A Kenya-based technology firm that helps small-scale farmers increase their profitability, Apollo Agriculture, has agreed to take up a US$9.5 million loan from the US government-backed International Development
Teesas, a Nigerian Edtech startup has raised $1.6 million in a pre-seed funding round to expand its operations into new markets and also launch a marketplace that will connect
African social startup studio, Janngo Capital has announced the first close of its Start-Up Fund at $12 million (€10.5m).
The pooled funds comprise $7.9 million (€7m) provided by
Kenyan fintech startup, Paylend, announced Tuesday that it has secured $2 million seed investment from Next Chymia Consulting HK Limited, an Asian based company that provides blockchain applications, consultancy services
Planet42, a South Africa-based car subscription company that buys used cars from dealerships and rents to customers via a subscription model, has raised $30 million in equity and debt.
The
SweepSouth, an online home services platform backed by Naspers, has announced the acquisition of Filkhedma, an Egyptian home services startup.
Launched in 2014, SweepSouth is an online platform providing on-demand
Koniku Inc., a Nigerian-founded, California-based biotech company, has announced the close of its Series A financing round led by Platform Capital Investment Partners, a Nigeria-based private equity firm.
Founded in
Starting from 1st January 2022, Facebook has announced that Nigerians will pay 7.5 percent value-added tax (VAT) for all ad placements. The charge will apply to adverts running on
Nigerian edtech startup, uLesson, has announced that it has closed a $15M Series-B investment from Nielsen Ventures and Tencent, as well as existing investors, Owl Ventures, TLcom Capital, and Founder
Nigeria-based unified communications startup, SendChamp, has raised $100,000 to bridge the communications gap for African businesses. The close of this round signifies the public launch of the startup’s
CinetPay, an Ivorian fintech company that enables merchants in Francophone Africa to seamlessly accept and make payments, has announced a $2.4 million seed fundraising round from 4DX Ventures and
Africa No Filter, a narrative change organization, and Meta (previously Facebook) have announced a partnership to launch the “Future Africa: Telling Stories, Building Worlds” program, aimed at boosting the use
