Speedaf express a leading China-Africa integrated logistics service provider, officially announced the completion of its Round A+ financing. This round of financing was led by TRUSTBRIDGE, followed by northern light …
Entrepreneurship
- Banking, Finance & InvestmentEntrepreneurship
Africa’s Business Heroes joins other partners from across Africa to identify and support talented African entrepreneurs for the 2021 prize competition; this is as a result of a strong level …
- Banking, Finance & InvestmentEntrepreneurshipWestern Africa
Tony Elumelu Foundation, DEG Partner to Empower 200 Additional Entrepreneurs Across Africa
The Tony Elumelu Foundation (TEF), Africa’s leading philanthropy empowering young African entrepreneurs from all 54 African countries, has partnered with DEG, the German development financial institution supporting the private sector …
- ChipperEntrepreneurship
African fintech startup, Chipper cash reaches Unicorn status, secures $100m in Series C round
Chipper Cash, a fintech startup that facilitates cross-border payment across Africa has raised $100 million in a Series C round led by Silicon Valley Bank’s investment arm. Joining SVB Capital …
Ledn, a cryptocurrency lending and savings platform based in Canada, has managed to raise $30 million in its latest funding round. The money raised will be used to expand its …
The Ethiopian government has awarded a telecom service license to the Global Partnership for Ethiopia, a consortium of telecom companies. The consortium, which includes Vodafone, Vodacom, Safaricom, Sumitomo Corporation, and …
- EntrepreneurshipWestern Africa
Nigeria’s Mono raises millions to power the internet economy in Africa
API fintech startup, Mono, has announced a raise of $2 million in seed funding to power the internet economy in Africa. The investment comes nine months after the company raised …
South African fintech startup Ukheshe Technologies has announced that it will be expanding its footprint into the Asia-Pacific region as it introduces innovative digital-first payment solutions. The startup says it …
Mazi is an electric mobility startup Venture builder Satgana announced its first portfolio startup from Nairobi, Kenya, Mazi Mobility, to address the public transport industry’s issues by electrifying the motorcycle …
- Eastern AfricaEntrepreneurshipTechnology
Invest Africa and Absa Group announce strategic collaboration
Invest Africa the leading business and investment platform for African markets, and Absa Group, one of Africa’s largest diversified financial services groups, are pleased to announce a strategic collaboration, aimed …