The Mastercard Foundation has announced a new fund that will enable young African changemakers to seed and kick-start promising social…
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The Nairobi-based Novastar Ventures has held a first close of its second venture fund, securing US$72.5 million in commitments from…
Nigerian fintech startup Riby, which has developed software that enables informal cooperatives, trade groups or credit unions to better manage…
South African technology investment firm Naspers is to refocus its attention on its local market with the launch of Naspers…
Egyptian logistics startup HitchHiker has raised US$200,000 from Dubai-based angel investors to expand its operations and team. Founded in 2017…
The GSMA has launched a new Innovation Fund for Rural Connectivity, aimed at expanding digital inclusion through innovative new technology…
Namibian company PEBL, a producer of high-tech central processing units (CPUs), has raised funding from the Germany-based GreenTec Capital as…
South African equity crowdfunding platform Uprise.Africa has raised an undisclosed investment from Silicon Valley-based VC firm Nexxus Ventures. Launched in…
The African Development Bank (AfDB) has approved a EUR7 million (US$8 million) equity investment in the Partech Africa Fund, which…
FINCA International and USAID PACE have launched FINCA Forward, a fintech innovation platform aimed at bringing early-stage fintechs and microfinance…