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Investments
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Numida, Ugandan fintech startup, has secured $2.3 million in seed funding
Numida, Ugandan fintech company, has closed its $2.3 million seed round. MFS Africa, a pan-African payments firm, led the seed...
Read moreMicrosoft will pay $19.7 billion for AI firm Nuance, making it the company’s second-largest acquisition after the $26 billion purchase of LinkedIn
Microsoft announced in a blog post that it has agreed to buy Nuance Communications, an AI and speech-recognition company, for...
Read moreAppzone, a Nigerian fintech, has raised $10 million in a Series A round of funding
Appzone, a fintech software company that creates proprietary technologies for financial institutions' banking and payments services, has raised $10 million...
Read morePaymob, an Egyptian fintech startup, has raised $18.5 million in a Series A round to expand throughout the Middle East and Africa
Paymob, an Egyptian fintech startup, has raised $18.5 million in a Series A round to expand throughout the Middle East...
Read moreMoshesh Partners, an investment company in South Africa has secured funding for the Renewable Energy and Infrastructure Fund
Moshesh Partners, a South African investment company, has received an undisclosed sum of funding for its Renewable Energy and Clean...
Read moreThe Nigerian Securities and Exchange Commission has issued a warning to investment platforms to stop trading ‘unregistered’ foreign securities
The Nigerian Securities and Exchange Commission (SEC) has issued a warning to investment platforms to stop trading ‘unregistered' foreign securities....
Read moreThe Trade Hub has launched a virtual dealroom that connects investors with fast growing impact businesses
The West Africa Trade & Investment Hub (Trade Hub) has launched a Virtual DealRoom to provide global investors with details...
Read moreAfrican Innovators gets a break thanks to the MultiChoice Innovation Fund
MultiChoice an internet distribution service, supports young and passionate entrepreneurs through its "The MultiChoice Innovation Fund" initiative. This support was...
Read moreVerdant Capital raises USD 9.9 million in Series A funding for Tugende, a technology-enabled MSME in East Africa, received equity funding
The USD 3.6 million extension round, negotiated and structured in 2020, was funded by Partech Africa, a member of the...
Read moreBaobab+, a West African solar distributor, raises €4 million to expand its business in Côte d’Ivoire and Senegal.
Baobab+, a French West African distributor of solar home systems, has announced that it has received €4 million in funding...
Read morePlatform Capital celebrates the Closing of MaC Venture’s $110 Million Fund
Platform Capital, an early investor in the fund, hosted an exclusive celebratory dinner On Sunday, April 4th, 2021 in Los...
Read moreAlgebra Ventures, an Egyptian venture capital company, has launched a $90 million second fund
Algebra Ventures, Egypt's venture capital company, announced the launch of its $90 million second fund, which will invest in startups...
Read moreThe Big 5
