Tawfeer Market
Funding Investment Venture Capital

Egyptian Online Retail Startup, Tawfeer Market Raises $500K Seed Round

Tawfeer Market, the Egyptian online grocery retail startup, has raised $500,000 seed round with contributions from Alexandria Business Angels Network.

Partech
Accelerator

Partech Launches Acceleration Program For European Scaleups Looking to Expand to Africa

Partech, the global tech investment firm, has announced the launch of Chapter54, a first-of-its-kind acceleration program for European scaleups looking

Topship
Accelerator Startup

Nigerian Shipping Company, Topship Joins YC’s Winter 2022 Batch

Topship, a Nigerian shipping company, has been accepted to Y Combinator’s Winter 2022 Batch. Founded in 2020, Topship wants to

Africori
Acquisition Music

Warner Music Group Acquires African Music Company Africori

Warner Music Group (WMG) has announced that it has acquired a majority stake in Africori, an African digital music distribution,

Afrikrea
Ecommerce

Ivorian E-commerce Platform, Afrikrea Secures $6.2m in Pre-series A Round, Rebrands to “ANKA”

Afrikrea, an Ivorian e-commerce platform, has closed a US$6.2M pre-Series A round led by Investisseurs & Partenaires and has also

ThankUCash
Funding Investment Startup Venture Capital

ThankUCash Bags $5.3m Funding to Build Infrastructure For Cashback

ThankUCash, a Nigerian rewards platform, has secured a $5.3 million seed round to expand its services across Africa and to

Amazon Prime Video
Video Streaming

Amazon Prime Video Signs Streaming Deal With Nigeria’s Anthill Studios

Weeks after signing a licensing deal with Inkblot Studios, Amazon Prime Video has entered into a multi-year licensing deal with

Cryptocurrency
Cryptocurrency

3 Trends in Africa’s Crypto Sector to Expect in 2022

For the global crypto industry, 2021 is likely to be remembered as one of the many years bitcoin broke past

Teraco
Acquisition

Digital Realty to Acquire 55% Stake in South Africa’s Teraco

Digital Realty, the largest global provider of cloud and carrier-neutral data centre, colocation and interconnection solutions, has entered into a

Film Partnership

Nollywood Movies Set to Hit Amazon Prime Video After Exclusive Streaming Deal With Inkblot Studios

As from 2022, Nollywood movies would be available to watch on Amazon Prime Video thanks to the multi-year deal the streaming