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Investments
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African Innovators gets a break thanks to the MultiChoice Innovation Fund
MultiChoice an internet distribution service, supports young and passionate entrepreneurs through its "The MultiChoice Innovation Fund" initiative. This support was...
Read moreVerdant Capital raises USD 9.9 million in Series A funding for Tugende, a technology-enabled MSME in East Africa, received equity funding
The USD 3.6 million extension round, negotiated and structured in 2020, was funded by Partech Africa, a member of the...
Read moreBaobab+, a West African solar distributor, raises €4 million to expand its business in Côte d’Ivoire and Senegal.
Baobab+, a French West African distributor of solar home systems, has announced that it has received €4 million in funding...
Read morePlatform Capital celebrates the Closing of MaC Venture’s $110 Million Fund
Platform Capital, an early investor in the fund, hosted an exclusive celebratory dinner On Sunday, April 4th, 2021 in Los...
Read moreAlgebra Ventures, an Egyptian venture capital company, has launched a $90 million second fund
Algebra Ventures, Egypt's venture capital company, announced the launch of its $90 million second fund, which will invest in startups...
Read moreKenya is the most attractive destination for Japanese companies looking to expand their investments in Africa, according to recent survey
According to a survey, Kenya is the most appealing destination for Japanese companies looking to invest in Africa, beating out...
Read moreCanva, a software company, is now valued at $15 billion after receiving $71 million in funding
Canva, an Australian software firm, revealed that its value had more than doubled to $15 billion following a $71 million...
Read moreSawari Ventures, an Egyptian venture capital company, has closed a $69 million fund to invest in Egyptian startups
Sawari Ventures, based in Cairo, announced today that it has closed its Egyptian fund with new commitments totaling $28 million...
Read moreTakeStep, an Egyptian mental e-health startup, has raised seed funding to expand into GCC region
TakeStep, an Egyptian e-health startup, has raised seed funding to extend its operations to the Gulf Cooperation Council (GCC) area...
Read moreMastercard to invest $100 million in Airtel Africa’s mobile money unit
Mastercard Inc, a global payment processor, is investing $100 million in Airtel Africa's mobile money operations, valuing the firm at...
Read moreDidi Chuxing, China’s e-hailing service, is expanding into South Africa
SoftBank-backed China's leading e-hailing service, Didi Chuxing is expanding into South Africa, to challenge market leaders Bolt and Uber. The official...
Read moreMubadala and Abu Dhabi Catalyst Partners invest $150 million in Telegram
Mubadala Investment Company and Abu Dhabi Catalyst Partners invest $150 million in Telegram, a social media platform, in 5-year pre-IPO...
Read moreThe Big 5
