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Wingcopter receives funding of US$42 million to expand its network throughout sub-Saharan Africa
The German company Wingcopter, which makes and offers delivery drones, said that it has raised $42 million from reputable financial...
Read moreEquinix expands into Africa with the completion of its US$320 million acquisition of MainOne
Equinix Inc, the world's digital infrastructure firm, said that it has finalized the acquisition of MainOne, a West African data...
Read moreWith the acquisition of super agent network Baxi, MFS Africa expands into Nigeria.
MFS Africa has announced the acquisition of Baxi, one of Nigeria's premier super-agent networks. The merger, which is still awaiting approval...
Read moreAmazon plans to create 1,500 jobs in the United Arab Emirates this year
As part of its expansion plans in the United Arab Emirates, Amazon said it expects to create 1,500 direct and...
Read moreGlovo, an on-demand delivery business, wants to invest $60 million in expanding across Africa
Glovo, a Spanish on-demand delivery service, has announced that it will invest $60 million over the next 12 months to...
Read moreSwvl, an Egyptian mobility startup, has expanded into Europe, Latin America, and Asia through the acquisition of Shotl, a mass transit SaaS platform
Swvl, an Egyptian startup that provides transformative mass transit and shared mobility solutions, has announced a definitive agreement to purchase...
Read moreJimmy Ku has been appointed as the Head of US Growth at Flutterwave
Jimmy Ku, a silicon valley and venture capital veteran, has been appointed as Flutterwave's Head of US Growth. Ku's appointment...
Read moreMaxAB, an Egyptian B2B e-commerce platform, has raised $40 million in a Series A round of funding.
MaxAB, an Egyptian B2B e-commerce platform for food and grocery stores, has raised $40 million in a Series A round...
Read moreHomzmart, an Egypt-based marketplace platform, has raised $15 million in a Series A funding round to help it expand
Homzmart, a furniture and home goods marketplace platform in the Middle East, has closed a US$15 million Series A funding round...
Read morePaystack, Nigerian fintech startup has launched in South Africa after a 6 month pilot
Paystack, a Nigerian payments platform, has started operations in South Africa after a six-month pilot, making it the startup's third...
Read moreThe Big 5
