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Raya Foods Lands $40Million Boost from Helios to Transform Egypt’s Food Industry
Janngo Capital Secures $78M to Power the Next Generation of African Startups
South African Startup Tagmarshal Scores Big with Multi-Million Dollar Series A to Revolutionize Golf Management
Tony Elumelu Foundation Empowers 20,000 African Startups with $5,000 Seed Funding Each
Orange Money Expands Digital Payment Access to Millions Across 7 African Countries
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STARTUPS
Raya Foods Lands $40Million Boost from Helios to Transform Egypt’s Food Industry
Janngo Capital Secures $78M to Power the Next Generation of African Startups
South African Startup Tagmarshal Scores Big with Multi-Million Dollar Series A to Revolutionize Golf Management
Tony Elumelu Foundation Empowers 20,000 African Startups with $5,000 Seed Funding Each
Orange Money Expands Digital Payment Access to Millions Across 7 African Countries
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PUBLIC SECTOR
Unilever Nigeria Sees 46% Revenue Surge, but Rising Costs Squeeze Profit Margins
Northern Nigeria’s Rice Mills Grind to a Halt Amid Economic Strain and End of Government Support
South African E-commerce Startup Pargo Raises $4M to Expand into Egypt’s Booming Market
IMF Reveals Key Reasons Behind Nigeria’s Slower 2.9% Economic Growth Forecast for 2024
Nigerian Upstream Petroleum Regulatory Commission (NUPRC) Blocks $1.3 Billion Sale of Shell’s Assets to Renaissance Group Over Regulatory Concerns
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Elon Musk’s competitor to OpenAI, xAI, is nearing $6 billion in funding
AfDB warns that Africa’s $824 billion debt burden, fueled by resource-backed opaque loans, is hindering growth.
AFC Invests $14.1 Million in Xlinks First Ltd for Morocco – UK Power Project
Stanbic IBTC Plans to Seek Shareholders’ Approval for ₦550 Billion Fundraising Initiative.
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
World Bank Suspends Financing for Tanzania’s $150 Million Tourism Initiative
TLcom Capital Completes Second Fundraising Round, Securing $154 Million
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