LULA, a ride-sharing platform for workers, has acquired the South African subsidiary of US-based staff bus-sharing startup Zeelo for an
BasiGo, an electric bus company in Rwanda, has been awarded a $225,000 recoverable grant from Ireme Invest, the Rwanda Green
Innovate Africa, an angel investment fund that supports early-stage founders, taking startups from conception to product and financing innovative ventures,
NALA, a Tanzania remittance startup, has secured $40 million in Series A funding to support its global expansion and enhance
Sahl, an Egyptian mobile bill payment app, has raised $6 million in Series A and seed funding to act as
The European Investment Bank’s EIB Global arm has invested €25 million in Amethis Fund III, a pan-African fund providing private equity growth
LAfricaMobile, a cloud communication and mobile marketing platform, has announced that it has raised $4.6 million. This new investment will allow LAfricaMobile to consolidate
Brass, a Nigerian fintech startup, has been acquired by an investment group led by Paystack, with participation from PiggyVest, Ventures
Lesaka, the South African 🇿🇦 financial services company, has signed a new deal to buy local fintech operator Adumo for
Swypex, the Egyptian fintech startup, has raised a $4 million seed investment round led by Accel. The investment also included