Spiro Secures $50 Million Debt Facility from Afreximbank to Accelerate African Electric Vehicle Expansion

Spiro Secures $50 Million Debt Facility from Afreximbank to Accelerate African Electric Vehicle Expansion

Kenyan e-commerce startup, Copia Global, which has raised $123 million in venture funding, is considering laying off employees or shutting down due to uncertainties

Kenyan e-commerce startup, Copia Global, which has raised $123 million in venture funding, is considering laying off employees or shutting down due to uncertainties

Accion Launches $152.5 Million Digital Transformation Fund to Boost Financial Inclusion in Africa

Accion Launches $152.5 Million Digital Transformation Fund to Boost Financial Inclusion in Africa

d.light Secures $3.4 Million Grant for Solar Power Project in Ugandan Refugee Settlements

d.light Secures $3.4 Million Grant for Solar Power Project in Ugandan Refugee Settlements

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Spiro Secures $50 Million Debt Facility from Afreximbank to Accelerate African Electric Vehicle Expansion

Spiro Secures $50 Million Debt Facility from Afreximbank to Accelerate African Electric Vehicle Expansion

Kenyan e-commerce startup, Copia Global, which has raised $123 million in venture funding, is considering laying off employees or shutting down due to uncertainties

Accion Launches $152.5 Million Digital Transformation Fund to Boost Financial Inclusion in Africa

d.light Secures $3.4 Million Grant for Solar Power Project in Ugandan Refugee Settlements

NGX Group Generates N6.96 Billion from Transaction Fees and Treasury Investment Income

Google’s 2024 Hustle Academy Cohort Now Accepting Applications, Featuring AI Training for African SMEs

Top 50 Africa’s Fastest Growing Companies: Ranking for 2024

Senegalese B2B e-commerce startup, Maad Raises $3.2 Million for West Africa Expansion

Federal Government of Nigeria Generates N4.2 Billion from Nigerian Savings Bonds in April 2024

NCBA secures $50 million from Proparco for SMEs and green financing.

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E Squared Investments Supports Zaio’s EdTech Evolution with Strategic Funding Aimed at Enhancing Digital Skills

Senegalese Startup ProXalys Raises $500,000 to Expand its Services.

UBA, led by Tony Elumelu, achieves a market capitalization milestone, surpassing the ₦1 trillion mark ($1.13 Billion)

Pade disbursed approximately $7.8 million in salaries for its clients in 2023

United Nations Development Programme Launches $1 Billion Fund to Propel Africa’s Tech Startups onto the Global Stage.

Ghana’s Cutting-Edge $1.98 Billion Refinery Begins Operations, Paving the Way for Economic Growth.

Understanding Venture Capital

MTN Group Commits $215 Million to Benin’s Infrastructure Development

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Spiro Secures $50 Million Debt Facility from Afreximbank to Accelerate African Electric Vehicle Expansion

Accion Launches $152.5 Million Digital Transformation Fund to Boost Financial Inclusion in Africa

d.light Secures $3.4 Million Grant for Solar Power Project in Ugandan Refugee Settlements

Google’s 2024 Hustle Academy Cohort Now Accepting Applications, Featuring AI Training for African SMEs

Top 50 Africa’s Fastest Growing Companies: Ranking for 2024

Senegalese B2B e-commerce startup, Maad Raises $3.2 Million for West Africa Expansion

NCBA secures $50 million from Proparco for SMEs and green financing.

Development Bank Distributes N787 Billion to Support 495,000 MSMEs in Nigeria.

Safaricom Smashes Market Predictions, Surges with $1.07 Billion Earnings.

Egyptian Fintech Startup MNZL Raises $3.5 Million to Transform Asset-Backed Lending in Egypt and the MEA Region

Lesaka Acquires South African Fintech Firm Adumo in $85.9 Million Deal

Axmed Secures $2M to Transform Drug Chains in Underserved Markets

Jumia’s Remarkable Turnaround: Orders Surge and Losses Plummet by 71% in Nigeria and Ghana

Empathy-Driven Innovation: The Key to StartupSuccess

DAAYTA 2024 Awards N12 Million to Seven Winning Companies

Egyptian Fintech Swypex Unleashes Innovative Platform After Securing $4 Million Seed Investment

Fortifying Digital Defenses: Nigerian Banks and Tech Providers Unite for Cybersecurity Levy

Unlocking Innovation: €300,000 Grant for Data-Driven Social Impact Projects in Africa

South African Startups to Participate in the Irish Tech Challenge, worth €10,000 in grant funding

Kenyan Agritech Startup iProcure Placed Under Administration After Failing to Settle Undisclosed Debts despite raising $17.2 million

Logistics Partner Renda Secures $1.9 Million to Scale Operations in Nigeria and Kenya

Nigeria Receives $12 Million VaxSocial Initiative Funding to Strengthen Vaccine Confidence

Canza Finance Secures $2.3 Million in Seed Funding to Enhance Cross-Border Payments and Infrastructure Development in Africa

Chowdeck, the Nigerian on-demand delivery service, has successfully secured $2.5 million in seed funding.

The valuation of OPay, a Nigerian fintech startup, has surged by more than 30% reaching close to $3 billion

Kubik Concludes Seed Round with $5.2 Million, Including $1.86 Million in Additional Funding

The Debt Management Office (DMO) successfully auctioned Treasury Bills valued at N2.669 trillion

The Peer, a Nigeria-based API startup will return $350,000 to investors after shutting down

Madica Makes Inaugural African Investments, Allocating $200,000 to Three Startups Each.

Call for Application: Pitch2Win4! Early-Stage Startups with Innovative Solutions to Compete for $10,000 Cash Prize & Trip to Japan

Edtech Startup HyperionDev Raises $5 Million to Scale Operations

TLcom Capital Completes Second Fundraising Round, Securing $154 Million

Egyptian fintech startup Bokra secures $4.6 million in pre-seed funding to fuel wealth expansion efforts.

Authorities Arrest 19 Individuals Linked to $2.1 Million Debit Card Fraud Investigation at Equity Bank Kenya

Beltone Venture Capital Teams Up with Citadel International to Oversee $30 Million Startup Fund

Egyptian-American Enterprise Fund Pledges $50 Million to Tanmiya Fund

Spatialedge, powered by AI, secures $3 million to expand its operations in South Africa.

The Folklore, a B2B marketplace, secures $3.4 million in seed funding.

Twelve South African Startups Selected for Injini-Mastercard Foundation EdTech Fellowship for Innovation

Private Capital Report Names Southern Africa as Top Investment Region in Africa

South African fairly-used Car Company, WeBuyCars Targets $420 Million Valuation with Planned JSE Listing

SunCulture Secures $12 Million to Expand Solar-Powered Irrigation Solutions Across Sub-Saharan Africa

Renew Capital Invests in Ghana’s Affinity, a Full-Scale Digital Bank Aiming to Serve 350 Million Unbanked Adults in Africa

Africa’s Largest Mezzanine Debt Fund Manager, Vantage Capital, Invests R346 Million (Approximately $18.7 Million) in South Africa’s Procera Group, a Business Process Outsourcing (BPO) Services Provider

RevUp Women Initiative Grants $100,000 to 10 Female African Entrepreneurs

Verod-Kepple Concludes Inaugural Fundraising Round at $60 Million to Back 21 Growth-Stage Start

12 African entrepreneurs awarded a total of US$400,000 in grants from the FINCA Ventures Prize Competition.

ThriveAgric and Acorn Rabo Bank Collaborate to Generate $56 Million in Carbon Revenue for 30,000 Nigerian Farmers

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