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Mutumwa Mawere: The Zimbabwean industrialist who dared to build at scale
When Mutumwa Mawere walked away from a rising career at the World Bank in 1995, Africa was not yet fashionable in global investment...
ReparTrust Raises $750,000 to Modernize Post-Accident Auto Repairs in Emerging Markets
ReparTrust has secured $750,000 in pre-seed funding to bring structure, transparency and speed to post-accident auto repairs across emerging markets. The round was...
AXA Egypt Unifies Its Operations Under ONE AXA Governance Model
AXA has announced a major step in its Egypt operations by bringing all its local entities under one unified governance model known as...
Startup Discovery Africa Unveils Cohort Backing African Founders Building Climate and Agri Businesses
This week, Startup Discovery Africa formally launched its Venture Builder Program Cohort, a hands-on initiative aimed at early-stage African founders operating across climate,...
NALA and Noah Launch Instant Stablecoin Settlement Network for Emerging Markets
NALA and Noah have launched a new instant stablecoin settlement network designed to make cross border payments faster, cheaper and more reliable for...
Impact Fund Denmark Backs African Entrepreneurs with $15 Million Investment in Verdant Capital Hybrid Fund
Africa’s small business ecosystem is set to receive a major boost as Impact Fund Denmark announced a USD 15 million (approx. DKK 96...
Flend and Khazenly Partner to Unlock Faster Digital Financing for Egypt’s E-Commerce Merchants
Access to working capital remains one of the biggest challenges facing e-commerce businesses in Egypt, especially for small and medium-sized merchants trying to...
Africa’s Social Entrepreneurs Take Centre Stage in Miller Center’s New Global Accelerator Cohort
The Miller Center for Global Impact has announced a new cohort of social entrepreneurs for its flagship Accelerator programme, bringing together founders whose...
Africa’s Venture Debt Surge Crosses $1.6bn as Startup Funding Shifts
Africa’s startup funding market is changing shape quietly, structurally and with long-term consequences for who gets to build the continent’s next generation of...
mylo’s New EGP 1.76 Billion Bond Signals Strong Growth for Egypt’s Digital Finance Sector
mylo, the fast growing fintech company born out of B.TECH, has completed its second securitization bond issuance worth EGP 1.76 billion (US$37.2 million)...
Valu Secures License to Launch Financial Services in Jordan
Egyptian fintech company Valu is set to launch its financial service platform in Jordan, after receiving final approval from the Central Bank of...
$11 Billion Boost for African Innovation and Infrastructure Projects
By any measure, the numbers are striking. Against a backdrop of shrinking aid budgets, tighter fiscal policy in advanced economies and rising geopolitical...
GoLemon and Chowdeck Sign Exclusive Grocery Delivery Deal in Nigeria
GoLemon and Chowdeck have announced an exclusive grocery delivery partnership that is expected to improve how Nigerians access groceries online. The collaboration brings...
MNZL’s Digital Licenses Set a New Path for Accessible Asset-Backed Finance in Egypt
For many Egyptian families owning a home or a car does not always mean having access to finance. Valuable assets often sit unused...
VOLZ Raises $5 Million in a Landmark Funding Round for Algeria
VOLZ has secured nearly $5 million in Series A funding, a deal that stands out not only for its size but for what...
At 20, Noor Ruhomally Is Engineering Mauritius’ Next Multi-Brand Business Empire
In an era defined by rapid shifts in global consumer behaviour and the resurgence of founder-led brands, one young Mauritian entrepreneur is constructing...
EDI’s New Collaborations Set to Drive Enterprise Growth Across Ethiopia
The Entrepreneurship Development Institute has entered a new chapter of collaboration through two major partnerships that are set to create real opportunities for...
Africa’s Innovation Ambition Sharpens as Timbuktoo Expands its UniPod Network
Africa’s entrepreneurial engine is shifting into a higher gear. Timbuktoo, an initiative redefining how the continent nurtures innovation, has confirmed a major expansion...
FinClub Launches Mauritius’ First Regulated P2P Lending Platform
Mauritius continues to build a financial landscape that supports both innovation and inclusion through the launch of FinClub’s regulated peer to peer institutional...
VC4A Awards Spotlight the Angels, VCs and Networks Driving Africa’s Startup Boom
Africa’s early-stage investment ecosystem took centre stage last week as VC4A and the African Business Angel Network (ABAN) convened the Africa Early Stage...
Bluworks Accelerates Growth with $1 Million Funding
The latest $1 million seed investment in bluworks signals growing confidence in technology solutions built for Egypt’s blue-collar workforce. As many employers continue...
Spain Invests $10 Million in African Climate and Impact Fund
Spain is investing $10 million in Novastar Ventures’ Africa People and Planet Fund III, a move that demonstrates growing confidence in African entrepreneurs...
Clean Energy, Fintech and AI Lead Africa’s November Startup Boom
The African startup ecosystem is entering an inflection point. Recent data points to a powerful rebound but also a structural shift in how...
Modernising Payments in Seychelles: Fusepay Launches with First Transaction
Fusepay has officially launched in Seychelles with its first live business transaction completed on November 19. The launch marks an important moment for...
New Funding Call Set to Support Sustainable and High-Growth Startups in East Africa
The latest develoPPP Ventures funding call is now open, offering early-growth startups in Kenya, Tanzania and Rwanda a clear chance to scale their...
Zimbabwe’s Top Companies Survey 2025 Closes With a Call for Africa-Led Innovation
Old Mutual Zimbabwe closed the curtain on the Top Companies Survey 2025 with a ceremony that felt less like an awards event and...
Milken-Motsepe Prize Finalists Set to Shape the Future of AI and Manufacturing in Africa
The Milken Institute and the Motsepe Foundation announced the ten finalists who will advance to the semifinalist phase of the Milken-Motsepe Prize in...
Swedfund Invests $10m in Solar Saver to Boost SME Energy in Southern Africa
Swedfund, Sweden’s state-owned development finance institution, has committed $10 million to Solar Saver in a move set to reshape the energy landscape for...
Conoil, TotalEnergies Partnership to Boost Entrepreneurs in Nigeria’s Oil and Gas Sector
The recent partnership between Conoil PLC Producing Limited and TotalEnergies marks a significant milestone in Nigeria’s oil and gas industry. Signed in Paris...
Black Mamba’s $124K Crowdfund: How Eswatini’s Fiery Export Is Attracting Global Foodies and Impact Investors
When Claudia Castellanos left Colombia in search of purpose, she didn’t expect to find it simmering in a pot of hot sauce in...
Driving Change: Roam’s New Campaign Puts Investors at the Heart of Africa’s EV Transition
Roam, a Nairobi-based electric mobility company, has launched its first equity crowdfunding campaign on Crowdcube, inviting private investors worldwide to take part in...
Investment Readiness Programme to Accelerate Tanzania’s Circular Economy Growth
Enabel has launched a final call for applications for its investment readiness and acceleration programme targeting Tanzania’s leading green and circular economy firms....
Angola’s Anda Secures €3 Million Seed Round in Landmark Venture Funding Deal
In a landmark move for the African tech sector, Angolan mobility‐startup Anda has closed a €3 million seed funding round, co-led by French...
CashPlus IPO Marks a New Era for Morocco’s Capital Market and Financial Inclusion
CashPlus, one of Morocco’s biggest financial services companies, has received the green light to launch an initial public offering (IPO) on the Casablanca...
ORA Technologies Expands Its Reach with the Acquisition of CATHEDIS
ORA Technologies has announced the acquisition of CATHEDIS, one of Morocco’s leading logistics companies, in partnership with Azur Innovation Management. The deal was...
New eQUB–RVO Partnership Powers Inclusive Climate Action in Ethiopia
A new partnership between Ethiopian fintech platform eQUB and the Netherlands Enterprise Agency (RVO) is set to drive inclusive climate action by improving...
Cassava Technologies Secures Strategic Investment from NVIDIA
In a landmark move underscoring Africa’s growing influence in global digital transformation, Cassava Technologies, a global technology group of African heritage, has announced...
New EBRD Loan Set to Drive Growth for Youth-Owned MSMEs in Egypt
Fawry MSME Finance has received an EGP 250 million ($5.2 million) loan from the European Bank for Reconstruction and Development (EBRD) to support...
Digital and Green Innovation Programme to Boost Startups in Kenya, Ethiopia and Uganda
A new regional initiative is giving African startups the support they need to build sustainable solutions for the future. The Digital and Green...
Africa’s Startup Scene Hits New Heights with Solar, Agri-Tech and Fintech Leaders
Each year, the Norrsken Foundation curates a list of the world’s most promising early-stage startups, identifying ventures with the potential to solve some...
GOMYCODE and Chari Join Forces to Power Morocco’s Digital Future
GOMYCODE, a leading pan-African digital and technology education platform, has partnered with Moroccan B2B e-commerce startup Chari to strengthen digital capabilities within Morocco’s...
Madica Fuels African Startup Growth with $400K Investment
Africa-focused early-stage investment firm Madica has announced new investments worth $400,000 in two artificial intelligence startups, Hypeo AI from Morocco and Anavid from...
Ghala Secures New Funding to Expand WhatsApp Commerce Across East Africa
Ghala, a Tanzanian startup that helps small businesses manage their operations directly through WhatsApp, has secured new funding that is set to expand...
FUNGUO’s Expanded Fund Brings New Hope for Tanzanian Startups
Tanzania’s startup ecosystem has received a strong boost as the FUNGUO Innovation Programme expands its catalytic funding pool to TZS 6.5 billion or...
How Jahazii Will Use $400,000 in New Funding to Empower Africa’s Workforce
Nairobi-based fintech startup Jahazii has raised $400,000 in pre-seed funding to build what it calls an “operating system” for Africa’s workforce. The funding...
Bahrain Hosts 10th MENA Angel Investors Summit to Boost Startups
On November 19, Bahrain will once again take the spotlight in the regional startup scene as it hosts the 10th Middle East and...
How Somalia’s EAC Membership Opens Doors for Business Growth
Somali entrepreneurs are increasingly looking toward the East African Community (EAC) as a gateway to regional growth, two years after Somalia officially joined...
Scaling Africa’s Startups: Inside Endeavor Kenya’s New Cohort Program
Endeavor Kenya has kicked off the third edition of its Scale Up program, an initiative aimed at helping growth-stage founders overcome common scaling...
Ally Awadh Expands Regional Energy Reach with Kenya’s New LPG Terminal
Tanzanian businessman Ally Awadh has made a significant move into Kenya’s energy sector through Lake Gas, a company under his Lake Group. With...
Egypt Expands Opportunities for Entrepreneurs Through New Industrial Complexes
As part of its continued drive to strengthen Egypt’s manufacturing base, the Ministry of Industry and Transport has opened applications for 386 industrial...
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