News
-
Kenya’s Lipa Later Acquires Kenyan Marketplace Sky Garden
Lipa Later Group has acquired SkyGarden in a move that re-energizes our commitment to bridging the gap between the merchant…
Read More » -
Brito joins Egypt’s growing list of cloud kitchens after raising $1.25 million
Launched in 2022 by Rania Reda and Mo’nes Sadeq, Brito Cloud Kitchens owns and operates a series of smartly distributed,…
Read More » -
Cross-Border Payments Startup, Chipper Cash Lays-off Employees
Chipper Cash, an African cross-border payments company startup valued at slightly over $2 billion, has reportedly laid off many employees.…
Read More » -
Future Africa Teams Up With TLG Capital To Set Up $25M Venture Debt Fund For Portfolio Companies
Lagos-headquartered venture capital firm Future Africa is teaming up with TLG Capital, a London-based open-ended credit fund, to launch a…
Read More » -
Open Society Foundations (OSF) Award $1.1 Million Grant to Afrobarometer to Spur Future Growth
Afrobarometer (www.Afrobarometer.org) is pleased to announce that it has received $1.1 million in institutional funding from the Open Society Foundations (OSF). Afrobarometer…
Read More » -
Bike-Hailing Startup SafeBoda Exits Nigeria To Focus on Profitability In Uganda
Ugandan bike-hailing startup, SafeBoda is reportedly exiting Nigeria. According to the company, it wants to focus on “bringing the company…
Read More » -
Ichie Orazulike Receives FATE Foundation Model Entrepreneur of the Year Award
Pan African business magnate and renowned entrepreneur, Ichie (Dr) Nnaeto Orazulike has won this year’s FATE Foundation Model Entrepreneur of…
Read More » -
$200 Million (USD) Mastercard Foundation Africa Growth Fund Launched For Investment Vehicles (IVs)
The Mastercard Foundation Africa Growth Fund (MFAGF), a Fund of Funds that works through African investment vehicles to support early-stage, growth-oriented SMEs on the…
Read More » -
GetFundedAfrica & Wentors Team Up to Promote Female-Led Start-ups
In line with its mission to uplift people and economies in Africa through a robust start-up ecosystem, GetFundedAfrica has joined…
Read More » -
645 Ventures, Black-owned Venture Capital Raises Two New Funds Totaling $347M
645 Ventures has announced the closing of two new funds totaling $347M: Its $194M Fund IV and $153M Select Fund I. …
Read More »