Africa
Orange Ventures and Digital Africa to enhance investments in startups
Orange Ventures and Digital Africa have joined forces to strengthen and accelerate support for African startups from the Orange Digital Centers (ODC) network. This partnership expresses their commitme...
Egyptian proptech startup Birdnest secures Pre-Series A funding
Egyptian proptech startup Birdnest announced the successful closing of a significant pre-Series A funding round led by Beltone Venture Capital, a wholly-owned subsidiary of Beltone Holding, and CI Ven...
IFC invests $150 million to support Africa’s small and mid-cap companies
IFC announced a $150 million investment in four projects supporting Africa’s small businesses and mid-cap companies. The investments included: An advisory program with Egypt’s Universal He...
GAFI and African Development Bank empower entrepreneurs in Egypt
The General Authority for Investment and Free Zones (GAFI) of Egypt, in cooperation with the African Development Bank (AFDB), recently concluded the program “Enhancing the Entrepreneurial Ecosys...
NBA Africa launches startup accelerator for early-stage startups
NBA Africa announced the launch of “Triple-Double: NBA Africa Startup Accelerator,” a startup accelerator based on the continent focused on early-stage African startup companies.
Ghanaian fintech, Zeepay raises equity investment for expansion
Ghanaian fintech company Zeepay Ghana Ltd announced the completion of an equity investment by pan-African investment firms Africa50, Oikocredit, Injaro, Verdant Capital Hybrid Fund, and I&P. The f...
Tony Elumelu Foundation announces latest entrepreneurship programme
The Tony Elumelu Foundation (TEF), the leading philanthropy empowering young African entrepreneurs from all 54 African countries, has announced the successful entrepreneurs in its tenth selection for ...
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...