Swvl
Business Ride-hailing

Egyptian Bus-hailing Firm Swvl Commences Trading on Nasdaq

Swvl, the Egyptian mass transit and shared mobility services provider, has begun trading on the Nasdaq. The firm’s co-founder and

Reliance Health
Funding Health Investment Venture Capital

Nigeria’s Reliance Health Raises $40M in Series B Led by General Atlantic

Reliance Health, an emerging markets-focused digital healthcare provider, has completed a $40M Series B funding round led by General Atlantic.

SMEs

Kenyan Fintech IMFact Bags ≈$4m Funding From FSD Africa Investment to Boost Capital Supply to SMEs

IMFact, a Kenyan fintech startup, has secured a £3 million ($3.95m) investment from FSD Africa Investments (FSDAi), the investing arm

Dataphyte
Funding Investment Venture Capital

MDIF Ventures Invests in Nigeria’s Dataphyte and Mozambique’s Zitamar News

Media Development Investment Fund (MDIF) Ventures, has announced its first two equity investments in Nigeria’s Dataphyte and Mozambique’s Zitamar News.

Jamlab
Accelerator

Seven African Media Startups Join Jamlab Accelerator Programme

Seven African media startups have been selected for the latest cohort of the Jamlab Accelerator Programme. These startups will participate

Amethis
Partnership Venture Capital

InfraCo Africa and Helios Establish New Climate-focused Investment Vehicle For Africa

InfraCo Africa and Helios Investment Partners have partnered to establish a pan-African investment vehicle: Climate, Energy Access and Resilience (CLEAR). CLEAR

Entrepreneurship Event

26 Young Entrepreneurs in Africa Selected Anzisha Prize Fellowships

The Anzisha Prize has announced the top 26 entrepreneurs for 2021. The entrepreneurs, who are between the ages of 18

NITDA
Partnership Startup

NITDA Partners with MassChallenge to Open Application for B2MC Nigeria Program

MassChallege, a global network of zero-equity startup accelerators, has announced that applications are now open for B2MC Nigeria, a bespoke

Zeepay
Fintech Funding Investment Venture Capital

Ghanaian Fintech Startup, Zeepay Raises $7.9m Series A Investment

Zeepay, a Ghanaian fintech startup, has announced the completion of a $7.9 million Series A funding. The investment is a

Entrepreneurship Funding Investment Startup Venture Capital

Microtraction Announces Undisclosed Investment in Raise

Microtraction, the Nigerian-based investment fund, has announced an undisclosed investment in Raise, the Africa-focused fundraising platform. Raise, a blockchain-based digital