Fintech Funding Investment Startup

Egypt’s Paymob Secures $50m Series B Investment

Paymob, the Egyptian fintech startup, has raised $50 million funding led by PayPal Ventures, Kora Capital, and Clay Point. The

d.light
Africa Funding Renewable Energy

Zambia’s Africa GreenCo Secures $15.5 Million To Scale Its Operations

Zambia’s Africa GreenCo (GreenCo), has secured $15.5m in funding with participation from InfraCo Africa, the Danish Investment Fund for Developing

Funding Investment Venture Capital

South Africa’s Logistics Startup GoMetro Secures $1m Seed Extension

GoMetro, a South African logistics startup, has secured a $1 million seed extension round to accelerate its growth, bolster its

Funding

Nigerian Real Estate Agency, Kwaba Secures Pre-Seed Round

Kwaba, a Nigerian real estate agency, has raised an undisclosed amount of pre-seed funding to facilitate expansion. Founded by Obinna

HAVAÍC
Venture Capital

HAVAÍC Announces Final Close of the HAVAÍC Universum Core African Fund

HAVAÍC, a South African venture capital firm, has announced the third and final close of its second pan-African investment fund. 

Funding Technology Trade Tradetech

African Trade Technology Company Norebase Secures $1M Raise Boost its Operations in Africa

Trade tech company providing a single digital Infrastructure platform for Africa-wide expansion Norebase, has secured a $1M pre-seed funding round,

Hello Tractor
AgricTech Funding

Heifer International Invest $1m in Tractor Booking Platform, Hello Tractor

Heifer International has announced that it is investing $1 million USD in the tractor booking platform, Hello Tractor, to provide

FLOUR MILLS COMPLETES ACQUISITION OF 71.69% MAJOR STAKE IN HONEYWELL FLOUR MILLS FOLLOWING REGULATORY APPROVAL
Acquisition Nigeria

Flour Mills Completes Acquisition of 71.69% Major Stake in Honeywell Flour Mills Following Regulatory Approval

Flour Mills of Nigeria Plc. (“FMN”) has obtained all required regulatory approvals to acquire a 71.69% stake in Honeywell Flour

IFU ENDOWS SPARK+ AFRICA FUND WITH €4.5 MILLION INVESTMENT FOR CLEAN COOKING IN AFRICA
Africa Clean Energy Funding Investment

IFU Endows Spark+ Africa Fund with €4.5 million investment for Clean Cooking in Africa

The Investment Fund for Developing Countries (IFU) has endowed the new Spark+ Africa fund  with €4.5 million for clean cooking

Swvl
Acquisition

Swvl Acquires Zeelo to Expand its Footprint to USA, UK & South Africa

Swvl, a provider of transformative tech-enabled mass transit solutions, has announced a definitive agreement to acquire Zeelo, the UK’s largest smart