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IFC Invests $25 Million to Expand Energy Access in Sub-Saharan Africa
The International Finance Corporation (IFC) has made a significant commitment to improving energy access in…
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UK Government Invests $2.5 Million to Boost Science and Innovation in Ghana and Nigeria
The UK government, through its West Africa Research and Innovation Hub, is investing up to…
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Uncap Launches $33 Million Fund to Boost African SMEs
Uncap, a venture capital firm with operations in Munich and Nairobi, has introduced a $33…
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Swedish Development Finance Institution Invests in Access Bank to Boost Nigerian MSMEs
Swedfund, a leading Swedish development finance institution committed to poverty reduction, has announced a $30…
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The Shifting Sands of African Startup Funding: A New Era of Scrutiny and Focus on Profitability
The exuberant growth of African startup funding witnessed between 2019 and 2021 has given way…
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Bimalab Africa Expands Reach to 15 African Countries with $600,000 in Funding
The Bimalab Africa Insurtech Accelerator Program, a key initiative driving innovation in African insurance, has…
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Mastercard Foundation Africa Growth Fund Invests $27 Million in Three Impact Investors
The Mastercard Foundation Africa Growth Fund has announced significant investments in three leading impact investment…
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Alterra Capital Partners Secures $140 Million for $500 Million Africa-Focused Fund, Backed by Dangote and Global Investors
Alterra Capital Partners, a leading private equity firm, has successfully raised $140 million in the…
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African Tech Funding Slowdown: Q1 2023 Highlights
The first quarter of 2023 witnessed a significant slowdown in venture capital funding across the…
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“Streamlining Cross-Border Business in Africa: Norebase’s New Approach”
In Africa’s fragmented $3 trillion market, where over 1.2 billion people have relatively low disposable…