Business
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AgricultureBusiness
ARAF Raises $90 Million to Expand Climate-Resilient Agriculture Investments Across Africa
The Acumen Resilient Agriculture Fund (ARAF) has secured an additional $90 million in committed capital to expand investments in climate-resilient agribusinesses across Africa....
BusinessZimbabwe
Ruka Hair Becomes First Hair Extensions Brand in Sephora in More Than 20 Years
Black-owned beauty technology company Ruka Hair has secured a landmark retail partnership with Sephora North America, becoming the first hair extensions brand to...
BusinessSouth Africa
Cue Raises New Funding to Expand AI-Powered Customer Service Platform
AI-powered customer service platform Cue has raised $5 million in a primary funding round that will help the company expand its technology, enter...
BusinessEgypt
Kuadra Secures Funding to Launch AI Platform for Egypt’s Construction Industry
Artificial intelligence is set to play a bigger role in Egypt’s construction industry following a new investment in construction technology startup Kuadra. Backed...
Business
Raxio Expands Investment as Demand for African Data Centres Surges
Raxio Group has secured additional equity from existing shareholders Meridiam and Roha, increasing its committed capital to more than US$380 million as the...
BusinessSouth Africa
E Squared Investments Backs Old Mutual Private Equity Fund VI to Drive South African Economic Growth
Old Mutual Private Equity (OMPE) has secured a strategic investment from E Squared Investments for its Fund VI, strengthening its capacity to back...
BusinessEgypt
Erada Finance and Saib Bank Sign EGP300M Agreement to Support Egyptian MSMEs
Erada Finance has signed a EGP 300 million medium-term financing agreement with Société Arabe Internationale de Banque (saib). This funding will directly expand...
Burkina FasoBusiness
AFC Disburses First Tranche of $300M Loan to Tackle Burkina Faso’s Energy Gap
The Africa Finance Corporation (AFC) has reached financial close on a funding agreement to develop Burkina Faso’s largest power plant, a major move...
