Funding

Kenya has unveiled plans to establish a national sovereign wealth fund and an infrastructure investment fund, aiming to mobilise long-term...

The World Bank has announced the resumption of concessional financing to Uganda, pledging over $2 billion in new funding over...

The African Engineering and Technology Network (Afretec), led by Carnegie Mellon University Africa, has announced the allocation of $2.3 million...

Cameroonian fintech startup REasy has raised $1.8 million in pre-seed funding to streamline cross-border payments for small and medium-sized enterprises...

South Africa's National Treasury has garnered significant international attention for its $500 million foreign currency financing initiative, launched in July...

Chocolate City Group, one of Africa’s leading entertainment companies, has unveiled a $1 million Founders Fund aimed at supporting early-stage...

South African telematics innovator Ctrack Holdings has secured $23.4 million in equity funding to propel its global growth strategy. The...

Egyptian cleantech startup Tagaddod has successfully raised $26.3 million in a Series A funding round to accelerate its expansion and...

Dubai-based fintech company Optasia has announced plans to list on the Johannesburg Stock Exchange (JSE), aiming to raise up to...

Nigeria's beleaguered telecom operator, ntel, is poised for a significant revival, thanks to a fresh, undisclosed capital infusion facilitated by...

In a high-profile announcement, Ghana’s President John Dramani Mahama unveiled a new $50 million government fund designed to support indigenous...

Egyptian fintech startup Sabika has secured a six-figure USD investment led by M-Empire Angels to enhance its Sharia-compliant digital gold...