Funding Investment Venture Capital

Egyptian Digital Freight Marketplace, Trella Raises $42m Investment

Trella, an Egyptian-based digital freight marketplace, has closed a $42 million funding round, comprising $30 million new equity and $12 million debt

Accelerator Event Startup

Participants in the iNOVO Accelerator Programme Share Their Experiences As They Graduate

Designed to empower 10 early-stage Nigerian startups that are solving challenges resulting from the COVID-19 pandemic, in January 2021, the UK-Nigeria

DLM Trust
Awards Fintech

DLM Capital Group Retains Position as Best Structured Finance & Securitization Team in West Africa

DLM Capital Group, a prominent Developmental investment bank, has once again emerged as the best structured finance and securitization team in West

Tareeqi
Acquisition

Egyptian Edtech Startup Tareeqi Acquired by Oman’s eMushrif

Tareeqi, an Egyptian edtech startup has been acquired by IoT-enabled Transport startup eMushrif. eMushrif was established in 2016 and has succeeded

SEC
Fintech Regulation

SEC To Launch Regulatory Incubation Programme For Fintechs Operating in the Nigerian Capital Market

The Securities and Exchange Commission (SEC) has announced plans to launch a regulatory incubation (RI) programme for fintechs operating or

Truecaller
Apps

Truecaller Launches Smart SMS Feature in Africa

Truecaller is rolling out a new feature to further augment the user experience. The new feature Smart SMS has been

Jumia
Ecommerce Jumia Report

More than 50% of Jumia Sellers in Nigeria, Kenya are Women

Jumia collaborated with the International Finance Corporation (IFC), alongside the European Commission and Kantar Public, on a report titled Women and

MarketForce
Acquisition

MarketForce Acquires Digiduka to Consolidate Distribution of Consumer Goods With Digital Financial Services

MarketForce, the Kenyan-based end-to-end retail distribution platform for consumer brands in Africa, has acquired Digiduka, a startup on a mission

WEF
Startup Technology

54gene, Sokowatch Selected As World Economic Forum’s (WEF) Technology Pioneer

African startups, 54gene and Sokowatch, have been selected among hundreds of candidates as the World Economic Forum’s (WEF) “Technology Pioneers”.

Fatura
Ecommerce Funding Investment Venture Capital

Egyptian Ecommerce Marketplace, Fatura Raises $3m Investment For Expansion

Fatura, an Egyptian ecommerce B2B marketplace, has raised $3 million pre-series A funding. The round was co-led by Sawari Ventures