The United States Agency for International Development (USAID) has announced the selection of 18 new grantees together receiving US$18.4 million…
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Cash and carry chain store Makro has acquired a majority stake in South African last mile delivery startup WumDrop, in…
Egyptian events startup Eventtus has closed a US$2 million funding round led by Algebra Ventures and 500 Startups to accelerate…
Rising Tide Africa, a female-focused angel investment fund, has launched, aimed at allowing female investors to back innovative startups run…
South African payments startup i-Pay has secured funding from venture capital firm Kalon Venture Partners to scale and expand its…
Kenyan on-demand logistics startup Sendy has raised US$2 million in funding to expand its operations, the company’s co-founder told the…
Startups from Niger and Zambia have been awarded grant money by the M4D Utilities Innovation Fund, which awards grants to…
Three startups have been named the winners of the seventh Orange Social Entrepreneur Prize in Africa and the Middle East,…
Online classifieds investor Frontier Digital Ventures has bought three property portals from e-commerce giant Jumia, which it will merge with…
South African startup support organisation SiMODiSA has launched Venture Central, an online platform designed to give entrepreneurs access to information…