Madica
Startup

Pre-seed Investment Programme, Madica Announces First Set Of African Tech Portfolio Companies

Madica, a structured investment program designed for pre-seed stage startups in Africa, announced its first set of investments in three

TLcom
Funding Investment Venture Capital

TLcom Closes Africa’s Largest Early-Stage VC Fund at $154 Million

TLcom Capital, the Africa-focused venture capital firm, has announced the final close of TIDE Africa Fund II, its second fund for

Goodwell
Funding Investment Startup Venture Capital

Goodwell Invests in OmniRetail to Fuell Opportunities for Informal Retailers Across Africa 

Goodwell Investments, an impact investor focused on innovative businesses in emerging markets, has announced its recent investment in OmniRetail – a B2B

Pula
Funding Insurtech Investment Venture Capital

Pula Closes $20m Series B Funding Round to Finance Smallholder Farmers Across Africa

Pula, an agricultural insurance and technology company, has closed a USD 20 million series B fundraising round that will help

Baobab Network
Acquisition

Baobab Network Acquires Reflector Marketing

Baobab Network, an early-stage investor that backs startups across Africa, has announced the acquisition of Reflector Marketing, a strategy and branding

Amethis
Venture Capital

IFC Invests in New 4DX Ventures Fund to Support Tech Startups in Africa

IFC has disclosed that it is investing $10.5 million in a new fund by 4DX Ventures, a New York-based venture

StarNews Mobile
Competition

StarNews, Global Black Economic Forum Launch Business Competition 

StarNews Mobile, the African video streaming platform and the Global Black Economic Forum (GBEF), have announced a call for applications to launch their Business Competition

MEST Africa
Competition Startup

Koa Academy Wins MEST Africa Challenge 2023, Secure $50,000 Investment

MEST Africa, the Pan-African tech entrepreneurship training program, seed fund, and incubator, has named Koa Academy, the grand prize winner

Moove
Fintech Funding Investment Mobility

Moove Secures $100 Million Series B Round Led by Uber

Moove, the global mobility fintech that democratises access to vehicle ownership for mobility entrepreneurs, has announced that it has raised

Youverify
Funding Investment Startup Venture Capital

Youverify Secures $2.5 Funding to Strengthen Anti-money Laundering Compliance

Youverify, an AI-driven Anti-Money Laundering (AML) solutions provider, has raised $2.5 million from Elm, a Saudi Arabian digital innovation and solutions