Funding Investment Venture Capital

Chowdeck Secures $2.5m Seed Funding to Optimise on-demand food Delivery in Nigeria

Chowdeck, a Nigerian on-demand delivery service, has secured $2.5 million in seed funding to optimise its operations and support expansion

Fawry
Fintech Partnership

Fawry and Roboost Partner to Enhance Digital Transformation and Financial Inclusion

 Fawry, the technology and electronic payments company, has announced the signing of a joint cooperation memorandum with Roboost, a company developing delivery and logistics

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

Goodwell
Funding Investment Startup Venture Capital

Goodwell Invests in OmniRetail to Fuell Opportunities for Informal Retailers Across Africa 

Goodwell Investments, an impact investor focused on innovative businesses in emerging markets, has announced its recent investment in OmniRetail – a B2B

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

Endeavor Kenya
Startup

Endeavor Kenya Launches Inaugural Cohort of Entrepreneurs For its ScaleUp Program

Endeavor Kenya has unveiled the inaugural cohort of entrepreneurs for its Endeavor ScaleUp Program, which aims to support high-growth start-up

SME
Feature SMEs

UNILAG MBA Graduate Proposes Business Model to Tackle Startup and SME Failure

Startups and SMEs in Nigeria confront a number of difficulties, which may account for some of the country’s comparatively low

Wasoko 
Merger

Wasoko, MaxAB Announces Merger to Drive Transformation of Africa’s Informal Retail Sector

Wasoko and MaxAB, have signed preliminary merger terms to join together as a combined entity to drive the transformation of Africa’s informal

Techstars
Funding Investment Startup

Techstars Announces 12 New Investments Via its Africa-focused Program

Techstars, an investor platform in Africa, has announced its second cohort of 12 companies to participate in its pan-African accelerator

Copia Global
Funding Investment Venture Capital

Copia Global Secures $20m Series C Funding

Copia Global, the Kenyan e-commerce and fintech firm, has announced that it has raised a $20 million Series C extension