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Founders 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...

Andela Secures $100M Series led by Al Gore's, Generation Investment Management

4.8K

Innovation

Andela 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...

Rwanda emerging as a key tech and investment hub in Africa

9.3K

Innovation

Rwanda 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...

UMO secures US$12.5M investment from Odey Asset Management

5.8K

Innovation

JUMO 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...

AI startup FinChatBot secures investment in South Africa

6.7K

Apps

Fintech 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...

3.3K

Innovation

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...

Investment in African tech startups grows by 51%

4.1K

1

Innovation

Investment 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...

50M Euros for start-ups in Africa through Orange Digital Investment vehicle

3.2K

East 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...

Bastian Gotter to leave Iroko and pursue Africa-related start-up investments

4.8K

Innovation

Bastian 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 /...

New seed investment firm Outlierz launches in Morocco

4.5K

Innovation

New 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...

Investec makes investment in Mobisol off grid solar

4.0K

East Africa

Investec 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...

4.2K

Apps

Mobile Ad Start-Up Sliide Airtime Gains Investment From Singularity Investments

Singularity Investments has invested an undisclosed sum into Sliide Airtime, a mobile advertising technology start-up that gives consumers free airtime in return...

4.6K

Apps

BitPesa gains investment to grow BitCoin business in Africa

BitFury Group, the world’s leading Bitcoin Blockchain infrastructure provider and transaction processing company, has made an investment in BitPesa, one of Africa’s leading bitcoin...

3.9K

Apps

African online travel agent secures $40M investment

Travelstart was founded in Sweden in 1999 by its CEO Stephan Ekbergh. Operating in Africa from its Cape Town headquarters since 2006,...

Nigerian payment service provider Paga has launched a new app called Paga for Android to bolster it's growing payment service in Nigeria.

4.6K

Apps

Paga to capitalise on new investment

With the majority of Africans unbanked, mobile money and payments are critical and one of the biggest hurdles for the growth of...

East Africa

UK crowdfunding platform opens the door to emerging markets investments

A new UK crowdfunding platform aims to give UK-based investors the chance to invest in some of the most exciting frontier and...

Nigeria

Nigerian financial app provider gains investment

Business Connexion (BCX) has acquired a 30% strategic interest in AppZone Limited, an information technology solutions provider in Lagos, Nigeria.

Events

Demo Africa: Start-ups chance to win $500K equity investment

DEMO Africa has teamed up with Seedstars World for the first flagship event in Accra, Ghana in a bid to boost the...

Kenya

David Sainsbury Launches East African Investment Company

British retail billionaire Lord David Sainsbury has set up an investment vehicle to invest solely in East African businesses. According to report by Kenyan newspaper Business Daily,...

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Funding

Talk360 secures $1.4 million pre-Series A

Talk360, the international calling app that connects with reliable and affordable calls to any landline or mobile phone, has successfully raised $1.4...