Madica, the Africa-focused early-stage investment program affiliated with Flourish Ventures, has announced new investments in…
Browsing: Investments
₦6,000,000,000 divided by 250,000 businesses equals ₦24,000 for each business. It’s the math behind one…
MTN South Africa has officially launched a comprehensive suite of integrated home and mobile connectivity…
PAYDAY, an emerging Tunisian startup operating at the intersection of fintech and insurtech, has successfully…
The International Finance Corporation (IFC), a member of the World Bank Group focused on the…
Chari, a Morocco-based fintech and e-commerce platform, has successfully closed a $12 million Series A…
South African private equity firm Agile Capital, together with other existing shareholders, has announced its…
Shoprite Group’s on-demand grocery delivery platform, Sixty60, has fulfilled over 100 million orders since its…
Saviu Ventures, a venture capital firm specializing in Francophone Africa, has successfully executed another major…
Kuunda, a Tanzanian-based B2B fintech company specializing in embedded working-capital solutions, has raised $7.5 million…
Gabonese telematics and fleet management startup POZI has secured €650,000 (approximately US$755,000) in funding, marking…
Egyptian fintech unicorn MNT-Halan has raised EGP 3.4 billion (US$71.4 million) through its seventh securitized…
Nigerian clean energy startup Rana Energy has successfully raised $3 million in pre-seed funding to…
Climate Fund Managers (CFM) has announced the final close of its second blended finance facility,…
Norfund, the Norwegian investment fund for developing countries, has announced a strategic investment of $15…
A consortium of prominent investors, SPE Capital (via its SPE PEF III fund), Proparco, and…
The FUNGUO Innovation Programme has significantly scaled up its support for Tanzania’s startup ecosystem, increasing…
Absa Group is gearing up to launch its own mobile virtual network operator (MVNO), positioning…
Norfund, the Norwegian investment fund for developing countries, has committed up to $6 million to…
South African entrepreneur Alexandria Procter, best known as the founder of student accommodation platform DigsConnect,…