Search results for "development"
-
435NewsIFC, TLG Capital Announce $75m First Close of African Private Credit Fund to Support SMEs
To support small and medium sized enterprises in Africa—and to protect jobs at those businesses—IFC and TLG Capital announced the first close...
-
544NewsKofa Closes $8.1 Million Pre-Series A Round to Expand Energy Access in Urban Africa
Kofa, leading technology-driven energy company and end-to-end ecosystem enabler, has closed an $8.1 million pre-Series A funding round. The investment, comprising $3.25...
-
353NewsThe Government of Ghana Taps Zipline to Maintain Supply Chain Resilience Amid USAID Disruption
In the wake of ongoing disruptions to USAID’s supply chain, the Government of Ghana has partnered with Zipline, the world’s largest autonomous logistics...
-
256NewsInfraCredit Secures Strategic Investment from Mobilist as it Transitions to a Public Company
InfraCredit, a ‘AAA’-rated specialised infrastructure credit guarantee institution, has announced the successful equity investment by the UK Government-backed MOBILIST programme, alongside other...
-
405NewsMobile Money Surpasses Two Billion Registered Accounts and Over Half a Billion Monthly Active Users Globally
Mobile money reached two significant milestones in 2024, surpassing two billion registered accounts and over half a billion active monthly users across...
-
353NewsPeach Payments Acquires West-African Payments Gateway PayDunya
Digital payments gateway Peach Payments has agreed to acquire West-African payment platform PayDunya. In the process, it enters mainland Francophone Africa for the...
-
394NewsProparco Partners with CRDB Bank to Boost MSME Growth in Tanzania with €48 Million in New Guarantees
Proparco renewed its strategic partnership with CRDB Bank Plc, Tanzania’s largest financial institution, by granting two new guarantees worth €24 million each,...
-
350NewsInfiniLink Secures $10M Funding from MediaTek, Sukna Ventures, and Egypt Ventures
InfiniLink, an innovative semiconductor startup specializing in advanced optical data connectivity chips for AI-driven data centers, announced the successful closure of a $10M funding...
-
508NewsCassava Technologies collaborates with Microsoft to launch community engagement initiative creating youth employment opportunities in South Africa’s renewable energy industry
Pan-African technology company Cassava Technologies (www.CassavaTechnologies.com), in a strategic collaboration with Microsoft, has launched a community engagement initiative focused on South Africa....
-
368NewsDigital Payments Economy in Africa Expected to Reach $1.5 trillion by 2030
Africa’s digital payments economy is set to grow from strength to strength according to a Mastercard-commissioned report by Genesis Analytics stating that...
-
257NewsPayhippo Rebrands to Rivy, Raises US$4M in Pre-Series A Funding
Rivy, an AI-powered lender for Africa’s renewable energy sector, announced its rebrand from Payhippo and the successful closing of a US$4 million in...
-
390NewsDeimos Advances DevSecOps with AI-Powered Automation on Google Cloud
In a transformative move to advance Development Security Operations (DevSecOps), Deimos, a leading hybrid and multi-cloud technology company, partnered with Salus Cloud,...
-
434NewsMastercard Strengthens Collaboration with Paymentology to Drive Financial Inclusion in South Africa
Mastercard is deepening its collaboration with Paymentology, a next-generation global issuer processor, to facilitate card issuance for fintech companies in South Africa....
-
428NewsLoftyInc Capital Announces $43M First Close of its New Pan-African Seed Fund
LoftyInc Capital Management announced the first close of $43m for its new LoftyInc Alpha Fund, a late-seed focused investment vehicle that will...
-
619NewsDashen Bank Partners with Accion and Mastercard to Connect Small Businesses to the Digital Economy
Dashen Bank, one of Ethiopia’s leading private banks, has partnered with global nonprofit Accion and the Mastercard Center for Inclusive Growth to...
-
280NewsDriving the Growth of Kenya’s Payment Acceptance Market
Shehryar Ali, Senior Vice President and Country Manager for East Africa and Indian Ocean Islands at Mastercard, at the recently concluded Africa...
-
428Africa Tech Summit55 Finalists Announced for the Inaugural Africa Tech Summit Awards 2025
The Africa Tech Summit Awards has announced the 2025 finalists, celebrating individuals and companies impacting the technology sector across the continent. The winners will...
-
531Newsi3 Calls for Applicants to 3rd Cohort for Program Enabling African Healthtech Innovators
Investing in Innovation Africa (i3), a pan-African initiative to support African healthtech startups to commercialise and scale their offerings, is calling for leading...
-
474NewsMoneyHash Raises $5.2M Pre-A Funding
MoneyHash, the first and leading payment orchestration platform operating in the Middle East and Africa (MEA), has secured $5.2M in pre-A funding. Flourish...
-
440NewsOPEC Fund Invests US$30 Million to Egypt’s Wind Farms
The OPEC Fund for International Development (the OPEC Fund) is co-financing Africa’s largest onshore wind power project, contributing US$30 million to the...
-
599FundingVentures Platform ClimateTech White Paper Calls For Climate-resilient Business Models in the African Tech Sector
Ventures Platform, an early-stage venture capital fund investing in innovative startups across Africa has published its landmark climatetech whitepaper entitled, “Innovating for a...
-
805InnovationTLP Advisory Marks 10 Years with New Report on Nigeria’s Startup Ecosystem
TLP Advisory, the venture law firm headquartered in Lagos, with offices in London and New York marks ten years of operation with...
