Ampersand
Funding Investment Renewable Energy Venture Capital

Ampersand Secures $3.5m in Sub-Saharan Africa’s Largest Ever Private Investment In Electric Mobility

Ampersand Rwanda Ltd, Africa’s first electric motorcycle company, has just secured a $3.5 million investment from the Ecosystem Integrity Fund

Appzone
Fintech Funding Investment Startup Venture Capital

Pan-African Fintech Platform AppZone Secures $10m Series A Funding

Appzone, the Pan-African fintech software provider building proprietary solutions for the continent’s banking and payments industries, has today announced the

Mastercard
Report

Mastercard Study Reveals 81% of Nigeria Consumers are Shopping More Online Since the Start of Pandemic

A Mastercard study on consumer spending* has revealed that over four out of five (81%) consumers in Nigeria are shopping

Tanda
Fintech Funding

Kenyan Agency Banking Startup, Tanda Secures Funding to Expand Regionally

Tanda, a Kenyan agency banking startup, has raised backing in February 2021 from HAVAÍC, Zedcrest Capital, DFS Lab, Victor Asemota

DLM Trust
Acquisition Banking Fintech

DLM Capital Group to Tap into Nigeria’s Fintech Opportunity, Acquires MFB License

DLM Capital Group, a leading developmental investment bank, has today announced its plans to expand into Nigeria’s million-dollar fintech sector

SEC
Investment

FG Declares Foreign Stock Trading Platforms Like Bamboo, Trove, Rise and Others Illegal

The Federal Government through the Securities and Exchange Commission (SEC) has declared the activities of stock trading and investment platforms

ScholarX
Edtech Education Partnership

ScholarX Secures Support From GSMA Innovation Fund to Launch LearnAM, in Partnership With Airtel

ScholarX Technologies Ltd., an edTech start-up founded in 2016, has announced a strategic partnership with Airtel Nigeria to launch LearnAM, a new mobile learning

Shoprite
Business Retail

Shoprite Supermarket Edges Closer to Exiting Nigeria

Shoprite, the South African supermarket giant, has sold all its equity stake in its Retail Supermarkets Nigeria Ltd subsidiary. With

Jobberman
Partnership

Jobberman to Profile Behaviour Patterns of 25,000 Young Nigerians in Partnership With USAID eTrade Alliance

Jobberman, in a press conference today, announced its partnership with the USAID-funded Alliance for eTrade Development II (eTrade Alliance) to

Algebra Ventures
Venture Capital

Algebra Ventures Launches $90m Second Fund to Support Egyptian Tech Startups

Algebra Ventures, Egypt’s leading VC firm, has announced the launch of its $90 million second fund to support tech startups