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Historic Milestone: Nandi-Ndaitwah Becomes Namibia’s First Female President
Apple Pledges $1 Billion to Overcome iPhone 16 Ban in Indonesia
SIFEM Invests $15M in Africa’s Thriving Credit Market with Ninety One’s Opportunities Fund 3
SPE Capital Injects $35M into Morocco’s Dislog Group to Drive Consumer Goods Expansion
Holcim Exits Nigeria with $1 Billion Deal: Sells 84% Lafarge Africa Stake to Huaxin Cement
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STARTUPS
Apple Pledges $1 Billion to Overcome iPhone 16 Ban in Indonesia
SIFEM Invests $15M in Africa’s Thriving Credit Market with Ninety One’s Opportunities Fund 3
SPE Capital Injects $35M into Morocco’s Dislog Group to Drive Consumer Goods Expansion
M-KOPA Eyes $400M Revenue Milestone, Cementing Leadership in Africa’s Pay-As-You-Go Fintech Revolution
Breega Unveils $75M Fund to Support African Startups, Highlighting Vast Opportunities
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PUBLIC SECTOR
Holcim Exits Nigeria with $1 Billion Deal: Sells 84% Lafarge Africa Stake to Huaxin Cement
Dr. Ngozi Okonjo-Iweala Secures Historic Second Term as WTO Director-General
MTN Nigeria’s $120M 5G rollout sets a new benchmark for internet speeds in West and Central Africa!
Ninety One Raises $260 Million in Initial Close for Africa and Emerging Markets Credit Fund
PepsiCo Commits R746 Million to Expand Operations in South Africa
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Year:
2023
Rwanda is set to benefit from a collaborative effort between the African Development Bank (AfDB) and the African Growing Together Fund (AGTF), as they join forces to raise USD 250 million aimed at enhancing access to water and sanitation in the country.
Calpers’ $4.5 Billion Venture Bet
Kenyan startup tappi secures $1.5 million in pre-seed funding to drive the digitization of African SMEs.
Bujeti successfully raises $2 million in seed funding to transform corporate spending across Africa
USAID has pledged $53 million to tackle the impacts of climate change in urban areas.
FAO expresses appreciation for the additional $10 million in funding.
The Mastercard Africa Growth Fund invests $27 million in Chui Ventures, VestedWorld, and SME Impact Fund.
The Food and Agriculture Organization (FAO) expresses appreciation for the United States of America’s additional funding of $10 million towards soil fertility mapping projects.
Italy has declared a €5 million contribution to the Sustainable Energy Fund for Africa during the Conference of the Parties (COP28).
Unraveling the behavioral biases that impact the decisions of venture capital funds.
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