Cartona, a Cairo-based B2b marketplace that directly connects retailers with suppliers and manufacturers via an application has secured a $4.5 million pre-Series A funding round Founded in August 2020, focuses …
Entrepreneurship
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Entrepreneurship
The Global Center on Adaptation (GCA) and the African Development Bank (AfDB) have partnered on a joint mission to accelerate climate adaptation action under the African Adaptation Acceleration Program (AAAP). …
The Global Innovation Initiative Group (GIIG), has announced the launch of GIIG Africa Fund, a Curaçao-based private investment fund aimed at investing in early-stage tech innovation startups across Africa. The …
54gene, a Nigerian health technology company announced on Thursday that it has closed a $25 million Series B financing round. The round was led by Cathay AfricInvest Innovation Fund and …
Nigerian agritech startup, which specializes in proprietary hardware and software solutions to drive the industrialisation of food processing in Africa, has raised US$4.2 million in seed equity and grant funding …
- Entrepreneurship
Puratos Group gains €1 billion financing towards Cacao-Trace cocoa sustainability initiative
The Puratos group’s cocoa sustainability scheme, Cacao-Trace, has received a major boost as a group of private investors has agreed €1 billion finance package for the initiative, reports Neill Barston. …
- EntrepreneurshipNorthern Africa
Egyptian Fintech MNT-Halan Attracts Circa US$120 Million From Global Investors
MNT-Halan, Egypt’s leading fintech ecosystem, announced today a circa US$120 million investment by major global and regional growth investors: Apis Growth Fund II, Development Partners International (DPI), and Lorax Capital …
- Eastern AfricaEntrepreneurship
Kenya fintech Pezesha gets 7-figure seed extension Capital to fuel Africa expansion
Kenyan fintech startup Pezesha designed to create digital financial that connects small and medium-sized businesses to working capital offered by banks, MFIs, and other financial institutions or networks has announced …
KOICA (The Korea International Cooperation Agency) just signed a Record of Discussion with Rwanda’s Finance and Education ministries for the implementation of the US$7.1 million Rwanda Coding Academy (RCA) Capacity …
- EntrepreneurshipWestern Africa
Francophone Africa’s largest Serie A makes Wave the new $1.7B valued unicorn
Sequoia Heritage, Stripe, Founder’s Fund, and Ribbit Capital led a $200 million Serie A round of funding into Wave – a U.S and Senegalese mobile money payment provider. Other players …