StartupNews Africa
News on the companies, capital and people shaping African technology, in publication order.
Showing 81–100 of 159 articles
Funding
Moreover, the investment by Witamax and Renew Capital indicates a shared vision of empowering local businesses and promoting sustainable economic development.
M&A
This partnership is projected to address the needs of South Africa’s informal market, valued at over R184 billion annually, by improving efficiency, accessibility, and market insights.
FinTech
The investment in Sourcefin aligns with HGDEF’s mandate to support high-growth, impactful businesses.
Funding
The Equator Africa Fund has its headquarters in Nairobi and Lagos, using the local expertise in conjunction with global best practices to support startups with a potential to bring transformation.
Funding
With this valuation, Tyme has taken the critical step to finally becoming a unicorn and Africa’s ninth one.
Funding
Sanari Capital focuses on mid-market investments, majorly serving founder-run, owner-managed, and family-owned businesses.
Funding
At present, z.systems is a rapidly scaling startup dedicated to enhancing the competitiveness of Morocco’s small, independent retailers — locally known as “hanouts.”
Funding
TGPDC is a South African startup that offers digital workflow automation, verification processes, and compliance solutions.
Funding
Under Gueye’s leadership, Eyone has gained recognition for its contributions to healthcare innovation. In 2017, the company won the second prize in the national phase of the Orange MENA Social Entrepreneur Prize.
Funding
The fund has already deployed $10 million to five startups operating across eight African countries, collectively serving over 60 million people.
Funding
Cauris’s reputation in the African fintech ecosystem has grown alongside its involvement in transformative ventures.
Funding
LAfricaMobile plans to direct the funds towards strengthening its presence in Central Africa and enhancing its product offerings through advanced AI integration.
Funding
This milestone marks an important step not only for Nowlun but also for the broader MENA logistics sector, as the region increasingly embraces innovation to address long-standing inefficiencies.
Funding
The $1.15 billion was divided into $808 million in primary commitments and $210 million co-investments. The enormity of these sums reflect strong backing from institutional investors like Temasek, Prudential Financial and the European Investment Bank.
Funding
This investment will be geared towards supporting eight small hydro projects across four mini-grids in Kenya. This investment might be the beginning of reliable, affordable electricity for over 10,000 individuals and businesses.
Funding
In an interview with Al Sharq Bloomberg Channel, Al-Abd highlighted the aim of the program’s expansion which was to reinforce Egypt’s growing startup ecosystem while extending its reach to growing African and Arab markets.
Funding
The initiative will be an effort to tap into Senegal’s significant solar energy potential, which stands among the highest globally
Funding
ariika has successfully opened its flagship store in Baghdad, Iraq, a move that capitalized on the market’s booming economy.
M&A
The idea of a partnership with LEO satellite providers comes off the back of the recent MTN 5.5G trials, which is the first of its kind in Africa.
FinTech
Now, with Hisa joining the Rise brand, I wish the team continued success and growth. Hisa will always hold a special place in my heart.” Jackson said in his resignation letter.