Business funding
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Funding
Flow Global Raises Funds to Quickly Expand and Scale Within and Across Markets
Flow Global, a financial technology startup offering unique digital growth capital solutions to small retail merchants in Uganda and Rwanda,…
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Partnerships
Ecobank Kenya Introduces a New Digital Banking Platform Aimed at Africa’s Youth
Ecobank Kenya has announced the launch of the Fingo Africa digital banking app, which is aimed at young people in…
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Funding
Mastercard Collaborates with Ethiopian Minerals, Petroleum, and Biofuel Corporation to Digitize an E-commerce Platform
Mastercard recently announced a partnership with the Ethiopian Minerals Petroleum and Biofuel Corporation (EMBPC) that includes digitizing the corporation’s mineral…
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Funding
Tanzania’s NovFeed Named Overall Winner Of The $1M Milken-Motsepe Prize in Agritech
This year’s Milken-Motsepe Prize in Agritech went to NovFeed, a biotech company based in Tanzania. The startup won the $1…
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Funding
Egypt’s Kazyon Raises $165m to Become Africa’s Largest Discount Retailer
DPI has announced a $165 million equity investment in Kazyon Ltd, the UK parent company of Egypt’s largest discount store,…
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Funding
Tunisia’s E-Commerce Platform Drest.tn Raises $336,000 From 216 Capital Ventures
Drest.tn, an e-commerce platform based in Tunisia, has successfully raised $336,000 in funding from 216 Capital Ventures. This investment will…
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Funding
Health Tech Startup JEAY Healthcare Secures an Undisclosed Amount in Pre-Seed Funding Round
JEAY Healthcare, a health tech startup, recently announced its pre-seed funding round on May 25, 2023. The company has successfully…
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Funding
Nigerian Payment Service Provider, Nomba Raises $30m Pre-Series B Funding
Base 10 Partners led a $30 million pre-Series B funding round for the Nigerian payment service provider Nomba. The other…
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Acquisition
S.A.Greetings Acquired by Card Factory Plc
Card Factory, the UK’s biggest store for greeting cards, gifts, and party supplies, is happy to announce that it has…
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Funding
AfDB and Africa Fintech Network Agree to Give $525,000 to Help Develop Fintech in Africa
The African Development Bank and Africa Fintech Network (AFN) have signed a grant agreement for $525,000 to set up the…
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