Madica
Startup

Pre-seed Investment Programme, Madica Announces First Set Of African Tech Portfolio Companies

Madica, a structured investment program designed for pre-seed stage startups in Africa, announced its first set of investments in three

TLcom
Funding Investment Venture Capital

TLcom Closes Africa’s Largest Early-Stage VC Fund at $154 Million

TLcom Capital, the Africa-focused venture capital firm, has announced the final close of TIDE Africa Fund II, its second fund for

Farmers
AgricTech Agro-tech

Helping Smallholder Farmers Secure Malawi’s Food Future

Malawi’s farmers fear El Nino because it always brings drought, withering heat, and poor crop performance. Poor crop performance means

MEST Africa
Competition Startup

Koa Academy Wins MEST Africa Challenge 2023, Secure $50,000 Investment

MEST Africa, the Pan-African tech entrepreneurship training program, seed fund, and incubator, has named Koa Academy, the grand prize winner

Adenia Partners
Acquisition

Adenia Partners Acquires The Courier Guy to Enhance Last-mile Delivery Services in South Africa

Adenia Partners, a private equity firm focused on growth opportunities in Africa, has acquired 100% of The Courier Guy, a

Mavin Global
Acquisition

UMG Acquires Majority Stake in Mavin Global to Accelerate Expansion of Africa’s Creative Platform

Universal Music Group (UMG), the global music-based entertainment firm, has announced a majority investment in the independent record label, Mavin

MoneyHash
Fintech Funding

MoneyHash Raises $4.5 Million To Fix Payment Failures & Fuel Revenue Growth In Middle East & Africa

MoneyHash, the payment orchestration platform in the Middle East and Africa (MEA), has raised $4.5 million in a seed funding

Venture Capital

Partech Africa II Fund Reaches $300m+ Final Close to Expand Team and Portfolio

Partech, the global technology investment firm, has announced the final closing of its second Africa fund, Partech Africa II, at

Deloitte
Report

Deloitte and AFIS unveil the 3rd edition of the African Financial Industry Barometer

The Africa Financial Industry Summit-AFIS and Deloitte have unveiled the third edition of their African Financial Industry Barometer. Based on an

Roam
News

Roam Secures $24m in Funding to Accelerate Electric Mobility Solutions in Africa

Roam, the Kenyan-based electric mobility pioneer, has secured US$24 million in equity and debt to accelerate its mission to revolutionise