Amethis
Funding

EIB Global Invests €25m in Amethis Fund III to Promote Sustainable Growth of African Businesses

The European Investment Bank’s EIB Global arm has invested €25 million in Amethis Fund III, a pan-African fund providing private equity growth

Visa
Accelerator Startup

Visa Names African Fintech Startups For the 2nd Cohort of its Accelerator Program

Visa, a global digital payments firm, has announced the startups shortlisted from across Africa to participate in the second cohort

Omniretail
Business Ecommerce

OmniRetail Emerges First in Financial Times’ Ranking of Africa’s Fastest-Growing Companies

Omniretail, a B2B enablement platform focusing on digital infrastructure in Sub-Saharan Africa, has announced it has secured the top position in

Amazon
Ecommerce

Amazon Launches in South Africa

Amazon has announced the launch of Amazon.co.za, providing customers in South Africa with a new online shopping experience. For products

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

 BURN
Funding Investment Venture Capital

BURN Secures Over USD 12 Million Investment to Expand Clean Cooking Across Africa

BURN Manufacturing, the clean cookstove manufacturer, distributor, and carbon project developer, has announced completion of a follow-on-carbon project investment from

Mavin Global
Acquisition

UMG Acquires Majority Stake in Mavin Global to Accelerate Expansion of Africa’s Creative Platform

Universal Music Group (UMG), the global music-based entertainment firm, has announced a majority investment in the independent record label, Mavin

Ilara Health
Funding Health Investment Venture Capital

Ilara Health Secures $4.2M Pre-Series A to Digitise Fragmented Primary Healthcare in Africa

Ilara Health, the healthtech company digitising and consolidating  highly fragmented primary care in Kenya, has announced the close of a

Wasoko 
Merger

Wasoko, MaxAB Announces Merger to Drive Transformation of Africa’s Informal Retail Sector

Wasoko and MaxAB, have signed preliminary merger terms to join together as a combined entity to drive the transformation of Africa’s informal