Tomato Jos
AgricTech Funding Venture Capital

Tomato Jos Closes Series A round funding of EUR 3.9 million

Tomato Jos, an agro-processing company focused on the local production of high-quality tomato paste for the African market has announced

Giphy
Acquisition

Facebook Buys GIF Company Giphy For $400m

Facebook has announced that it had acquired Giphy for a reported sum of $400 million. Giphy — whose trove of

Jumia
Ecommerce Report

Jumia Revenue Dips as COVID-19 Bites Hard on eCommerce Firm

The path to Jumia becoming profitable is probably still years away as the eCommerce has released its Q1 2020 report

Brimore
Investment Venture Capital

Egypt’s Brimore Raises $3.5 Million Investment Led by Algebra Ventures

Brimore, an Egyptian direct end-to-end distribution Startup has closed $3.5 million pre-Series A round led by Algebra Ventures. The funding

Aristokrat Group
Entertainment Partnership

Universal Music Partners Aristokrat Group to Develop African Talents

Universal Music France (UMF), a division of Universal Music Group (UMG) has announced a partnership with The Aristokrat Group, an

Africa4Future
Accelerator AgricTech

4 Nigerian Startups, 6 Others Join Africa4Future Accelerator Program 2020

The 10 African agritech startups that will participate in the 3rd cohort of the Africa4Future Accelerator Program 2020 have been

SAIS
Africa AgricTech

Apply For GIZ-SAIS Investment Readiness Programme 2020

  Scaling Digital Agriculture Innovations through Start-ups (SAIS) is looking for innovative start-ups that are about to scale rapidly and

Start Path
Accelerator Fintech

uKheshe, a South African Fintech Startup Joins Mastercard Start Path

uKheshe, a fintech startup for SMEs, joined the Mastercard Start Path, an engagement programme for later-stage scaling startups. Launched in

Rensource
Business Ecommerce

Rensource Unveils Digital Distribution Platform to Enable SMEs Reach More Customers

Rensource, a Nigerian renewable energy startup, has launched Merchlist.co– a digital platform that helps small and medium-sized retailers get discovered

East Africa Fruits
AgricTech Investment Venture Capital

Tanzania’s East Africa Fruits Secures $3.1m Series A Investment Led by Goodwell Investments

  East Africa Fruits Co., a Tanzanian company addressing food distribution challenges to improve efficiencies in the farm-to-market sector, announced