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FGN Secured N346.2 Billion in November Bond Auction
Ariika Raises $3 Million Series A Extension to Accelerate Regional Expansion
Nigeria’s Nollywood Records N3.5 Billion Box Office Revenue in 2024
FAAC Disburses N1.411 Trillion to Federal, State, and Local Governments in October
Amenli Raises $2.3M to Transform Egypt’s Insurance Industry
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STARTUPS
Ariika Raises $3 Million Series A Extension to Accelerate Regional Expansion
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
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PUBLIC SECTOR
FGN Secured N346.2 Billion in November Bond Auction
Nigeria’s Nollywood Records N3.5 Billion Box Office Revenue in 2024
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
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OTHER NEWS
UK Supercharges Climate Action: Unleashes £7.4 Million Boost for African Development Bank’s Groundbreaking Africa Disaster Risk Financing Program
Despite receiving $3.4 billion in funding over the past five years, Africa’s climate tech sector lags behind in development.
Cracking the Code: The Untold Challenges Blocking African Startups from Venture Capital Goldmines
Rwanda is set to benefit from a collaborative effort between the African Development Bank (AfDB) and the African Growing Together Fund (AGTF), as they join forces to raise USD 250 million aimed at enhancing access to water and sanitation in the country.
Calpers’ $4.5 Billion Venture Bet
Kenyan startup tappi secures $1.5 million in pre-seed funding to drive the digitization of African SMEs.
Bujeti successfully raises $2 million in seed funding to transform corporate spending across Africa
USAID has pledged $53 million to tackle the impacts of climate change in urban areas.
The Mastercard Africa Growth Fund invests $27 million in Chui Ventures, VestedWorld, and SME Impact Fund.
The Food and Agriculture Organization (FAO) expresses appreciation for the United States of America’s additional funding of $10 million towards soil fertility mapping projects.
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