Algebra Ventures
Venture Capital

IFC Invests $15m in Algebra Ventures to Support Egyptian Tech Startups and Drive Innovation

The International Finance Corporation (IFC) has announced an investment in the second fund from venture capital firm Algebra Ventures to

Andela
News Product Launch

Andela Launches New Platform to Power the Future of Customized Work

Andela, the global marketplace for remote technical talent, has announced the launch of its new platform designed to create a

Competition Startup

APPLY: 2022 Africa’s Business Heroes Prize Competition

The Africa’s Business Heroes (ABH) prize competition, has opened applications for its fourth annual edition. Entrepreneurs from all 54 African

Edtech

How an Edtech Startup Ran out of Money & Shut Down

Lido Learning, an Indian edtech startup, made $1.5M last year. This year, all of a sudden, it was completely shut

Google
Entrepreneurship Women

To Celebrate IWD, Google Grants African Female Entrepreneurs $1m

Google has announced a $1 million grant for African women entrepreneurs to celebrate International Women’s Day (IWD) and help grow their

Homzmart
Acquisition

Egyptian Furniture Marketplace, Homzmart Acquires Germany’s MockUp Studio

Homzmart, an Egyptian furniture marketplace, has acquired German-based technology company, MockUp Studio. MockUp Studio’s technology allows customers to visualise their

Metaverse MTN Telecom Web 3

MTN Becomes First African Company to Enter the Metaverse With Land Ownership on Africarare

MTN has become the first African company to enter the metaverse by purchasing land in Africarare. Africarare which made its

TradeDepot
Acquisition

Nigerian B2B Marketplace TradeDepot Expands to Ghana With Acquisition of Green Lion

TradeDepot has acquired Green Lion, a Ghanaian B2B eCommerce platform to accelerate its growth, boosting its service delivery across the

CATAPULT: Inclusion Africa
Fintech

APPLY: LHoFT Foundation Unveils Special Edition of CATAPULT: Inclusion Africa

Building on the success of 2018, 2020 and 2021 editions of CATAPULT: Inclusion Africa, LHoFT Foundation has launched a special edition

Wasla
Ecommerce Funding Investment Venture Capital

Egyptian eCommerce Startup, Wasla Secures $9m From Contact Financial Holding

Wasla, an Egyptian ecommerce startup, has secured a $9 million investment from Contact Financial Holding, Egypt’s largest non-bank financial services