IFC
Investment

IFC Invests $10m in Knife Capital Fund III to Support South Africa’s Digital Entrepreneurs

The International Finance Corporation (IFC) has invested in Knife Fund III, a new fund managed by Cape Town-based venture capital

Accelerator

Flapmax Partners With Microsoft to Scale Africa’s Digital Ecosystem

Flapmax has partnered with Microsoft to help strengthen and scale Africa’s digital ecosystem with the launch of FAST, a startup accelerator.  Entrepreneurs based

BasiGO
Electric Vehicle Mobility

Electric Vehicle Startup BasiGo Bags $4.3m Seed Funding

BasiGo, a Kenyan Electric Vehicle startup, has raised $4.3 million in seed funding to provide clean-energy mass transit vehicles in

Thndr
Fintech

Egyptian Fintech Startup, Thndr Secures $20m Series A Funding to Democratise Investment in MENA

Thndr, an Egyptian digital investment firm, has secured a $20 million series A investment co-led by Tiger Global, BECO Capital

Mecho Autotech
Funding Investment News Venture Capital

Mecho Autotech Secures $2.15m to Fix Nigeria’s Vehicle Maintenance

Mecho Autotech, a Nigerian on-demand auto repair and maintenance startup, has raised a $2.15 million seed round.  The Investors in

SOKNA
Funding Investment Venture Capital

Egypt’s SOKNA Bags $1m Funding

SOKNA, an Egyptian company that provides comprehensive funeral services, has raised a $1 million round of funding. The list of

Createch
Accelerator

Apply: CCHub’s Createch Accelerator 1.0.

The Creative Economy Practice at CcHUB has launched a call for applications for Createch Accelerator 1.0. The Accelerator programme is for

Acquisition Mobility Ride-hailing

Nigerian Mobility Startup, Transtura Acquires WazoMoney

Transtura, a Nigerian ride-hailing startup, has acquired WazoMoney, a fintech startup that provides simplified payment solutions. The acquisition will enable

Technology

South Africa’s Carscan Secures $1.3m to Help it Further Expand Operations

Carscan, the South African augmented reality app with an embedded visual recognition AI to track the visual condition of every

Wema Bank
Hackathon

Wema Bank Opens Application For Hackaholics 3.0

Wema Bank has announced applications for the third edition of Hackathon, its creative platforms for tech and innovation enthusiasts, dubbed