Funding News in Africa
Lingawa would consider a slightly different approach to its business model. It will cater to the diaspora market where Williams believes 20 million Africans exist, but half of them do...
BPS has expanded into several African markets, delivering power to over 5 million customers through the Electricity Company of Ghana (ECG), helping the company double its revenue in just two...
The funding will enable efreshli to scale its operations, enhance its digital platform, and expand its reach within Egypt. By providing farmers with access to real-time data and analytics, Efreshli...
Moniepoint Inc. announced that it has successfully secured US$110 million in equity financing. Dubbed Africa’s fastest-growing fintech, it aims at using this funding to power the dreams of millions of...
70% of the total $200 million, or $140 million, will be allocated to Egyptian startups over the next four to five years.
Africa’s largest telecommunications company, IHS Towers has reportedly gotten a $439 million loan to manage currency risks and support its operations across multiple regions. According to reports, virtually half of...
Yellow Card, founded in Nigeria in 2019, is a fintech company that operates in 20 countries and facilitates more than $3 billion in transactions across the continent
With its operations cutting across three continents, Sistema.bio boasts of positively transforming the lives of over 100,000 farms and more than 600,000 people worldwide while reducing over 1 million tons...
The Lapaire Brand Glasses Lapaire has landed funding from AfricInvest and Proparco to expand its area of influence. This development comes nine months after the startup raised $3 million to...
Funding to bolster African Health-Tech System 11th October, 2024 Pan-African investment, AfricInvest, has announced that it has successfully closed its Transform Health Fund (THF), surpassing its initial $100 million benchmark...
