Moni
Product Launch

Moni unveils new community-powered business loans to drive growth for African SMEs 

Moni, a digital platform that delivers financial services in Africa, has launched a new range of business loans that enables

Janngo Capital
Venture Capital

Janngo Capital Startup Fund Reaches First Close of its €60m New Fund

Janngo Capital Startup Fund (JCSF) has announced its first close at EUR34 million (approximately US$36 million) in capital commitments on the eve of

4DX Ventures
Edtech Investment Legal Venture Capital

Egypt’s Kouncel Bags $1.2m pre-Seed Funding

Kouncel, an Egyptian legal education platform, has secured $1.2 million investment led by Zaldi Capital, the African Development Bank (AFDB), the

Netflix
Video Streaming

Netflix to Spend $1m to Support Africa’s Creative Industry Via Scholarships

Netflix, the global video streaming service, has announced that it plans to spend US$1 million towards the newly-established Netflix Creative

Alitheia IDF
Private Equity Fund

Alitheia IDF Announces Final Close at $100m to Fund African Female-led Startups

Alitheia IDF (AIF), Africa’s first women-led and women-focused private equity fund, has announced the final close of the $100 million fund with

MainOne
Acquisition

Equinix to Acquire Nigeria’s MainOne in $320m Deal

Equinix Inc, the global digital infrastructure company, has announced that it will acquire MainOne, a West African data center and connectivity

Edtech Education

Redefining Education in The Developing World by Nelson Tosin Ajulo PhD

Education has been identified as the ultimate route to escape poverty. It is widely held that if you attend school,

Leapfrog Ventures
Venture Capital

Africa-focused Investment Fund Manager, Amethis Completes First Closing of Amethis MENA Fund II at $101mn

Amethis, an African-focused investment fund manager, has announced the first closing of Amethis MENA Fund II at USD$101 million. The

MVX
Partnership

MVX Partners PayHippo to Provide Trade Finance to SMEs in Nigeria

MVX, the Nigerian digital freight booking and trade finance technology startup, has partnered with a leading SME lending platform, PayHippo, to

Venture Capital

Convergence Partners Announces First Close of its Third Fund at $120m to Drive Digital Inclusion in Africa

Convergence Partners, a private equity investor focused on the technology sector across sub-Saharan Africa, announced the successful first close of