Equity Group has acquired a USD 165 million (Sh 18.6 billion) loan from the International Finance Corporation (IFC) to help it increase working capital and trade-related lending to its small …
Entrepreneurship
In commitment to its vision to deliver exceptional services in chosen markets and create value for stakeholders, PanAfrican Capital Holdings ‘PAC Holdings’ has set up a venture capital project, to …
uLesson, an Abuja-based ed-tech startup has raised a $15 million Series B fund. This is arguably the largest disclosed investment in Africa’s ed-tech ecosystem. Backed by Tencent, Nielsen Ventures, and …
- Entrepreneurship
Enterprise escalator impact rooms rise to prepare African startups for growth and investment
A few years ago, at the start of the fintech services boom in Africa, Oliver Blantern got an opportunity to work in the continent offering advisory services to high-growth startups. …
The third Turkey-Africa Partnership Summit will take place in Istanbul on 17-18 December. The summit, which will be hosted by President Recep Tayyip Erdoğan, is expected to launch a new …
MarketForce, a B2B retail and financial services distribution startup in Kenya, has expanded to five additional markets across Africa to grow. RejaReja — The retailer’s “SuperAppli” gives unofficial merchants digital …
- Eastern AfricaEntrepreneurship
Kenya startup wins award for developing solution to help reduce food waste
IBM and David Clark Cause have announced Mavuno Link as the Middle East and Africa Regional Winner of the 2021 Call for Code Global Challenge. This year’s regional winning solution …
- EntrepreneurshipSouthern Africa
VoxCroft Analytics closes a $2M Serie A investment round from Knife Capital
VoxCroft Analytics, a South African open-source intelligence firm, has raised $2 million in a Series A round An open-source intelligence startup in South Africa, VoxCroft Analytics has announced that it …
Sabi, a B2B network focusing on informal trading, has raised $6 million in a bridge deal. CRE Venture Capital led the round, which included investors such as Janngo Capital, Atlantica …
ShapShap, a Nigerian logistics platform focusing on deliveries in Africa’s fragmented logistics market, has raised funds from GreenTec to aid in its expansion across Nigeria. ShapShap has developed an all-in-one …