ZOLA ELectric
Funding Investment Renewable Energy Venture Capital

ZOLA Electric Secures $90m Funding to Expand into New Markets

ZOLA Electric, a renewable energy firm with operations in several African countries, has raised $90 million in debt and equity

Fintech Partnership Pay Tv

Flutterwave, 9PSB Partner to Boost Growth of Inclusive Financial Services in Nigeria

Flutterwave and 9PSB have today entered into a partnership agreement that will help facilitate seamless financial services for Nigerians. In

Acquisition

Days After Raising $20m, South Africa’s Finclusion Group Acquires Stake in HelloHR

Finclusion Group has announced the acquisition of a strategic stake in HelloHR, a South African payroll software startup. This comes

Funding Health Investment Startup Venture Capital

Egyptian Healthtech Startup, Sotech Secures $1m Pre-Seed Round

Sotech, an Egyptian healthtech and IoT solutions startup, raised $1 million pre-seed funding round led by Innlife investments and key

Fawry
Acquisition Fintech

Fawry Acquires Minority Stake in Social Commerce Platform Brimore

Fawry, the Egyptian e-payments solutions and banking services provider, has acquired a minority stake in Brimore, a social commerce platform

Mauritius
Innovation Technology

Mauritius Leads ‘Africa’s Big Four’ in Global Innovation Index 2021

Mauritius has been named the most innovative country in Africa in the latest Global Innovation Index (GII 2021) published by

#StartupSouth
Entrepreneurship Funding Startup

APPLY: StartupBootCamp by #StartupSouth Worth $30K

StartupBootCamp by #StartupSouth is a 2-weeks Virtual acceleration program open to early-stage founders. The program is suitable for early-stage startups within the South-South and

YouTube
Appointment Video Streaming

YouTube Appoints Addy Awofisayo as Head of Music, Sub-Saharan Africa

YouTube has appointed Addy Awofisayo as its Head of Music, Sub-saharan Africa for YouTube and YouTube Music. Awofisayo will be

Ecommerce Funding Investment Venture Capital

Egyptian B2B Startup, Cartona Secures $4.5m Pre-Series A Funding

Cartona, a B2B platform connecting retailers to manufacturers and wholesalers, has closed a $4.5 million Pre-Series A fundraise led by

Funding Investment Renewable Energy

U.S. Development Finance Corporation Invests $10m in Nithio FI to Scale Clean Energy Financing in Africa

U.S. Development Finance Corporation (DFC) has invested $10 million in Nithio’s Financial Intermediary, Nithio FI, B.V., an AI-enabled clean energy