Latest News
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828FundingTLcom Closes Africa’s Largest Early-Stage VC Fund at $154 Million
TLcom Capital, the Africa-focused venture capital firm, announced the final close of TIDE Africa Fund II, its second fund for technology in Africa,...
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1.7KAfrica Tech SummitAfrican Tech Ventures Invited to Apply for the Investment Showcase at the 8th Africa Tech Summit London
Africa Tech Summit (ATS) London, the leading tech conference that drives business and investment opportunities across the continent, will host its eighth...
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915FundingSunCulture Raises $27.5M in Oversubscribed Series B Funding
SunCulture, a leading provider of solar-powered irrigation solutions and agricultural technology to smallholder farmers, is thrilled to announce the successful close of...
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813FundingPula Closes USD 20m Series B Funding Round to Finance Millions of Farmers in Africa
Agricultural insurance and technology company Pula announced that it closed a USD 20 million series B fundraising round that will help thousands...
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799InnovationMastercard and Equity Bank Join Forces to Enhance Cross Border Money Transfers in Kenya
Mastercard and Equity Bank have announced a strategic collaboration that will enable Equity Bank customers to send money safely and securely to...
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1.1KFundingVantage Capital Invests R346m into Procera Group
Vantage Capital (www.VantageCapital.co.za), Africa’s largest mezzanine debt fund manager, announced that it has made a R346m investment into Procera Group (Pty) Limited...
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979FundingVerod-Kepple Africa Ventures (VKAV) Closes its First Fund at $60M
Verod-Kepple Africa Ventures (“VKAV”) is pleased to announce that it has closed its first fund at $60 million. Key institutional investors in the...
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771InnovationAWS Unveils Deadline Cloud, a New Service to Transform Content Rendering Pipelines
Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company (NASDAQ: AMZN), today announced the availability of AWS Deadline Cloud, a fully managed...
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772InnovationRoam and Mogo Partner to Accelerate the Adoption of Electric Motorcycles in Kenya
Kenyan-based electric mobility pioneer, Roam, has announced a strategic partnership with Mogo, a prominent asset financier in East Africa. This collaboration marks...
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772FundingBaobab Network Acquires Reflector Marketing
Baobab Network (“Baobab”), an early-stage investor that backs startups across Africa, today announced the acquisition of Reflector Marketing, a strategy and branding agency...
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807FundingAdenia Closes Fifth Flagship Fund Oversubscribed at $470M
Adenia Partners (“Adenia”), a leading private equity firm focused on growth opportunities in Africa, has successfully closed its fifth fund, Adenia Capital...
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792FundingBURN Secures Over USD 12 Million Investment to Expand Clean Cooking Across Africa
BURN Manufacturing (BURN), the world’s leading clean cookstove manufacturer, distributor, and carbon project developer, announced the successful completion of a follow-on carbon project...
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689InnovationYango Delivery Launches Cargo Express to Improve Large Item Shipping Efficiency in Africa
Yango Delivery, a technology company providing a platform for placing and receiving in-city delivery orders has introduced Cargo Express, its latest offering...
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548FundingSprints Raises $3mln Bridge Round to Scale its AI Edtech Platform
Sprints.ai, the AI-powered EdTech redefining education for the future, announces a $3 million bridge fundraising round led by Disruptech Ventures, with investments...
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942FundingIFC Invests in New 4DX Ventures Fund to Support Tech Startups in Africa
IFC is investing $10.5 million in a new fund by 4DX Ventures, a New York-based venture capital firm focused on supporting early-stage...
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495FundingHAVAÍC Reinvests R12 Million in Fleet Breakdown Platform RNR
HAVAÍC has led an R12 million follow-on investment round in RNR (Right Now Response). The VC firm contributed R10 million following an...
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635FundingZone Raises $8.5m in Seed Funding to Scale its Decentralized Payment Infrastructure
Zone, Africa’s fast-growing payment infrastructure company (the “Company”), today announced that it has raised $8.5 million in an oversubscribed seed funding round led by reputable VC...
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663InnovationProparco and NCBA Group Join Forces to Support Green Financing and Women Economic Empowerment in Kenya
Proparco has signed a USD 50m facility with NCBA Kenya, a leader in the financial services sector. The funding will contribute to...
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1.5KInnovationTuraco Soars as First African InsurTech on Fast Company’s 2024 Most Innovative Companies List
Turaco, Africa’s leading insurtech providing simple and affordable insurance, has been named on Fast Company’s annual list of the World’s Most Innovative Companies...
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832FundingMoove secures USD $100 million Series B round
Moove, the global mobility fintech that democratises access to vehicle ownership for mobility entrepreneurs, today announces that it has raised $100 million in a...
