Maplerad
Fintech Funding Investment Venture Capital

Nigerian Banking as a Service Startup, Maplerad Closes $6m Seed Funding

Maplerad, a Nigerian Banking as a Service (BaaS) startup, has raised $6 million in seed funding to acquire more customers,

SOUTH AFRICA’S SMARTWAGE APPOINTS THAMSANQA MOYO AS ITS NEW CTO
Africa Funding Startup

Cathay AfricInvest Innovation Fund Complete Final Close of €110M

AfricInvest, a leading multi-asset investment platform in Africa and global venture capital firm Cathay Innovation, have completed the final close

Solar Panda
Clean Energy CleanTech Funding Investment

Solar Panda Closes $8m in Series A Funding

Solar Panda Corporation, a Kenyan and Canadian firm that designs, manufactures, and sells pay-as-you-go (PAYGo) solar home systems, has raised

IFC
Health

IFC and Avacare Partner to Increase Access to Medicines and Healthcare Goods in Africa

International Finance Corporation (IFC) has announced a partnership with Avacare Global to help the company expand its manufacturing and distribution

NINJA
Accelerator

2nd cohort of NINJA Accelerator Program in Nigeria Opens For Application

The Japan International Cooperation Agency (JICA) and the National Information and Technology Development Agency (NITDA) in partnership with Ventures Park

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

IFC
Investment

IFC Invests $10m in Knife Capital Fund III to Support South Africa’s Digital Entrepreneurs

The International Finance Corporation (IFC) has invested in Knife Fund III, a new fund managed by Cape Town-based venture capital

Brimore
Ecommerce Funding Investment Venture Capital

Egyptian Social Commerce Startup, Brimore Closes $25m Series A Round

Brimore, an Egyptian social commerce startup, has secured a $25 million Series A round co-led by International Finance Corporation (IFC)

Entrepreneurship Startup

Meet Finalists of Financial Times and Seedstars Powered FTxSDG Challenge

Financial Times and Seedstars have announced the finalists of FTxSDG Challenge for a chance to win $500,000 in funding among other prizes. Winners will

TradeDepot
Ecommerce Funding Investment Venture Capital

Nigerian B2B eCommerce Startup TradeDepot Raises $110m Series B Investment

TradeDepot, a Nigerian B2B eCommerce startup, has raised a $110 million Series B in an equity and debt funding round