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FAAC Disburses N1.411 Trillion to Federal, State, and Local Governments in October
Amenli Raises $2.3M to Transform Egypt’s Insurance Industry
Orange Egypt Supercharges Africa’s Startup Ecosystem with $52.7M Investment
Top 10 Startups Chosen for African Latitude59 Finals – Winner to Compete in Estonia for €1 Million Prize
UBA Announces N239.4bn Capital Raise Through Rights Issue
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STARTUPS
Amenli Raises $2.3M to Transform Egypt’s Insurance Industry
Orange Egypt Supercharges Africa’s Startup Ecosystem with $52.7M Investment
Top 10 Startups Chosen for African Latitude59 Finals – Winner to Compete in Estonia for €1 Million Prize
Jospong Group Pursues $400 Million Funding from Afrexim Bank for Major African Projects
FGN Expands 3MTT Program, Enrolling 90,000 More Nigerians in Cohort 3
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PUBLIC SECTOR
FAAC Disburses N1.411 Trillion to Federal, State, and Local Governments in October
UBA Announces N239.4bn Capital Raise Through Rights Issue
MTN Nigeria Raises ₦75 Billion in Highly Oversubscribed Commercial Paper Offering
World Bank Raises Concerns Over Missing $32 Million in Nigeria’s Water Project Funds
FBN Holdings Approves ₦14.36 Billion Dividend and ₦350 Billion Capital Raise at Annual General Meeting
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OTHER NEWS
Orca, South Africa’s Fraud Tech Startup, Raises $500,000 Pre-Seed Funding
Microsoft South Africa Invests R1.3 Billion to Boost Digital Economy, Entrepreneurship, and Job Creation
Kenyan e-commerce startup, Copia Global, which has raised $123 million in venture funding, is considering laying off employees or shutting down due to uncertainties
Uganda Secures $295 Million Loan from Islamic Development Bank for Infrastructure Projects
The Debt Management Office (DMO) successfully auctioned Treasury Bills valued at N2.669 trillion
The UK commits €6.6 million to fund 50 Green Investment Projects aimed at combating climate change in Kenya.
Spark+ Africa Fund Reaches $64 Million AUM with Second and Third Closings
Tunisian Startup Clusterlab Secures $600,000 in Pre-Seed Funding Round
Federal Government of Nigeria Commences Disbursement of N200 Billion in Palliative Loans.
South African Startup RNR Secures $640,000 in Funding for Breakdown Management Services
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