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Egyptian Startup Teradix Wins $140K Grant for Saudi Expansion
Sahel Capital Invests $1 Million to Accelerate Growth of Ugandan Coffee Exporter Sukuma Ventures
African Development Bank Unveils $75 Million Financing Package to Support ETG’s Expansion in Africa
Harvard’s $55K New Venture Competition Now Open for African Startups
UK Pledges $5.2 Million Investment to Support Kenya’s SMEs with New Debt Fund
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STARTUPS
Egyptian Startup Teradix Wins $140K Grant for Saudi Expansion
Sahel Capital Invests $1 Million to Accelerate Growth of Ugandan Coffee Exporter Sukuma Ventures
African Development Bank Unveils $75 Million Financing Package to Support ETG’s Expansion in Africa
Harvard’s $55K New Venture Competition Now Open for African Startups
Jumia Reports $20 Million Operating Loss in Q3 2024 Amid Revenue Decline
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PUBLIC SECTOR
UK Pledges $5.2 Million Investment to Support Kenya’s SMEs with New Debt Fund
FAAC Revenue Surges to N6.28 Trillion in Q2 2024 as VAT and Import Duties Boost Earnings Amid Low Oil Revenue
NetOne Introduces Affordable $1-a-Month Healthcare Plan in Zimbabwe
Kobo360 CEO Ciku Mugambi Resigns: Impact and Future of the Logistics Firm
Oando Plc Reports N60.27 Billion Profit After Tax for Fiscal Year 2023
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Month:
January 2024
MTN Group Commits $215 Million to Benin’s Infrastructure Development
United Nations Development Programme Launches $1 Billion Fund to Propel Africa’s Tech Startups onto the Global Stage.
Senegalese Startup ProXalys Raises $500,000 to Expand its Services.
Kenya’s Apollo Secures $10 Million Investment for African Expansion Following $40 Million Series B Two Years Ago.
Digital Africa Provides Scholarships for alGROWithm’s Growth Talent Accelerator Program
African Tech Startup Investment Declines by 28% to $2.4 Billion in 2023 Amidst Onset of Global ‘Funding Winter
Pade disbursed approximately $7.8 million in salaries for its clients in 2023
Ghana’s Cutting-Edge $1.98 Billion Refinery Begins Operations, Paving the Way for Economic Growth.
BYD, Chinese Electric Vehicle Manufacturer, Expands Operations into Kenya.
E Squared Investments Supports Zaio’s EdTech Evolution with Strategic Funding Aimed at Enhancing Digital Skills
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