Search results for "investment"
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5.1KInnovationRand Merchant Investments & AlphaCode successfully exits investment in Luno
Rand Merchant Investments (RMI), through its fintech investment arm, AlphaCode has today exited its investment in Luno having been acquired today by...
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4.4KAfrica Tech SummitAfrica Tech Summit Connects to drive business and investment with virtual Summit
Africa Tech Summit (ATS) is set to celebrate its 10th edition online, connecting a global audience with Africa Tech Summit Connects taking place...
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4.9KInnovationFacebook’s connectivity investments to deliver $57B economic benefit across Africa by 2024
Facebook released findings from The Impact of Facebook’s Connectivity Initiatives in Sub-Saharan Africa , a study conducted by Analysys Mason that highlights...
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3.6KEast AfricaGoodwell Investments leads Series A in East Africa Fruits
East Africa Fruits Co., a Tanzanian company addressing food distribution challenges to improve efficiencies in the farm-to-market sector, announced that it closed...
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3.3KAppsKenyan logistics platform Amitruck gains investment from GreenTec Capital
GreenTec Capital has announced an investment in Kenya’s Amitruck, a mobile and web-based trucking logistics platform that brings together cargo owners and transporters....
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3.3KEast AfricaWomen’s e-commerce platform Kasha gains new investment for expansion
The Finnfund has invested $1M in Kasha, the Rwandan e-commerce platform improving women’s access to genuine health, hygiene and self-care products in East...
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2.4KAdvisory NewsDigital demand fueling growth and investment into data centres in Africa
At the recent Africa Tech Summit Kigali 2020, it was stated that data is in fact Africa’s “new blood” rather than the “new...
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3.0KEast AfricaJUMO raises USD55m backed by Goldman Sachs and Leapfrog Investments
JUMO a fintech focusing on next-generation financial services for emerging market entrepreneurs, has raised USD55 million in debt and equity funding from...
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2.7KInnovationAfrican Development Bank approves $20 million investment in renewable energy fund for Sub-Saharan Africa
The Board of Directors of the African Development Bank has approved a $20 million investment in the Metier Sustainable Capital International Fund...
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4.7KAdvisory News2019: The big year of tech investment in Africa
2019 was the year that dealmaking on the continent got serious. Very serious. In November alone, indeed one specific seven day period...
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4.8KInnovationLeapFrog Investments new US$700M fund to invest in Africa and Asia
LeapFrog Investments recently announced the largest-ever private equity fund by a dedicated impact fund manager, surging past its US$600mn target to reach...
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4.9KInnovationFounders Factory Makes First Investments In Five African Startups
Founders Factory Africa (FFA) and Standard Bank has selected five African startups for its six-month long acceleration programme and for investments of...
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4.7KInnovationAndela Secures $100M Series led by Al Gore’s, Generation Investment Management
Andela today announced the completion of a $100M Series D funding, led by Generation Investment Management with participation from existing investors including Chan...
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9.1KInnovationRwanda emerging as a key tech and investment hub in Africa
As South Africa, Kenya and Nigeria dominate the African tech ecosystem, Rwanda is slowly, yet assuredly, emerging as a key tech and...
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5.6KInnovationJUMO secures US$12.5M investment from Odey Asset Management
JUMO, the technology platform for operating inclusive mobile financial services marketplaces in emerging markets, today announced a US$12.5 million investment from Odey...
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6.5KAppsFintech startup FinChatBot secures investment in South Africa
FinChatBot has recieved a co-investment from South African venture capital firm Kalon Venture Partners and Mauritius-based VC Compass. FinChatBot develops chatbots to...
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3.2KInnovation
A24Media announces $1M media technology investment fund at Africa Tech Summit Kigali
A24Media has announced a $1M media technology investment fund today at Africa Tech Summit Kigali. The fund is aimed to support technology developers...
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4.0K1InnovationInvestment in African tech startups grows by 51%
Investment into African tech startups hit the highest levels since records began in 2017, with 159 startups raising in excess of US$195...
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3.1KEast Africa€50M for start-ups in Africa through Orange Digital Investment vehicle
Orange is strengthening its corporate venture strategy by creating a new Africa section in its flagship programme for investment in start-ups, Orange Digital Ventures. As...
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4.6KInnovationBastian Gotter to leave Iroko and pursue Africa-related start-up investments
Iroko today announced that Bastian Gotter, the company’s co-founder and original seed investor, is moving on from his role as COO /...
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4.3KInnovationNew seed investment firm Outlierz launches in Morocco
After three years of hard work on the ground, connecting entrepreneurs and building a startup community in Morocco, a team of entrepreneurs...
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3.8KEast AfricaInvestec makes investment in Mobisol off grid solar
Investec Asset Management is making a significant private equity investment in Mobisol, a provider of off-grid solar home systems in Africa. The...
