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Algebra Ventures, Egypt’s leading VC firm, has announced the launch of its $90 million second fund to support tech startups
Sawari Ventures has announced the closing of the Egypt-based fund with total commitments of USD 30 Million from Misr Insurance Group,
Baobab+, a French West African distributor of solar home systems, has announced that it has raised €4 million in financing
Ovex, a South Africa-based cryptocurrency exchange platform, specializing in over-the-counter (OTC) trading, has raised $4m in funding. Quantitative cryptocurrency trading
Mastercard is to invest $100 million into Airtel Africa’s mobile money business. The transaction comes just weeks after The Rise
South African energy start-up Sun Exchange raised $1.4 million in a crowd sale of solar cells of a 1.9 megawatt (MW) solar and battery
Tugende, a technology-enabled asset finance company, in East Africa has closed $3.6M in additional equity financing. The round was led
Curacel, a Nigerian startup that aims to fast-track claims processing and detects fraudulent claims for health insurance, has raised a
The “Africa’s Business Heroes” (ABH) prize competition, the Jack Ma Foundation’s flagship philanthropic program spotlighting and celebrating Africa’s entrepreneurial talent,
Bankly, a Nigerian fintech startup digitizing cash for the unbanked, announced that it has closed a $2 million seed round.