ArabyAds
Funding Investment

ArabyAds Secures $30m Pre-Series B Funding Round From AfricInvest For Global Expansion

ArabyAds, the AdTech company in the MENA region, has raised US$30 Million in a Pre-Series B funding round from AfricInvest,

SOUTH AFRICA’S SMARTWAGE APPOINTS THAMSANQA MOYO AS ITS NEW CTO
Africa Funding Startup

Cathay AfricInvest Innovation Fund Complete Final Close of €110M

AfricInvest, a leading multi-asset investment platform in Africa and global venture capital firm Cathay Innovation, have completed the final close

Venture Capital

AfricInvest Closes its Midcap-focused Fund Raising over $400m

AfricInvest, an African investment platform, has announced the final close of AfricInvest Fund IV with total commitments of US$411 million.

Aerobotics
AgricTech Funding Investment Venture Capital

FMO and Cathay AfricInvest Innovation Invest in SA’s Aerobotics

FMO and Cathay AfricInvest Innovation have announced their investment in Aerobotics, a South African AgriTech startup developing intelligent tools to

heetch
Africa Business

Francophone Africa-Focused Ride-Sharing App, Heetch Completes Its Series B With $4m Investment From AfricInvest

Heetch, a ride-sharing app focused on Francophone Africa, has raised $4 million from AfricInvest to complete its $42 million Series

AfricInvest
Africa Entrepreneurship Funding Innovation Startup Venture Capital

AfricInvest Partners Cathay Innovation to Unveil $168m Pan-African Fund

AfricInvest, a Tunisia-based private equity firm in Africa with USD1.5 billion in assets under management, and Cathay Innovation, a global

Africa Healthcare Network
Health Investment Venture Capital

Africa Healthcare Network Secures $20m for African Expansion

Africa Healthcare Network (AHN), a provider of dialysis services in Africa, has secured $20 million in an equity and debt

54gene
Appointment

Teresia Bost Appointed 54gene Interim CEO After Ene-Obong Stepped Down

Teresia Bost, General Counsel at 54gene has been appointed as interim CEO of the African genomics company after Abasi Ene-Obong

Turaco
Funding Insurtech Investment Venture Capital

Kenyan Insurtech, Turaco Gets $10m Series A Backing

Turaco, the Kenyan insurtech startup, has announced the close of a $10 million Series A equity round led by AfricInvest,

Bizao
Fintech Funding Investment Venture Capital

Cote d’Ivoire Fintech Startup Bizao, Secures $8.1m to Support Expansion Across Africa

Bizao, a fintech startup based in Cote d’Ivoire, has announced $8.1 million series A funding to accelerate its geographical footprint