaceutical company.
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Ivorian Healthtech Startup Susu Secures $4.8 Million for Healthcare Expansion in Africa
Susu, an Ivorian health-tech startup, has secured a significant $4.8 million investment to broaden its healthcare services across the continent.
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Copia Global Secures $20 Million in Series C Extension to Tap into Booming African Consumer Market
Kenyan e-commerce and fintech platform Copia Global has made a strategic move, appointing seasoned tech leader John Lazar to its board of directors alongside securing $20 million in fresh funding.
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Proparco and 27four Invest $28.7 Million in SA PropTech Divercity to Address Affordable Housing Crisis in South Africa
French development finance institution Proparco and South African investment manager 27four have announced a joint investment of R550 million (USD 28.7 million) in Divercity Urban Property Group.
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Ghanaian Agritech 3Farmate Robotics Secures Funding to Drive AI-Powered Agricultural Revolution
Ghanaian agritech trailblazer 3Farmate Robotics has secured an undisclosed amount in angel investment to fuel the expansion of its precision AI-powered electric robots.
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BOAD Launches Climate Study Fund to Bolster Resilience in 8 African Countries
Responding to the critical need for climate resilience across Africa, the West African Development Bank (BOAD) has announced the launch of the Climate Study Fund.
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Pan-African Fintech Flutterwave Acquires Money Transfer Licences for 13 States in the US to Facilitate Remittances for the African Diaspora
Pan-African fintech leader Flutterwave has acquired 13 new money transmission licenses in the United States, significantly expanding its reach in the crucial cross-border payments market.