Africa

Koa Academy wins the $50,000 MEST Africa Challenge

MEST Africa announced Koa Academy has won the 2023 MEST Africa Challenge (MAC), securing a $50,000 equity investment after a competitive pitch battle among Africa’s brightest tech innovators.

P1 Ventures successfully closes $35 million for its second fund

P1 Ventures successfully completed the second close of $35 million for Fund II. The fund welcomes the World Bank’s International Finance Corporation (IFC) as its first public institutional investor. I...

Submissions open for Orange Social Venture Prize

The 14th Orange Social Venture Prize in Africa and the Middle East has opened the submissions from yesterday, March 18, 2024. Candidates from the 17 countries within the Orange footprint have until Ma...

AWIFF and Victoria’s Secret launches Growth Accelerator programme in Nigeria

The Africa Women Innovation and Entrepreneurship Forum (AWIEF) announces the launch of its Growth Accelerator programme in Nigeria in partnership with iconic global brand Victoria’s Secret &...

Agel successfully raises undisclosed seven-digit figure fund in its pre-seed round

Agel, Egypt’s first and only Islamic FinTech, has announced that the company has successfully closed the pre-seed round for undisclosed seven-digit figures. The investment round was led by

Logistics startup, Fez Delivery raises $1 million in seed round led by Ventures Platform

Nigerian logistics startup, Fez Delivery announced that it has raised $1 million in a seed round led by Ventures Platform, with participation from Voltron Capital, Acasia Ventures (formerly Cairo Ange...

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