Ampersand
Funding Investment Renewable Energy

Ampersand Secures $9m Funding From International Development Finance Corporation (DFC) to Scale Operations

Ampersand, Africa’s first electric motorcycle company, has just secured a $9 million loan facility from the U.S. International Development Finance

Funding Investment Renewable Energy

U.S. Development Finance Corporation Invests $10m in Nithio FI to Scale Clean Energy Financing in Africa

U.S. Development Finance Corporation (DFC) has invested $10 million in Nithio’s Financial Intermediary, Nithio FI, B.V., an AI-enabled clean energy

Ukheshe
Accessories

Ukheshe Acquires EFT Corporation to Transform Financial Services Across Africa

Ukheshe International, the Banking as a Service (BaaS) and embedded finance enabler, has acquired 100% of  EFT Corporation Limited (EFTCorp) from parent Loita Transaction

Africa Finance Corporation
News Press Release

Africa Finance Corporation Tops 30 Member States With Morocco, DRC, Burkina Faso

In a milestone for its pan-Africa mission, Africa Finance Corporation (AFC), one of the region’s biggest investors in infrastructure development,

Roam
News

Roam Secures $24m in Funding to Accelerate Electric Mobility Solutions in Africa

Roam, the Kenyan-based electric mobility pioneer, has secured US$24 million in equity and debt to accelerate its mission to revolutionise

Copia Global
Funding Investment Venture Capital

Copia Global Secures $20m Series C Funding

Copia Global, the Kenyan e-commerce and fintech firm, has announced that it has raised a $20 million Series C extension

Husk Power
Clean Energy

Husk Power Secures $100m in Equity and Debt Power Growth of Community Solar Minigrids in Africa

Husk Power Systems, the solar electric power generation company, has announced that it has closed $43 million in Series D

Helium Health
Funding Health Investment Venture Capital

Nigeria’ss Helium Health Secures $30m Funding From AXA

Helium Health has raised $30 million in a Series B funding round led by AXA IM Alts. The latest investments

Copia Global
Ecommerce Funding Investment Venture Capital

Kenyan eCommerce Firm, Copia Global Raises $50m To Support Expansion

Copia Global, a Kenyan eCommerce platform, has raised $50 million in a Series C equity round led by Goodwell Investments.

Entrepreneurship Startup

Meet Finalists of Financial Times and Seedstars Powered FTxSDG Challenge

Financial Times and Seedstars have announced the finalists of FTxSDG Challenge for a chance to win $500,000 in funding among other prizes. Winners will