TradeDepot
Funding

African Startups That Raised $100m and Above in 2021

The African startup ecosystem bounced back in 2021 to raise a mind-blowing $4 billion. Briter Bridges says the total 2020

B2MC
Startup

30 Startups Selected For Bridge To MassChallenge Nigeria (B2MC)

Thirty Nigerian startups have been selected by the National Information Technology Development Agency (NITDA) for the MassChallenge Nigeria (B2MC Nigeria). The

SweepSouth
Acquisition

Naspers-Backed SweepSouth Acquires Egypt’s Filkhedma

SweepSouth, a Naspers-backed online home services platform, has acquired Egyptian startup FilKhedma to expand into the North African country. The

MTN
Internet Telecom

MTN Nigeria Wins Bid For 5G Spectrum

MTN Nigeria has announced that it has won the bid to acquire one of the two 100MHZ spectrum licences in

Auochek
Mobility Partnership

Kia Partners With Autochek to Offer Flexible Car Loan to Customers

Kia Motors Nigeria has partnered with Autochek to enable people to buy any Kia car of their choice with low

Fintech Funding Investment Payment

Francophone Africa Fintech, CinetPay Secures $2.4m co-led by 4DX Ventures and Flutterwave

CinetPay, a francophone Africa digital finance startup, has announced a $2.4 million seed fundraising round from 4DX Ventures and Flutterwave.

MainOne
Acquisition

Equinix to Acquire Nigeria’s MainOne in $320m Deal

Equinix Inc, the global digital infrastructure company, has announced that it will acquire MainOne, a West African data center and connectivity

Mouka
Acquisition

Morocco’s Dolidol Acquires Nigeria’s Bedding and Mattress Firm, Mouka Foam

Dolidol, a Development Partners International (DPI) portfolio company, has acquired Mouka Foam to create a regional leader in the African

Fixit45
Acquisition Automobile

Nigerian Autotech Startup, Fixit45 Acquires Parkit

Fixit45, a Nigerian autotech platform, has announced the acquisition of Parkit, a network of tech-enabled autocare and car wash centers.

Edtech Education Funding Investment Venture Capital

SA Education Finance and Fund Management Company, Fundi Acquires EduOne

EduOne, a South African edtech startup, has been acquired by education finance and education fund management company Fundi. Founded in