Africa

19 startups selected for Visa Accelerator program – Africa

Visa has announced that 19 African startups have been selected to participate in the third cohort of the Visa Accelerator program – Africa. The startups represent 21 African countries and operat...

Egypt’s AAIB raises $500 million to support climate finance and boost MSMEs

Arab African International Bank (AAIB) issued a $500 million sustainability bond, with investments from IFC, the European Bank for Reconstruction and Development (EBRD), and British International Inve...

Gebeya joins Microsoft and Azure’s ISV and startup programs

Gebeya, a leading Pan-African SaaS Service marketplace technology company, announces its acceptance into the prestigious Microsoft ISV Success Program and the ISV and Startup for Azure program.

Entlaq tables the first agritech report on Egypt

Entlaq has announced the release of its first annual report on Egypt’s agritech sector, titled ” The Untapped Potential of  The Egyptian Agri-Tech Sector: Driving Innovation and Growth.” T...

Janngo Capital start-up fund oversubscribed at $78 million

Pan-African venture capital firm Janngo Capital announces the final closing of its second fund at $78 million, 20% beyond its initial target. This fundraising demonstrates the confidence of leading in...

Yellow Card closes $33M Series C funding round led by Blockchain Capital

Yellow Card, the largest licensed Stablecoin on/off ramp on the African continent, announced the closing of its Series C financing. The US $33 million equity financing was led by Blockchain Capital, w...

Raya Foods secures $40 million from Helios Investment Partners

Raya Holding for Financial Investments has announced an investment of approximately $40 million in its portfolio company, Raya Foods, led by Helios Investment Partners, Africa’s largest investme...

Young startups and agribusinesses shine at Uganda trade fair

Twenty-one young Ugandan entrepreneurs, including 11 women-led agribusinesses, presented their innovative products and sustainable solutions at the country’s biggest trade event, the Uganda Manufactur...

Bpifrance, Sawari Ventures, and Flat6Labs to support Francophone and African entrepreneurs

Bpifrance, Sawari Ventures, and Flat6Labs announced the signing of an MoU. This strategic partnership is designed to strengthen ties between Africa, Europe, and the Middle East and to provide enhanced...