AfricInvest Announces Final Close of African Midcap-Focused Fund at Over $400m
AfricInvest, a prominent investment platform engaging in private equity, venture capital, private credit, and listed equities, has announced the final…
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CASF Invests in Fintech Startup, Finclusion Group
Finclusion Group, a sub-Saharan African fintech platform, has received an undisclosed investment from the Cairo Angels Syndicate Fund (CASF). CASF’s…
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M Auto, e-Mobility Startup Secures Funding to Expand its Electric Motorcycle Fleet and Factory in Togo, Benin
M Auto, a’mobility as a service’ startup, has raised an undisclosed amount of money from Africa Transformation and Industrialisation Fund…
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ShEquity Receives a $1.2 Million Grant From USAID Trade Hub
The USAID Trade Hub has co-invested $1.2 million in ShEquity to invest in and support over 100 high-potential women-owned or…
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Nigeria-Based Startup, Betastore Raises $2.5 Million for Expansion
Betastore, a Nigerian business, has received $2.5 million in pre-series funding. By the end of the year, the company hopes…
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Kenyan Small Businesses Experience 47% Increase in Cyber Attacks
When a small business owner is juggling production economics, financial reporting, and marketing, cybersecurity might seem complicated and, at times,…
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Google to Discontinue YouTube Go in August
YouTube Go will be decommissioned in August. A message on Google’s help page officially confirmed the move. Users of YouTube…
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Ayoken Secures $1.4M to Scale its NFT Marketplace for Creatives
Ayoken, a non-traditional marketplace for creatives, has raised $1.4 million in pre-seed capital to help users diversify their revenue streams…
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Facebook to Pull the Plug on Podcast Platform in Less Than a Year of Its Launch
Social media giant Facebook has planned to shut down its podcast platform less than a year after its launch. According…
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Nigerian Fintech Startup, Grey Collaborates With Payments Company, Cellulant to Expand in East Africa
Grey, a Nigerian finance firm, has announced a partnership with Cellulant to expand its service to East Africa, starting with…
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Fret, Moroccan Logistics Startup Cloudfret Secures $1M Funding
Cloudfret, a Moroccan logistics and transportation business that connects loaders and carriers, has raised $1 million in capital to extend…
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Elon Musk says Starlink has been approved in Nigeria and Mozambique
Elon Musk revealed in a tweet on Friday that Starlink, his space exploration company’s satellite internet service, has been licensed…
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Ndukwe Kalu Foundation Calls for Improved Online Protection of Children
LAGOS; MAY 27, 2022: Ndukwe Kalu Foundation (NKF), a non-for-profit organization aimed at promoting knowledge in Information and Communication Technology…
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Western Powers to Support Energy Transition in South Africa With $8.5-Billion
According to a joint statement released by the South African government and the African Development Bank, the United Kingdom, the…
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Uber Records One Billion Trips Milestone in Africa
Since entering the African market less than ten years ago, Uber, a worldwide ride-hailing services provider, has completed one billion…
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Egypt Based Health Startup, Esaal Secures $1.7 Million Seed
Esaal, one of the region’s major technological platforms for online health and wellness consultations, has closed the final tranche of…
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Meet the 15 Startups Selected for CcHUB’s Createch Accelerator Programme
The CcHUB’s Creative Economy Practice has selected 15 entrepreneurs to participate in the Createch Accelerator 1.0 program, which will provide…
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Yellow Card, Nigerian Crypto Exchange Opens Office in Ivory Coast
As it continues to expand across Africa, Nigerian cryptocurrency exchange Yellow Card has added Ivory Coast to its list of…
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Solar Sister, LivelyHoods Kenya Collaborates to Provide Clean Energy to Millions of People in Sub-Saharan Africa
Solar Sister, Inc. and LivelyHoods Kenya have combined in a move that is projected to provide millions of individuals in…
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Gebeya Announces Partnership With BIT Foundation to Empower and Connect African Talents
Gebeya Inc., a Pan-African marketplace for freelance professional talent, has announced a new relationship with the Blacks In Technology (BIT)…
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Visa Partners With Trace Academia to Help African Youths Develop Practical Business Skills
The latest development in Visa’s Practical Business Skills (PBS) initiative, which offers potential partners integration and co-branded opportunities to contribute…
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The Nigerian Government Will Equip 200,000 Public Servants for the eGovernment Initiative
Nigeria’s Federal Government intends to work with the Korean government to train 200,000 civil officials on the eGovernment program over…
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Nigerian Looty founder, Chidi Nwaubani, is Reclaiming African Artefacts Through Digital Art
A Nigerian man, Chidi Nwaubani has launched the “Looty” project, which aims to restore African antiques taken by European colonists…
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Boris Bison, Cameroon Business Incubator Seals Deal to Spread 5G Tech Spaces Across Africa
Boris Bison (BB) Incubator, a Cameroon-based business incubator, has partnered with Ludique Works, a pan-African video game publishing company, and…
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SA edtech Startup FoondaMate Secures $2M Seed Funding
FoondaMate, a South African edTech company, has raised $2 million in a seed round headed by LocalGlobe, a UK-based venture…
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VerifyMe Introduces Instant Vehicle License Verification Service in Nigeria
VerifyMe Nigeria, a digital identification and consumer analytics technology business, has developed a digital plate number verification solution that immediately…
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Honoris United Universities Changes 770,000+ Lives Across Africa
The initial impact report from Honoris United Universities, Africa’s first and largest pan-African network of private higher education institutions. Honoris’…
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Sophos Named a Leader in 2022 KuppingerCole Leadership Compass for Endpoint Protection, Detection and Response
Sophos, a global leader in next-generation cybersecurity, today announced it has been named a leader in the 2022 KuppingerCole Leadership Compass for…
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Egypt’s Sylndr Completes $12.6m Pre-Seed Round for Expansion
Sylndr, Egypt’s online used-car store, has raised $12.6 million in a pre-seed round headed by RAED Ventures, with participation from…
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Meet Nigeria’s Jamit, the Social Network for African Podcasters
Jamit is a “social audio network” based in Nigeria that assists African podcasters with content creation and links them with…
