Jiji
Acquisition Business

Jiji Set to Dominate Africa’s Classifieds Business as it Acquires OLX

Jiji, Nigeria’s largest classifieds marketplace is preparing to dominate Africa’s classifieds business as it has acquired Naspers‘ OLX businesses in

Leapfrog Ventures
Entrepreneurship Funding Venture Capital

Algebra Ventures & Endure Capital Lead Investment in Egypt’s Brimore

Brimore, an Egyptian end-to-end distribution platform has secured $800,000 funding led by Algebra Ventures and Endure Capital. Also participating in the investment

African Startups
Entrepreneurship Investment Social Entrepreneurship

3 African Startups Win $4.5m in Skoll Awards for Social Entrepreneurship

Three African startups have won $4.5 million in the 2019 Skoll Awards for Social Entrepreneurship. The startups were announced a

Mastercard
Africa Business Ecommerce Funding Investment Payment Press Release

Why Mastercard is Investing in ‘Africa’s Alibaba’, Jumia

Jumia, the leading pan-African e-commerce platform has announced that Mastercard has agreed, subject to certain conditions, to become an investor

Africa Business Funding Investment Startup Technology Venture Capital

Kenya’s Bwala Secures Funding From Justin Caldbeck, Expands to Kampala

Bwala Africa Group which is a last mile logistics marketplace launched in 2018 has raised an undisclosed amount of funding from

Entrepreneurship Funding Startup

Microtraction Invests in On-demand Delivery Startup, Sendbox

The early-stage investment firm, Microtraction has announced that it has invested in Nigerian On-demand delivery startup, Sendbox. Sendbox provides shipping,

Uber
Acquisition Apps Business Transport

Uber To Acquire Middle East RideSharing Company, Careem for $3.1B

Uber is set to announce $3.1 billion acquisition of its Middle East rival, Careem in a cash and stock deal

Awards Entrepreneurship Funding Innovation Social Entrepreneurship Startup Technology

Waste Recycling Startup, Wecylers Wins King Baudouin African Development Prize

Nigeria’s Waste recycling startup, Wecyclers has emerged winner of the King Baudouin African Development Prize 2019 worth €200,000. The announcement

Tony Elumelu Foundation
Accelerator Africa Entrepreneurship Funding Innovation SMEs Social Entrepreneurship Startup Technology Venture Capital

After Sorting 216k Applications, TEF Foundation Reveals Selected Startups For Entrepreneurship Programme

The Tony Elumelu Foundation has announced the African startups selected for its entrepreneurship progamme in Abuja, Nigeria. Over 3,000 applicants were

Tony Elumelu Foundation
Africa Entrepreneurship Funding Innovation Investment SMEs Social Entrepreneurship Startup Technology

The Tony Elumelu Foundation (TEF) Set to Announce Startups For 2019 Entrepreneurship Programme

The Tony Elumelu Foundation (TEF) has said that selected Startups for the 2019 entrepreneurs Programme would be announced today. The