Nigerian Remedial Health has raised $12 million in Series A equity and debt funding led by Fintech VC firm QED Investors to digitize pharmacies and revolutionize the pharmaceutical supply chain in Nigeria and beyond.
Flutterwave has partnered with the International Air Transport Association to integrate its cutting-edge payment technology into IATA's Financial Gateway to enable Africans to conveniently purchase their flight tickets in their local currencies.
Uganda passed new tax law to impose a 5% levy on income earned by foreign providers of digital communications services like Twitter, Netflix, and Facebook.
Kyosk has acquired KwikBasket, a prominent player in the agricultural sector, to revolutionize the supply of fresh produce and expand into the African fresh produce market with the introduction of its Farm & Fresh line of business.
Orange Bank Africa partners with the International Finance Corporation to extend digital lending opportunities to small and medium-sized enterprises (SMEs) in West Africa.
Nuru's ambitious goal of illuminating five million lives across the Democratic Republic of Congo by September 2024 receives a major boost as IFC, the Global Energy Alliance for People and Planet and many others invest $40M in its Series B funding round.