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Verod-Kepple Africa Ventures (VKAV) has closed its $60 million first fund
Verod-Kepple Africa Ventures ("VKAV") has closed its first fund of $60 million. SBI Holdings, Toyota Tsusho Corporation, Sumitomo Mitsui Trust...
Read moreBURN Raises Over $12 Million to Promote Clean Cooking Across Africa
BURN Manufacturing (BURN), the industry-leading producer, retailer, and developer of clean cookstoves, has announced the closing of a $12 million...
Read moreFloat, a South African fintech startup, has received a $11 million funding facility from Standard Bank
Float, a South African fintech startup, received a US$11 million funding facility from Standard Bank to help it launch its card-linked...
Read moreBlackBerry reports profit due to high demand for cybersecurity solutions
BlackBerry of Canada announced an unexpected profit for the fourth quarter, which was boosted by an increase in demand for...
Read moreClusterlab, a Tunisian startup, has raised $600,000 in its pre-seed funding round
ClusterLab, the Tunisian-born but now UAE-based AI startup behind the Arabic audiobook summarization app Reedz, received $600,000 in pre-seed funding to...
Read moreBasiGo, an electric bus startup in Kenya, has raised $3 million in a funding round
BasiGo, a Kenyan startup providing electric bus solutions, has received US$3 million in equity capital from CFAO Group to expand...
Read moreSprints, an Egyptian ed-tech platform powered by AI, has raised $3 million in a bridge round of funding
Sprints, an ed-tech startup based in Egypt that uses artificial intelligence and says it is "redefining education for the future,"...
Read moreRNR, a breakdown management startup based in South Africa, has raised $640k in funding
RNR, a breakdown management startup based in South Africa, has raised ZAR12 million (US$640,000) in funding to expand its team and...
Read moreMicrosoft will sell Office without Teams to customers globally in response to antitrust concerns raised by the EU
According to Microsoft, due to antitrust concerns, the company will stop selling its Teams collaboration software as a bundled product...
Read moreMoove, a Nigerian-founded mobility fintech startup, has secured a $100 million Series B funding round
Moove, a mobility fintech startup based in Nigeria, has raised $100 million in a Series B fundraising round. The total...
Read moreP1 Ventures, an African VC firm, has closed the second $35 million round of its Fund II
P1 Ventures, a local venture capital firm, has welcomed the International Finance Corporation (IFC), a division of the World Bank,...
Read morePlanet42, a startup based in South Africa, has raised $15.8 million in funding from Standard Bank
Planet42, a South African automobile subscription platform that addresses mobility inequality by placing cars in the hands of individuals who...
Read moreThe Big 5
