Ascent
Funding Venture Capital

African Private Equity Fund Manager Ascent Announces Close of Ascent Rift Valley Fund II

African private equity fund manager Ascent has announced the first rolling close of its Ascent Rift Valley Fund II (ARVF II) at

Startup
Feature Technology Venture Capital

Why a Wave of Technology Giants Will Come From Africa

Ian Lessem, Managing Partner at HAVAÍC, investors in early-stage, high-growth technology businesses, notes a significant increase in investment demand for African

MFS Africa
Fintech Funding

MFS Africa Invest $3 Million in Cameroon Fintech Firm, Maviance

MFS Africa,  the pan-African cross-border payments startup, is not a venture capital firm. However, in recent times, it has acquired

Wema Bank
Hackathon

Wema Bank Announces Winners of Hackaholic 2.0

Wema Bank has announced the winners of Hackaholics 2.0, an acceleration aimed at helping startups scale and gain entrance into

Thrive Agric
AgricTech Business

Thrive Agric Announces Completion of Pending Payments to ALL Crowd funders

Thrive Agric, the Nigerian digital agriculture/investment platform has announced that it has fully completed payments due to all the crowd

Paystack
Fintech Payment

Paystack Launches in South Africa After a Six-month Pilot

Paystack has launched in South Africa seven months after being acquired by Stripe for over $200 million. Before debuting in

Funding Investment

Rabawa, Africa’s First Social And Video Commerce Platform Raises $163,000

Rabawa, Africa’s first social and video commerce platform, has raised $163,000 from Aptive Capital, a VC firm in USA that is

Lami Technologies
Funding Insurtech Investment Venture Capital

Lami Technologies Closes $1.8m Seed Funding to Accelerate Growth of Digital Insurance in Africa

Lami Technologies, a Kenyan insurance technology (insurtech) company that aims to democratize insurance products and services for low-income Kenyans, announced

Asante
Fintech

Africa-focused Fintech, Asante Financial Services Joins Mastercard Start Path

Asante Financial Services has been selected to join Mastercard Start Path, an award-winning startup engagement program. Asante is among a group of only 6 startups chosen from across the

Leapfrog Ventures
Funding Investment

GIZ Egypt Unveils $120m Funding Targeted at First-time Fund Managers

GIZ Egypt, in partnership with Egyptian Micro, Small and Medium Enterprises Development Agency (MSMEDA), Endure Capital and Changelabs, has launched