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Africa

EUROPEAN UNION SUPPORTS KENYA’S EXPORTS WITH €25 MILLION

The European Union (EU) has declared an investment of €25 million to TradeMark Africa, which was previously known as TradeMark East Africa, to help...

MTN GLOBAL CONNECT PROMOTES FEMALE LEADERSHIP IN ITS ORGANIZATION

Telecommunications company, MTN GlobalConnect has declared two Managing Directors' designations for their operations in Uganda and Nigeria. The Managing Director position will be taken by...

72 AFRICAN EDTECH STARTUPS TO ENJOY CCHUB’S $15 MILLION INVESTMENT

Only 0.72% of Africa’s total venture capital was raised by African edtech entrepreneurs in 2022. Under its Edtech Fellowship Program, Co-Creation Hub (CcHub) hopes...

UQUDO AND GETFUNDEDAFRICA COLLABORATE TO RAISE TECH GROWTH IN AFRICA

One of Africa's top technologically focused market place for founders, GetFundedAfrica, has collaborated with Uqudo which is one of EMEA's most inceptive digital identity...

INSURTECH STARTUP, NAKED, EXPAND DIGITAL INSURANCE IN AFRICA, RAISED $17 MILLION SERIES B FUND

The International Finance Corporation led a $17 million Series B round of funding for the South African insurtech startup, Naked. This round also included...

YODAWY GETS $16 MILLION SERIES B FUND TO BOOST E-PHARMACY IN AFRICA

Yodawy, in conjunction with Global Ventures and Delivery Hero, has secured an estimated $16 million in its Series B fund. In 2018, Yodawy was co-founded...

PARTECH CLOSES AFRICA II FUND, THE LARGEST AFRICA-FOCUSED FUND AT $263 MILLION

The famous global venture capital (VC) firm, Partech, which focuses on startup businesses worldwide, has closed its Africa II fund. The fund closes at...

GRINDSTONE X NASPERS LABS ANNOUNCE THE 10 WOMEN LED STARTUPS TO PARTICIPATE IN ITS WOMEN-FOCUSED ACCELERATOR

Naspers Labs and Grindstone have announced the 10 startups selected for their South African women-focused accelerator program. The shortlisted businesses are all women-led and...

TELECOM EGYPT, HUAWEI ACTIVATES THE FIRST GREEN TOWER IN AFRICA

Egypt’s first integrated telecommmunications operator, Telecom Egypt in collaboration with Huawei Technologies, one of the world’s leading supplier of smart devices and information and...

WORLD BANK PREDICTS ECONOMIC GROWTH IN 2023 FOR 5 AFRICAN COUNTRIES

Inspite of the looming global recession predicted for 2023, the World bank analysis, foresees a growth projection for Sub-Saharan Africa. Although the recession is...

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