Paris-based Ÿnsect bags €160M
Paris-based Ÿnsect, a company that produces protein and natural insect fertilizers, has reportedly raised €160M in a fresh round of funding. ...
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Tag: technology news africa
Portuguese edtech startup Miles in the Sky raises €1.5M
Lisbon-based Miles in the Sky, an edtech startup that aims to transform the learning experience for students and professionals, announced that it has ...
Colombian startup Kala raises $4M
Kala raised $4M in an investment round led by Cometa. Investors like Canary, Acrew, Clocktower, and 99 Startups also participated in the round. The new funding brings ...
The Impact of Mobile Technology and Social Media in Africa
In recent years, Africa has witnessed a rapid rise in mobile technology and social media usage, bringing about significant changes ...
e&, a company based in the UAE, has invested $400M to acquire a controlling stake in the ride-hailing service Careem’s Super App
According to a filing by e&, the Emirates Telecommunications Group Company (EAND.AD) has agreed to pay $400 million to acquire ...
Shuttlers, a Nigerian mobility startup, has secured $4 million in funding
Shuttlers, a prominent tech-enabled, scheduled mass transit provider in Nigeria, has secured US$4 million in equity capital to further expand ...
Paymenow, a South African startup that provides access to earned wages, receives a $14 million debt facility
Paymenow, a South African earned income access platform, received a ZAR250 million (US$14 million) loan facility through Rand Merchant Bank ...
Equator, a climate-tech venture capital firm, has just announced the $40 million USD first closing of its first fund
Equator, a climate-tech venture capital firm with a focus on Sub-Saharan Africa, announces the initial close of its first fund ...
Novastar’s Africa People + Planet Fund receives $25M in funding from DFC
A new fund launched by Pan-African venture capital firm Novastar Ventures has received a $25 million equity investment from the ...
Camel Ventures, an Egyptian firm, has launched a fintech fund with $16 million.
Camel Ventures, an Egyptian venture capital firm, has launched an EGP500 million ($16 million) fund to support the nation's fintech ...
Peach Payments, a fintech start-up in South Africa, has raised $31 million in a Series A round of funding
Peach Payments, a fintech startup based out of South Africa, has just raised US$31 million in Series A funding from ...
Goodwell Investments and Oxfam Novib have launched a $22 million fund to help East African SMEs
A new EUR20 million (US$22 million) fund has been announced by Goodwell Investments and Oxfam Novib to invest in early-stage ...
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