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Investments
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UCOOK, a South African meal kit delivery service, has been acquired by Silvertree Holdings for US$12.3 million
Silvertree Holdings has fully acquired South African meal kit delivery business UCOOK in a deal worth US$12.3 million. Silvertree Holdings...
Read moreRemedial Health, a Nigerian startup, receives $1 million in pre-seed funding
Remedial Health, a Nigerian startup, has received $1 million in pre-seed funding to help it grow and expand its BNPL...
Read moreBinance, a cryptocurrency exchange, will invest $200 million in Forbes, a US media company
Forbes has stated that “ that Binance, "one of the world's largest cryptocurrency exchanges," is investing $200 million in the...
Read moreReliance Health, a Nigerian e-health business, has raised $40 million in a Series B funding round
Reliance Health, a Nigerian e-health startup, has completed a US$40 million Series B investment round, bringing the company's total secured...
Read moreCasava, a Nigerian insurtech startup, has received $4 million in pre-seed funding
Casava, a Nigerian digital insurance startup, has received US$4 million in pre-seed capital to help millions of Nigerians get affordable...
Read moreBharti Airtel, an Indian telecom company, is set to get a $1 billion investment from Google
In a move that could improve Bharti Airtel's digital offerings, Google has agreed to invest up to $1 billion in...
Read morePoa Internet, a Kenyan Internet Service Provider, has closed a $28 million funding to expand its operations across Africa
Poa Internet, a Kenyan internet service provider, has received $28 million in Series C funding led by Africa50. Existing investor...
Read moreThe Energy Entrepreneurs Growth Fund will receive a $13 million investment from FinDev Canada in order to help African countries gain access to clean energy
FinDev Canada and its 2X Canada facility have announced that the Energy Entrepreneurs Growth Fund would receive up to US$...
Read moreDigital Realty, a US company, will pay $3 billion for a 55% stake in Teraco, a South African data company
Teraco Data Environments, Africa's leading provider of carrier-neutral data center and interconnection solutions, announced today that Digital Realty, the world's...
Read moremPharma, a Ghanaian health technology startup, announces a $35 million Series D funding round
mPharma, a Ghanaian health technology startup, is preparing for the next stage of expansion following a $35 million Series D...
Read moreThe African Development Bank has approved an investment of $170 million in Nigeria’s digital and creative start-ups
The African Development Bank's (www.AfDB.org) Board of Directors has approved a $170 million loan to Nigeria to fund a digital...
Read moreEquinix is acquiring MainOne in Nigeria for $320 million as part of its expansion into Africa
Equinix, a company based in the United States, expands into Africa with the $320 million acquisition of Nigeria's MainOne. Equinix, an...
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