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Purple Elephant Ventures (PEV), the Kenyan tourism-focused venture studio, has closed a $1 million pre-seed to build the next generation of
Elon Musk has offered to complete his proposed $44bn acquisition of Twitter in a U-turn on his decision to abandon the
Google has announced plans to establish its first African cloud data centre region in South Africa. The new Google Cloud
Spleet, a Nigerian propertytech startup, has raised a $2.6 milliion investment to scale its residential rent management and rent financing
Algebra Ventures, the Egyptian venture capital firm, has announced that it has completed a $100 million first close of its
Sofri, a financial product of Links Microfinance Bank (member, DLM Capital Group), in partnership with CarePay, a healthcare fintech in
Daystar Power, a West African provider of hybrid solar power solutions, has announced its acquisition by Shell. Shell will acquire
UM6P Ventures, a Morrocan early-stage venture capital firm, has announced its investment in Infiuss Health. The startup is developing a
Numida, a Uganda-based fintech, has secured a $12.3 million pre-series A equity and debt funding led by Serena Ventures with
Farmerline Group has announced the second close of a pre-series A investment raise with an additional US$ 1.5 million investment