SweepSouth
Acquisition

Naspers-Backed SweepSouth Acquires Egypt’s Filkhedma

SweepSouth, a Naspers-backed online home services platform, has acquired Egyptian startup FilKhedma to expand into the North African country. The

Payment

Uber, Paymob Partner To Expand Payment Options For Drivers And Riders in Egypt

Uber has announced its partnership with Paymob, an Egyptian digital payment service provider, to expand payment options on the Uber app. This

Ecobank Fintech Challenge
Fintech

Nigeria’s Trove Finance Wins 2021 Ecobank Fintech Challenge

Ecobank Group has named Trove Finance, a Nigerian stock investment startup, the winner of the fourth edition of the annual

SafeBoda
Funding Ride-hailing

SafeBoda Receives Investment From Google’s Africa Investment Fund

SafeBoda, a Ugandan super app, has become the first startup to receive investment from Google’s Africa Investment Fund. The undisclosed

Ventures Platform
Venture Capital

Ventures Platform Announces First Close of its $40m Fund

Ventures Platform, an African venture capital firm, has announced the first close of its $40 million pan-African fund. Though the

Alitheia IDF
Private Equity Fund

Alitheia IDF Announces Final Close at $100m to Fund African Female-led Startups

Alitheia IDF (AIF), Africa’s first women-led and women-focused private equity fund, has announced the final close of the $100 million fund with

4DX Ventures
Venture Capital

African-focused Venture Capital Firm, 4DX Ventures Closes Second Fund at $60m

4DX Ventures, a pan-African venture capital firm, has completed the final close of its second fund at $60 million. The

Wowzi
Funding Investment Venture Capital

Kenya’s Wowzi Bags $3.2m to Support African Creators

Wowzi, a Kenyan startup that connects brands with influencers to scale up their marketing, has raised $3.2 million funding from

54Gene
Health

54gene Unveils Diagnostic hub, 7RiverLabs

54gene, the health technology firm advancing African genomics research for improved global health outcomes, has announced the launch of its

Mastercard
Partnership Payment

Mastercard and Jumia Donate 25 000 Trees to Support Priceless Planet Coalition

Mastercard and Jumia have partnered on a Black Friday promotion to enable Mastercard cardholders to support the forest restoration projects