Tag: Tech News

Africa Data Centres, a leading provider of data center services in Africa, has secured $108.9 million in funding to expand its capacity in South Africa.

AgDevCo, a specialist investor in African agriculture, has announced a new investment in Cashew Coast, a leading cashew nut processing business in Côte d’Ivoire.

Renew Capital, a leading impact investor focused on Africa’s high-growth enterprises has announced a strategic investment in Zuri, a fast-rising beauty brand determined to transform the African beauty landscape.

The International Finance Corporation (IFC), a member of the World Bank Group, is considering a significant investment in a Moroccan venture capital fund that targets emerging technology companies in North and West Africa.

South African nurse-led primary healthcare clinic chain Alma Clinics has secured $2.8 million in funding from investment firm IDF Capital’s Alitheia IDF Fund (AIF).

Potcast Productions, a leading Egyptian podcast producer founded in 2020, has secured an undisclosed amount of pre-seed funding.

Johannesburg’s digital bank, TymeBank, is close to securing $150 million in a Series D funding round, aiming to solidify its position as Africa’s fastest-growing player.

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.

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.