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The International Finance Corporation (IFC) has announced an investment in the second fund from venture capital firm Algebra Ventures to
ImaliPay, a financial platform for African freelancers, has secured $3 million in an equity and debt seed funding round. Participating
Platform Capital, a provider of advisory services, has officially launched operations in South Africa to provide strategically driven investments with
Equinix, the world’s digital infrastructure company™, has announced the completion of its deal to acquire West African data center and
Swvl, the Egyptian mass transit and shared mobility services provider, has begun trading on the Nasdaq. The firm’s co-founder and
Tushop, a Kenyan social-commerce startup, has closed a $3 million pre-seed funding round led by 4DX Ventures with participation from
Andela, the global marketplace for remote technical talent, has announced the launch of its new platform designed to create a
MFS Africa has completed its acquisition of Capricorn Digital Limited, known in the market as Baxi, following approval of the
Eksab, an Egyptian fantasy football startup, has raised a $3 million seed investment round led by 4DX Ventures. The round
Swvl, a provider of transformative tech-enabled mass transit solutions, and Moove, a mobility fintech startup, have partnered to scale Moove’s revenue-based