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Microsoft Boosts South Africa’s AI and Cloud Power with $297M Investment
Dangote Group Pays Record-Breaking N402 Billion in Taxes, Remains Nigeria’s Top Taxpayer
Badili Raises $400,000 to Boost Refurbished Mobile Market in East Africa
Sahel Capital Fuels Benin’s Smallholder Farmers with $400K Investment in MM LEKKER
LoftyInc Capital Raises $43 Million for Third Fund to Boost Late-Seed and Series A Startups in Africa
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STARTUPS
Badili Raises $400,000 to Boost Refurbished Mobile Market in East Africa
Sahel Capital Fuels Benin’s Smallholder Farmers with $400K Investment in MM LEKKER
LoftyInc Capital Raises $43 Million for Third Fund to Boost Late-Seed and Series A Startups in Africa
IFC Injects $6Million into Ventures Platform Fund to Supercharge African Tech Startups
Khula Lands R126 Million Funding to Transform South Africa’s AgriTech Industry
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PUBLIC SECTOR
Aliko Dangote Bets Big on Ethiopia with Bold $400M Cement Plant Expansion
Nigerian GRAMMY-Winning Singer-Songwriter Tems Joins San Diego FC as Club Partner
US Ends Visa Drop Box Service in Nigeria- What You Need to Know!
Diageo Strikes $81M Deal to Sell Majority Stake in Guinness Ghana to Castel Group
Geregu Power Soars: N137 Billion Revenue, 71% Profit Surge, and N21.25 Billion Dividend
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GLOBAL NEWS
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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
Mastercard and Women Choice have launched two new programs aimed at empowering female entrepreneurs across Africa
First Bank Plans to Raise N300 Billion in Fresh Capital to Comply with CBN Requirement
Huawei Cloud Launches $10 Million Startup Program in Nigeria to Support 100 Startups
Companies led by Elumelu, Otedola, and Ovia report N2.64 trillion capital gains in Q1 2024.
BlackRock, Led by Larry Fink, Invests $100M in Ethereum Blockchain: Global Asset Management Giant’s Crypto Ambitions Revealed.
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