Search results for "investment"
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4.9KEvents12 ventures selected to Pitch Live at Africa Tech Summit Connects – Oct 20-22nd
Twelve tech ventures from across the continent have been selected for the latest edition of Pitch Live at Africa Tech Summit Connects on October...
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5.4KAfrica Tech SummitPitch Live to investors and corporates at Africa Tech Summit Connects online event
Africa Tech Summit Connects and Disrupt Africa have partnered to open applications to the latest edition of Pitch Live, which will take place during next...
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6.5KGhanaAutochek acquires online Car Platforms Cheki Nigeria & Cheki Ghana
Autochek, the automotive technology company recently founded by former Cars45 CEO Etop Ikpe, has announced the acquisition of automotive marketplaces Cheki Nigeria...
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6.0KInnovationLiquid Telecom acquires data centres from Standard Bank
Africa Data Centers, part of the Liquid Telecom Group, has completed its second largest acquisition of a state of the art TIER...
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6.1KInnovationDigital asset exchange Luno is acquired By Digital Currency Group
Digital Currency Group (DCG), a global enterprise that builds, buys, and invests in blockchain companies, today announced the acquisition of Luno, a...
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8.8KSouth AfricaStandard Bank acquires 35% stake in South African fintech, TradeSafe
Standard Bank has today announced it has acquired a 35% stake in South African fintech, TradeSafe. Established in 2013, TradeSafe is an...
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7.0KInnovationAfrican payments platform DPO Group acquired for $288M – delivering a landmark fintech exit
DPO Group (DPO), one of the leading, high-growth online commerce platforms in Africa operating across 19 countries, has today entered into an...
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3.6KInnovationVALR raises $3.4M Series A to advance cryptocurrency adoption
VALR, South Africa’s largest bitcoin exchange by trading volume, announced today that it has raised R57-million (US$3.4-million) to advance the adoption of...
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5.0KInnovationNigerian B2B eCommerce platform TradeDepot secures $10M funding
TradeDepot, the B2B eCommerce platform for consumer goods in Africa, has raised a further $10 million in a pre-Series B equity round...
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4.5KInnovationKomaza raises $28M Series B for tech-enabled sustainable forestry in Kenya
Komaza, a Kenyan based tech-enabled, sustainable forestry company, secured a first close of $28m of a planned $33m Series B equity financing....
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7.3KInnovationAfrica’s e-health startups have raised over $90M this year
The number of African e-health startups operating across the continent has hit an all-time high at 180 active companies, while investment into...
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5.2KAppsNigerian fintech Carbon releases its financial results to drive transparency
Nigerian fintech Carbon, has released it’s 2019 financial statements audited by KPMG in a bid to drive transparency and trust. Carbon began...
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4.1KInnovationNaspers invests in agri-tech startup Aerobotics
Naspers announced a R100 million ($5.5M) investment in agritech business Aerobotics, through its early-stage business funding initiative Naspers Foundry. Aerobotics is a...
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3.6KEast AfricaMastercard partners with East African tech ventures to drive financial inclusion
The health and economic consequences of COVID-19 have highlighted the critical need to support vulnerable populations, many of whom are disproportionately impacted...
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3.7KEast AfricaNovastar raises $108M to invest in startups in Africa
Novastar held the final closing of Novastar Ventures Africa Fund II (NVAF II) with total commitments of $108 million. Now managing more...
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2.4KInnovationJumia cuts costs, hopes for lockdown boost
Struggling e-commerce platform Jumia Technologies reported an almost 7 percent fall in first quarter revenue due to supply chain disruptions, particularly in...
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8.1KAppsCash and Crypto app Bundle launches in Nigeria backed by Binance
Bundle, an Africa-focused social payments app for cash and cryptocurrencies, backed by Binance has launched in Nigeria. Founded by Yele Bademosi, formerly...
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5.2KInnovationTLcom invests in Nigerian fintech data platform Okra
Nigerian fintech platform Okra has secured a $1mn pre-seed fundraise from TLcom Capital, strengthening its push to build the infrastructure for Africa’s...
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3.5KInnovation54gene raises $15M Series A to accelerate African genetics research
54gene,the African genomics research, services, and development company has closed a Series A round of $15M, led by Adjuvant Capital, a life...
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4.1KAppsAntler to fund five startups tackling Covid-19 with $100K each
Global early-stage VC Antler is inviting startups tackling the Covid-19 outbreak to apply for funding. Antler plans to invest in up to...
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3.6KInnovationMobile communication solution Mobiz raises US$1m from Kalon Partners
South African venture capital firm Kalon Venture Partners today announced a US$1-million investment into Mobiz, one of the fastest growing SmartSMS marketing...
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5.1KAdvisory NewsMobile money services in Ethiopia opened up to mobile network operators
The National Bank of Ethiopia (NBE) has announced a new directive opening up mobile-money services in Ethiopia to mobile operators according to...
