Techawk
Acquisition Insurtech

First Bank Exits Insurance Business, Sells 65% Stake to SA’s Sanlam

First Bank of Nigeria has sold its remaining 65% stake

Releaf Group
Funding Startup

Max.ng and Releaf Group Receive $200k From Zuckerberg-Backed Harambe Entrepreneur Alliance

Nigerian startups-Max.ng and Releaf Group have secured $100,000 funding each

Africa Netpreneur Prize Initiative
Africa Entrepreneurship Funding

Jack Ma Foundation’s Africa Netpreneur Prize Initiative Announces 2020 Ecosystem Partners

Jack Ma Foundation’s Africa Netpreneur Prize Initiative (ANPI) has announced

BusyMed
Health Investment

South Africa’s BusyMed Raises Funding From VC Investor LionPride

BusyMed, a South African healthtech startup has raised undisclosed funding

InspiraFarms
Funding Investment

InspiraFarms Closes New Funding to Expand its Solar-Powered Cold Storage Solutions

InspiraFarms, the leading provider on- and off-grid cold storage solutions

Link Commerce
Acquisition Ecommerce

DHL Express Buys Minority Stake in Link Commerce, the Company Behind MallforAfrica

DHL Express has bought a minority stake in Link Commerce,

Raise
Funding Product Launch

Raise Launches End-to-End Fundraising Platform For African Startups

Raise has launched an end-to-end fundraising platform through a beta

Carry1st
Funding Game

Carry1st Raises $2.5m Led by CRE Venture Capital to Grow African Gaming

Carry1st, an Africa gaming startup has raised $2.5 million led

Inclusivity Solutions
Funding Insurtech

Inclusivity Solutions Raises $1.3m Funding Led by Goodwell Investments

Inclusivity Solutions, a South African insurtech startup, has raised an

Bolt
Funding Ride-hailing

Bolt Raises €100m to Help Scale From Ride-Hailing to Other Services

Bolt, an Estonia headquartered ride-hailing firm, has raised €100 million