Tag: Startup News

LAfricaMobile, a leading provider of cloud communication and mobile marketing solutions, has secured €4.3 million in Series A funding.

YoLa Fresh, a Moroccan agritech startup that connects smallholder farmers directly with traditional fruit and vegetable retailers, has secured $7 million in pre-Series A funding.

Orange Ventures, the investment arm of Orange Group, and Digital Africa, a pan-African organization fostering digital entrepreneurship, have announced a new co-investment initiative for startups emerging from the “Orange Digital Centres” network.

Orca, a South African startup tackling fraud in emerging markets, has successfully secured $550,000 in a pre-seed funding round.

The US International Development Finance Corporation (DFC) has unveiled a new $250 million financing package aimed at enhancing digital connectivity and e-mobility in Kenya.

OneOrder, a leading Egyptian logistics company, has secured $16 million in a Series A funding round.

Tech giant Microsoft has announced a $70 million investment in the South African economy over the next decade.

A landmark digital transformation initiative for Kenya has been announced, with Microsoft and UAE-based artificial intelligence (AI) leader G42 pledging an initial investment of $1 billion.

TowerCo of Africa Tanzania (TOA Tanzania), a telecommunications infrastructure provider, has signed a $30 million financing agreement with British International Investment (BII) to bolster its network across the country.