Latest News
Google has opened applications for the 10th cohort of Google for Startups Accelerator Africa, marking…
Zoom is deepening its push into intelligent workplaces with new AI-driven features designed to make…
LemFi has expanded into Australia after receiving regulatory approval from the Australian Transaction Reports and…
Sahel Capital, a leading private equity firm focused on the African agribusiness sector, has successfully…
British International Investment (BII), the United Kingdom’s official development finance institution, has committed $5 million…
In a significant move to solidify its position as a global tech powerhouse, Prosus, the…
In a move that could fundamentally reshape the telecommunications landscape across emerging markets, MTN Group…
Following its landmark acquisition of MultiChoice Group last year, French media giant Canal+ SA is…
In a major push to modernize North African agriculture, the CGIAR Accelerate for Impact Platform…
Nigeria’s push to modernise elections through technology has hit another political roadblock after the Senate…
Koko Networks Placed Under Administration as Kenya’s Clean Cooking Startup Shuts Down
Kenya’s clean cooking ambitions have suffered a major setback following the collapse of Koko Networks,…
South African financial technology company Lula has secured R340 million (approximately $21 million) in local-currency…
Nigeria has taken a decisive step toward reshaping Africa’s automotive future following the signing of…
African fintech Nomba has acquired a licensed Payment Service Provider and Money Services Business in…
PRODUCTS
Business
Sahel Capital, a leading private equity firm focused on the African agribusiness sector, has successfully closed a $1.5 million working capital loan for Rasad Nigeria. This investment was facilitated through the Social Enterprise Fund for Agriculture in Africa (SEFAA) and marks a significant expansion of the partnership between the two…
British International Investment (BII), the United Kingdom’s official development finance institution, has committed $5 million in growth capital to Lovegrass Ethiopia. This strategic investment is designed to scale the operations of the Ethiopian agri-food innovator, which specializes in transforming teff, a nutrient-dense, gluten-free indigenous super grain, into high-value products for…
In a significant move to solidify its position as a global tech powerhouse, Prosus, the international investment arm of Naspers, has entered into a strategic three-year global partnership with Amazon Web Services (AWS). This alliance is designed to accelerate the integration and scaling of artificial intelligence (AI) across Prosus’s vast…
In a move that could fundamentally reshape the telecommunications landscape across emerging markets, MTN Group has formally approached the Johannesburg Stock Exchange (JSE) for approval to acquire a controlling interest in IHS Towers. If successful, this transaction would represent one of the most consequential infrastructure consolidations in the history of…
Partners
Startup
In a major push to modernize North African agriculture, the CGIAR Accelerate for Impact Platform…
The United Nations has officially issued a call for applications for the UN Global Pulse…
VivaTech, established as Europe’s premier technology and startup event, has officially launched the application cycle…
Qualcomm, the NASDAQ-listed global titan in wireless innovation and semiconductor technology, has officially opened the…
The Tony Elumelu Foundation (TEF) has officially opened its digital portal for the latest cohort…
Ghanaian AI consultancy and data firm Aya Data has successfully raised $900,000 in a fresh…
people
Abler Nordic, a prominent player in the global impact investing space, has officially announced the…
Norfund, the Norwegian Investment Fund for developing countries, has announced that its Chief Executive Officer,…
Dangote Industries, the conglomerate owned by Africa’s richest man Aliko Dangote, has appointed Ralph Mupita,…
Standard Chartered has announced the appointment of Dalu Ajene as the new Chief Executive Officer…
Nigerian chef Hilda Baci has been recognised as a three-time Guinness World Record holder for…
International Breweries (IBPLC) Hands Over to Nicholas Kade After Coutino’s Turnaround Run
International Breweries Plc (IBPLC) is pleased to announce that Nicholas Kade will be the new…
Cryptocurrency
Following a period of explosive growth in its home market, the Nigerian cryptocurrency exchange Obiex…
The Economic and Financial Crimes Commission (EFCC) has exposed a massive financial fraud scheme involving…
Fintech startup OneDosh has raised $3 million in pre-seed funding to develop a stablecoin-powered payments…
Learning from hacks Ever since cryptocurrencies emerged as a global force there has been concern…
Nigeria’s SEC Raises Minimum Capital Requirements for Fund Managers, Brokers, and Fintechs
The Securities and Exchange Commission (SEC) has announced a major increase in the minimum capital…
African payments startup NALA has entered into a strategic partnership with global payments infrastructure provider…