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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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A surge in African startups is turning to debt financing amid a decline in equity funding.
The United Nations cautions of a substantial deficit in funding amidst a growing number of global crises.
Mistral, a French artificial intelligence startup, has achieved a valuation of $2 billion following a successful funding round.
Pontera secures $60 million in funding to enhance retirement options for individuals in the United States.
Bujeti successfully raises $2 million in seed funding to transform corporate spending across Africa
Cedar Crest College is actively addressing the gender gap in STEM fields with the support of a $750,000 NASA grant.
InDrive, the ride-hailing platform, has recently introduced a new venture and mergers and acquisitions (M&A), allocate investments of up to $100 million
Pricepally, an online grocery startup, is poised for expansion in Nigeria with the backing of a $1.3 million investment.
Wits University obtains $300,000 research funding for studies on Digital Transformation.
Venture capital funding has faced challenges and setbacks this year, contributing to a less-than-ideal environment for investment.
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