The International Finance Corporation has agreed to invest $30 million (R540 million) in stock in the Pan-African telecoms and data center infrastructure company Wiocc Group.
To own an interest in
Kenya’s leading telecommunications network, Safaricom, has extended its network coverage within Ethiopia. The fresh development comes as a large-scale user pilot in Gondar and Awoday metropolia of Ethiopia.
Safaricom
Partment, an Egyptian Proptech startup that provides co-owned second homes, has raised $1.5 million in a pre-seed round of funding. The round was led by Nclude, a Fintech fund
With more than 34 million unique users visiting the platform over the course of the past two years, Vodacom claims that the zero-rated ConnectU platform has experienced “exponential growth.” This
Cloud Bike, the manufacturer of the first Moroccan-made electric bikes, “Telus Bikes,” is finally introducing its product to the Moroccan market after about four years of exclusively producing exports to
Sendy a commerce technology organisation has partnered with Meta technology company to bring training to entrepreneurs and SMEs in Nigeria and Kenya. The partnerships came via the innovation Growth Hub
Whats-App, the instant messaging and calling service app, is introducing a new feature that allows users to share a direct link to a call, making it easier to stay in
Two channel partners will be appointed by Telkom subsidiary BCX to resell Alibaba Cloud services in South Africa and the rest of Africa. Following the signing of an exclusive agreement
Mazaya, an Egyptian foremost B2B e-commerce marketplace focused on electronics appliances, has secured $5 million in Raya Trade & Distribution, a subsidiary of Raya Holding for Financial Investments-led pre-seed to
A good education is frequently the key to a better life in Africa. Upward mobility can occur in many different ways with the correct education. With the appropriate educational foundation,
Nigerian business-to-business (B2B) online food procurement company, Vendease has raised $30 million Series A to expand its operations to other countries on the African continent. The funding which includes debt
InGame Sports, an Egypt-based gaming and sports-tech startup announced that it has secured over $1 million in cash, in-kind resources, and grants in a pre-seed round led by Openner, a