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Tag: Investment News
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Mediterrania Capital Partners Leads $60 Million Investment In Moroccan Fintech Cash Plus
Mediterrania Capital Partners, a private equity firm focused on growth investments for SMEs and mid-cap companies in North Africa and Sub-Saharan countries, has announced a €57 million investment in Moroccan financial services provider CASH PLUS.
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EdVentures Invests $400,000 in Egyptian Edtech Startup Crafty Workshop
EdVentures has announced a $400,000 investment round in Crafty Workshop, an Egyptian firm specializing in supporting handicrafts through its digital educational platform.
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VC Firm 500 Global Selects 15 Egyptian Startups for Scale-Up Program
Fifteen Egyptian tech startups have been selected for the first batch of the 500 Global in Egypt Scale Up Programme, a seven-week program designed to help founders scale their businesses.
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Andela Launches Talent Cloud to Transform Tech Hiring
Andela, an Africa-focused talent outsourcing startup, has launched Andela Talent Cloud, an integrated end-to-end platform that connects skilled individuals with businesses, transforming the hiring process for tech companies and talents.
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Flutterwave and Microsoft Partner to Accelerate Payment Innovation and Small Business Growth in Africa
Flutterwave, a leading African payments company, has entered into a five-year technology collaboration with Microsoft to build an upgraded platform on Microsoft Azure.
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Sony Launches $10 Million Innovation Fund to Support Africa’s Entertainment Industry
Sony Group Corporation has launched the Sony Innovation Fund: Africa, a $10 million fund to support the growth of the continent’s entertainment sector.
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AI-Powered Weather Forecasting Startup Salient Raises $2.9 Million
Salient Predictions, a startup that develops AI-powered weather forecasting solutions, has secured a $2.9 million grant courtesy of the Bill & Melinda Gates Foundation.
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Egyptian Insurtech Startup Amenli Raises $1 Million Equity Funding to Fuel Growth
Amenli, an Egyptian insurtech startup, has raised $1 million in equity funding to fuel its growth.
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TymeBank: South Africa’s Financial Disruptor, Reaches 8 Million Customer Milestone
TymeBank, a South African digital bank, has reached the 8 million customer milestone in just four years, a significant achievement for the rapidly growing financial institution.