U.S giant computer technology corporation, Oracle, has opened a data center in Johannesburg, South Africa. This center is the company’s first infrastructural project in Africa, aimed at providing
InstaDeep, an enterprise AI startup that specializes in creating decision-making systems for solving real-world problems has raised $100 million in Series B financing led by Alpha Intelligence Capital and CDIB.
Carry1st, a South African mobile gaming publisher has announced a $20 million Series A extension round led by Silicon Valley-based VC firm, Andreessen Horowitz. This investment marks a16z’s first
Egyptian fintech giant, Fawry, has announced Thursday its plan to raise EGP 800 million (~$50.9 million) in growth capital through a rights issue to existing shareholders.
In a statement,
Finclusion Group, a fintech that uses AI algorithms to provide financial services to African customers via an array of credit-centric products, has raised $20 million in debt and equity pre-Series
Recently, African Tech-Startups have taken the center stage particularly in the area of access to funding. In 2021, African tech companies did unimaginable numbers by surpassing every prediction by experts
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
South African Fintech startup Crossfin has been acquired by Ethos’ Mid-Market Fund I (EMMF I) and Patrice Motsepe’s African Rainbow Capital (ARC) in a deal worth $94.3m.
The
South African fintech startup, Paycode, has secured an undisclosed investment from one of Nigeria’s leading financial services providers, Investment One Financial Services Limited (Investment One). This deal was made
Zak Calisto, CEO, and Founder of Karooooo and Cartrack has acquired Cape Town-based on-demand logistics startup Picup Technologies for $4.8m. Picup Technologies was purchased for 70.1% by Karooooo
Nigerian fantasy sports company Fantastic.ng, has sealed a multimillion naira promotional partnership deal with Dutch conglomerate LambWeston, owners of the Poundo Potato brand in Nigeria.
Fantastic.ng was launched
Nigerian automotive tech startup Autochek has announced the acquisition of Cheki Kenya and Uganda from Ringier One Africa Media (ROAM) for an undisclosed amount.
The acquisition will enable Autochek’s
