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Investments
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Ethiopia has announced the commencement of a tender process to sell a 40% stake in Ethio Telecom
Ethiopia has opened a tendering process to sell a 40% stake in state-owned carrier Ethio Telecom to private investors, as...
Read moreMTN Ghana has announced a $25 million investment in Ghana’s digital ecosystem
MTN Ghana, the country's largest mobile telecommunications company, announced that it will invest $25 million over the next three years...
Read moreAppsNmobile, a Ghanaian fintech startup, has received a $1 million investment from Oasis Capital
AppsNmobile, a Ghanaian Fintech startup, has received a $1 million investment from Oasis Capital. This investment is expected to help...
Read moreCribMD, a Nigerian healthtech startup, has raised $2.6 million in a seed round to boost product development and expansion
CribMD, a Nigerian healthtech firm, has raised $2.6 million to expand its offering. Sputnik ATX, Norrsken Foundation, and The Guardian...
Read moreAiCare, a Kenyan insurtech company has received funding from Toyota Tsusho
Toyota Tsusho Corporation has invested in AiCare Group, a Kenyan telematics insurance provider. The investment will be made through Toyota...
Read moreLifeQ, a South African e-health company, has raised $47 million in funding to expand its operations
LifeQ, a South African company with offices in the United States, South Africa, and the Netherlands, has raised a US$47...
Read moreAmazon buys MGM Studios for $8.45 billion
Amazon announced that it would pay $8.45 billion for MGM Studios. The enormous purchase by Amazon is expected to boost the...
Read moreHomzmart, an Egypt-based marketplace platform, has raised $15 million in a Series A funding round to help it expand
Homzmart, a furniture and home goods marketplace platform in the Middle East, has closed a US$15 million Series A funding round...
Read moreTelda, an Egyptian-based digital banking app, has received a $5 million pre-seed investment
Sequoia Capital led a $5 million Pre-Seed funding round for Telda, a Cairo-based digital banking app, with participation from Global...
Read moreMaviance, a fintech company based in Cameroon, has closed a USD 3 million seed round led by MFS Africa
Maviance PLC, a Cameroon-based fintech firm, reported that it has closed a USD 3 million seed investment round from MFS...
Read moreCarry1st Raises $6 Million in Series A Funding to Expand Mobile Game Development in Africa
Carry1st, a mobile games publishing company that allows international gaming studios to tap into the underserved African industry, has raised...
Read moreUhuru Growth Fund I closes $113 million in its first close with DFI partners and impact investors
Uhuru Investment Partners (Uhuru) a middle-market private equity company based in Lagos and Abidjan, announces the US$113 million first close of Uhuru Growth...
Read moreThe Big 5
