BioNTech
Acquisition

BioNTech to Acquire InstaDeep to Strengthen Pioneering Position in the Field of AI-powered Drug Discovery, Design and Development

BioNTech and InstaDeep have announced that they have entered into an agreement under which BioNTech will acquire InstaDeep, a leading global

Catalyst Fund
News

Catalyst Fund Announces $2m Investment into 10 Startups Accelerating Africa’s Adaptation and Resilience to Climate Change

Catalyst Fund, a pre-seed venture capital (VC) fund and accelerator, has announced a $2 million investment into 10 startups building

Launch Africa Ventures
Venture Capital

Interview: Launch Africa Ventures’ Approach to Investing in Startups

Launch Africa Ventures is a pan-African venture capital fund that has backed over 100 early-stage startups in more than 20

Fintech
Fintech

Nigerian Fintech Companies Raise $1.2bn in 2022

Nigerian Fintech companies secured a venture capital funding of $1.2 billion in 2022, followed by Kenyan fintech firms which raised

Qualcomm
Innovation Technology

Qualcomm Announces Africa Innovation Platform

Qualcomm Incorporated has announced the launch of the Africa Innovation Platform, a suite of mentorship, education, and training programs created

Sun King
Clean Energy

Sun King Expands Series D to $330m With Additional Investment of $70m Led by LeapFrog

Sun King, the provider of solar energy products for off-grid homes in Africa and Asia, has received $70 million in equity investment in

Ventures Platform
Venture Capital

Ventures Platform Closes its Pan-African Fund at $46m

Ventures Platform, the pan-African VC firm, has today announced the final close of its early-stage and intercontinental fund, at $46

Visa
Women

Visa Announces Grant to Help African Women Fund Managers Grow Their Businesses

Visa has announced a grant towards the African Women Impact Fund (AWIF), a collaboration between Standard Bank and the United

AgroHack Challenge
AgricTech

UNDP, First City Monument Bank (FCMB) Launch AgroHack Challenge

Nigeria’s Agricultural sector is facing a myriad of challenges such as climate and weather changes, insecurity, rural-urban migration, and lack

Taeillo
Funding Investment Venture Capital

Nigerian Furniture Maker, Taeillo Secures $2.5m Expansion Round From Aruwa Capital

Taeillo, a Nigerian furniture manufacturer, has secured a $2.5 million investment from Aruwa Capital Management, an early-stage growth equity and