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AfricInvest and Cathay Innovation reach final close of Pan-African fund at €110M

Cathay AfricInvest Innovation Fund (CAIF), a Pan-African fund launched via a partnership between AfricInvest, a multi-asset investment platform in...

inq. acquires Enea AB’s edge technology IP license for orchestration ability

inq., a pan-African computing solutions provider currently present in 9 African countries, has announced...

South African Fintech Stitch launches Stitch Payouts in South Africa

South African API fintech Stitch has launched Stitch Payouts, a service it claims will enable businesses to send payments...

Crown Flour Mill’s economic contribution gets presidential recognition 

Crown Flour Mill Limited (CFM), the wheat milling subsidiary of Olam International, an agribusiness firm, has won Nigeria’s National...

Government-directed internet shutdowns in Africa threaten digital penetration and inclusive growth

Africa’s leaders say they want high standards of living, educated citizens, and a quality of life underpinned by science,...

Safaricom declares $2.42 billion revenue, plans to launch commercial operations in Ethiopia this year

Safaricom, the largest telecommunications provider in Kenya, is set to launch commercial operations in Ethiopia later this year....

Twiga starts commercial farming, looking to guarantee quality, sustain supply

Twiga, a B2B e-commerce food distribution platform, has today announced the launch of its new subsidiary, Twiga Fresh,...

Meta sued in Kenya over claims of exploitation and union busting

A suit was earlier today filed against American social-media giant Meta and Sama, its main subcontractor for...

Uber seeks to resolve dispute with Kenyan drivers out of court

Uber has opted for arbitration to solve a dispute it has with drivers in Kenya over the reduction...

Egyptian fintech Paymob raises $50M led by PayPal Ventures and Kora Capital

Egyptian fintech Paymob, which enables merchants to accept digital payments online and in-store, announced today it has raised $50...

Nigeria’s OnePort 365 lands $5M to digitize freight management in Africa

The global maritime industry oversees the movement and handling of over 800 million containers in various ports worldwide....

Sun King raises $260M to widen clean energy access in Africa, Asia

One of the largest solar companies in Africa and Asia, Sun King, has raised $260 million in series D...
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Egyptian B2B e-commerce platform Cartona raises $12M to scale and explore new verticals

Startups that solve the supply-chain and operational challenges of players in the fast-moving consumer goods (FMCG) industry —...

The Fashion Kingdom, an Egyptian fashion e-commerce startup, raises $2.6M in seed funding

Image Credits: The Fashion Kingdom The Fashion Kingdom (TFK), an Egyptian e-commerce marketplace for fashion, beauty and...

Nigeria’s Kwik launches e-commerce solution for African businesses

Kwik, a Nigerian startup known for its on-demand B2B logistics service, has entered the growing e-commerce market in Africa...

MAX partners with Yamaha to expand operations across the continent

Following their recent milestone of 100 million kilometres, Max has announced a partnership with Yamaha’s Nigerian subsidiary,...