AGRA and Rwanda Partner to Launch Food Innovation Hub
February 25, 2025
KCB Secures $100M from British International Investment
February 24, 2025
British International Investment (BII), the UK’s development finance institution and impact investor, has announced the provision of a $100 million Tier 2 capital facility to KCB Bank Kenya to increase its lending capacity to climate-related projects and…
Dream VC Opens Applications for Its 2025 Venture Capital Fellowship Programs
February 24, 2025
Dream VC, a venture capital education platform in Africa, has announced the official opening for applications for its 2025 fellowship programs. Through this initiative, Dream VC hopes to equip aspiring investors with the knowledge, skills,…
Swedfund, BII, and Norfund Invest $85M in AgDevCo
February 21, 2025
Swedfund, alongside British International Investment (BII) and Norfund, have announced a joint $85 million investment in AgDevCo, the specialist investor transforming agriculture across sub-Saharan Africa. The equity investment comprises up to $20 million from Swedfund,…
MANSA Secures $10M in Funding Round to Expand Stablecoin-Based Payment Solutions
February 20, 2025
Global fintech firm, MANSA, has announced the close of a $10 million funding round. This will help the company in its mission to alleviate liquidity challenges for payment companies worldwide. MANSA’s stablecoin-based solution offers payment…
Applications Open for OceanHub Africa’s 2025 Accelerator Program
February 19, 2025
OceanHub Africa has announced the launch of the sixth cohort of the OceanHub Africa accelerator. This 12-month program aims to support up to 24 of Africa’s most promising impact-driven for-profit startups dedicated to preserving and…
Egyptian SaaS Startup Qme Secures $3 Million Seed Funding
February 17, 2025
Qme, an Egyptian B2B SaaS startup, has raised US$3 million in a seed funding round with participation from AHOY, a leading multi-sector technology company, alongside a group of strategic angel investors in the GCC region. …
Madica Announces Investments in Four African Tech Startups
February 13, 2025
Madica has announced its latest round of investments in four tech-enabled startups which include Medikea, Motherbeing, Pixii Motors and ToumAI. Each startup has received an investment of up to $200,000 and will participate in Madica’s comprehensive investment program. This includes…
Fincra Appoints Emmanuel Babalola as Chief Commercial & Growth Officer
February 13, 2025
Fincra has announced the appointment of Emmanuel Babalola, also known as Babz, as its new Chief Commercial and Growth Officer. Babz joins us with lots of experience and success in the African fintech industry, having…
Taager Secures $6.75M Pre-Series B to Scale Social E-Commerce in MENA
February 13, 2025
Taager has announced the completion of its $6.75 million pre-Series B funding round, led by Africa-focused tech growth fund Norrsken22.This round will enable the company to fuel its growth in the Middle East. The oversubscribed…