Innovation
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1.6KBluechip Launches in Europe following Successful pan-African Expansion
Bluechip Technologies, Nigeria’s business application and data management solutions, announces its European launch following growing demand for its products and services. The...
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1.7KBeacon Power Services, Closes $2.7M Seed Round To Improve Electricity Access For Cities Across Sub-Saharan Africa
Beacon Power Services (BPS), an energy tech company providing data and grid management solutions to help Africa’s power sector distribute electricity more...
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1.8KProto Raises $5.6M Series A to Accelerate Global Expansion
Canada-based Proto has raised a $5.6M Series A round led by Mucker Capital for the global expansion of its AI Customer Experience...
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2.5KGoGetta to facilitate global investment into African businesses
Quality African businesses with growth prospects that seek funding can now raise capital via an innovative crowdfunding platform, GoGetta. Local and international angel and...
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2.1KOui Capital hits first close of its $30M second fund
Oui Capital has announced the closing of its $30 million second fund, Oui Capital Mentors Fund II, as it seeks to strengthen...
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2.0KCartona, Egyptian B2B e-commerce platform, raises $12 million Series A round
Cartona, a B2B platform based in Egypt, has closed its $12 million Series A fundraise led by Silicon Badia – the venture...
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1.7KSeedstars launches its second emerging market seed-stage fund
Seedstars, a seed-stage venture fund dedicated to emerging and frontier markets, has supported over 90 emerging market venture ecosystems, and with this...
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2.0KCassava Technologies secures $50m investment from C5 Capital
Cassava Technologies, Africa’s integrated tech company of continental scale, announced that it has secured a US$50 million investment from C5 Capital, a...
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2.1KAfricInvest and Cathay Innovation Complete Close of €110M Venture Fund
AfricInvest, a multi-asset investment platform in Africa, and venture capital firm Cathay Innovation, have completed the final close of their joint Pan-African...
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14.9KCatalyst Fund raises $3.5 to accelerate and scale pre-seed impact ventures in Africa
Global inclusive tech accelerator Catalyst Fund, managed by BFA Global, has announced that FSD Africa has invested $3.5M to anchor the Fund’s presence in Africa and...
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1.8KPersistent Energy raises $10 Million Equity Round to grow climate venture building in Africa
Persistent Energy Capital LLC, Africa’s Climate Venture Builder, announced that it has raised USD 10M in equity in its Series C round. ...
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1.5KMTN teams up with ETAP to reward Nigerians for good driving
MTN Nigeria, Africa’s leading technology company, has teamed up with ETAP, a mobility technology company that creates solutions and incentives to improve...
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2.3KIFC Invests in Mobile Money Firm Wave to Boost Access to Digital Financial Services in West Africa
To spur financial inclusion and support economic growth in Senegal and Côte d’Ivoire, global development institution, IFC has announced an investment in...
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1.9KAutochek acquires CoinAfrique to accelerate expansion across Francophone Africa
Autochek, the automotive technology company making car ownership more accessible and affordable across Africa, has announced the acquisition of CoinAfrique, the leading...
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16.0KKenyan Startup, Duhqa, Closes $2 Million Seed round
Founded in 2021 Duhqa is a B2B retail tech platform that empowers informal African merchants to digitally source and pay for inventory,...
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1.6KMore “women in tech” doesn’t necessarily mean more female developers
Having more women in tech doesn’t necessarily mean more female engineers and developers, but rather getting more young women tech-ready, to see...
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2.1KNigerian Fintech, Moove, secures $20 million credit from British International Investment
British International Investment (BII), the UK government’s Development Finance Institution (DFI), formerly known as CDC Group, has announced a $20 million, 4-year...
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2.2KNomanini launches StockNow, a digital retailer solution
Nomanini, a fast-growing fintech platform in Africa, has announced the launch of a new supply chain finance solution called StockNow that connects...
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2.8KPocketApp (formerly Abeg App) Secures AIP for Mobile Money Operator License in Nigeria
The Central Bank of Nigeria has granted an Approval In Principle to Abeg Technologies Limited, a product of Piggytech Global Limited, as a Mobile Money...
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14.5KAfrican healthtech start-ups prompt launch of $7 million innovator support program
Healthcare consulting firm Salient Advisory has launched its latest market intelligence report highlighting promising African healthtech start-ups in supply chain. Spurred by...
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2.1KKenyan Digital Insurance firm, mTek, raises $3million
Following a recent $1.50 million investment, Kenyan insurtech, mTek, has secured an additional investment commitment from African-focused fintech platform, Finclusion Group, to-date...
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2.4KCellulant Partners With 5 Water Utility Companies in Zambia
Pan-African Payments technology company, Cellulant, has announced a digital payment partnership with five leading Zambian water utility companies; Nkana Water, Kafubu Water,...
