Funding In Western Africa
Nigerian e-commerce startup, Omnibiz, lands US$3mn seed round
The company will collaborate with partners to boost the availability of working cash for merchants and provide digital solutions to help them run their businesses more efficiently. Read more
Anti-counterfeit Startup, Chekkit, secures $500k Pre-seed Funding
The cash will be used for product development, as well as expanding their existing anti-counterfeiting and consumer interaction solutions and developing comprehensive supply chain tracking and infrastructure optimization technologies. Read more
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Funding In Southern Africa
Globeleq secures US$362mn renewables debt refinancing in South Africa
The move will enhance the projects’ capital structures, leading to a reduction of the tariff to national utility Eskom and this particular transaction will result in savings of more than ZAR 1 billion (US$67.5mn). Read more
Latest News
Egypt’s Tech-startup Rizek establishes its mobile smart application in the country
The newly launched Rizek application in Egypt includes a group of different cutting-edge services that cover almost everything such as cleaning, beautification, maintenance, transportation, and pet care. Read more
