Techstars
Funding Investment Startup

Techstars Announces 12 New Investments Via its Africa-focused Program

Techstars, an investor platform in Africa, has announced its second cohort of 12 companies to participate in its pan-African accelerator

Event Funding Venture Capital

Norfund Strengthens Footprint in Nigeria to Drive Sustainable Economic Growth

The Norwegian Investment Fund for developing countries, Norfund, recently organized its first stakeholder event in Nigeria which hosted key players across

Volvo
Electric Vehicle

Volvo Delivers First Electric Truck to Morocco

Volvo Trucks has delivered its first heavy electric truck to refuse collection company Arma in Morocco. This is the first

Sun King
Clean Energy

Sun King Expands Series D to $330m With Additional Investment of $70m Led by LeapFrog

Sun King, the provider of solar energy products for off-grid homes in Africa and Asia, has received $70 million in equity investment in

Aruwa Capital
Venture Capital

Aruwa Capital Management Achieves Final Close on Fund I

Aruwa Capital Management, a Lagos-based female-founded and led early-stage growth equity and gender lens investment fund, has announced the successful

Daystar Power
Acquisition Clean Energy Energy Renewable Energy

Shell Acquires West African Hybrid Solar Power Solutions Provider, Daystar Power

Daystar Power, a West African provider of hybrid solar power solutions, has announced its acquisition by Shell. Shell will acquire

Jumia
Ecommerce

Zipline and Jumia join forces to Launch Drone Delivery in Ghana

Jumia and Zipline have announced today a collaboration to deploy automated, on-demand delivery for e-commerce in Africa. The pilot program

Cassava
Funding Investment Startup Technology Venture Capital

Cassava Technologies Announces $50m Strategic Investment From C5 Capital

Cassava Technologies, an African tech company, has announced that it has secured a US$50 million investment from C5 Capital (C5),

Venture Capital Women

ShEquity Recieves $1.2m Grant From USAID Trade Hub

ShEquity Partners, an investment firm that promotes women’s entrepreneurship in Africa, has received a $1.2 million co-investment grant from the

DAAYTA
Startup

ARM Names Winner of DAAYTA 2022

ARM has announced the winner of the Deji Alli ARM Young Talent Award (DAAYTA) 2022 at a recent finalists’ pitch