Stears
Funding Investment Startup Venture Capital

Nigeria Data & Intelligence Startup, Stears Secures $3.3m Led by MaC Ventures

Stears, a Nigerian data and intelligence startup, has raised $3.3 million in a seed round led by MaC Ventures. The

Nithio
Report

Nithio F.I. Releases Inaugural Impact Report Focused on Improved Energy Access in Africa

Nithio, the AI-enabled energy financing platform that directly finances clean energy companies in Africa, has released its 2022 Impact Report.

Glo
Payment Telecom

Glo Finally Joins MTN, Airtel & 9mobile to Launch Banking Payment Platform MoneyMaster

Glo has launched MoneyMaster, its banking payment platform to provide financial services to millions of unbanked and under-banked Nigerians. Glo

Swvl
Electric Vehicle Ride-hailing

Swvl Partners Mybuxi to Launch On-Demand Electric Vehicle Service in Switzerland

Swvl, a globalĀ providerĀ of transformative tech-enabled mass transit solutions, has partnered with MyBuxi to launch an on-demand transit electric vehicle service

Google
Data

Google Establishes First African Cloud Data Centre in South Africa

Google has announced plans to establish its first African cloud data centre region in South Africa. The new Google Cloud

Spleet
PropertyTech

Nigerian Propertytech Startup, Spleet Raises $2.6m to scale its Residential Rent-focused Products

Spleet, a Nigerian propertytech startup, has raised a $2.6 milliion investment to scale its residential rent management and rent financing

Algebra Ventures
Venture Capital

Algebra Ventures, the Egyptian Venture Capital Firm Raises $100m For its Second Fund

Algebra Ventures, the Egyptian venture capital firm, has announced that it has completed a $100 million first close of its

iiDENTIFii
Funding

South African Biometrics Startup, iiDENTIFii Secures $15m Series A Round Led by Arise

iiDENTIFii, the South African biometrics company, has raised USD15 million in growth capital, with the round led by African investment

Daystar Power
Acquisition Clean Energy Energy Renewable Energy

Shell Acquires West African Hybrid Solar Power Solutions Provider, Daystar Power

Daystar Power, a West African provider of hybrid solar power solutions, has announced its acquisition by Shell. Shell will acquire

Auto24
Business

Stellantis Invest in Africar Group to Create Auto24, an African Used Vehicle Startup

Africar Group and Stellantis have announced the launch of Auto24 activities in Abidjan, Ivory Coast. Auto24 is a direct-to-consumer used