What’s this about? Tanzania’s Amsons Group has made a $182.89 million offer to acquire a 100% stake in Kenya’s Bamburi Cement from the Swiss multinational Holcim, potentially delisting the company…
What’s this about? Egyptian online educational platform El Kheta has secured $400,000 in funding from EdVentures, the investment arm of Nahdet Misr Group and the Middle East’s first ed-tech-focused venture…
What’s this about? Innovate Africa has launched a $2.5 million angel investment fund to support up to 20 early-stage African startups, aiming to address insecurity, unemployment, and poverty through technological…
What’s this about? Pumpkn, a South African startup providing financial support to agribusinesses through data-driven credit assessments, secured funding from Renew Capital to bridge the agricultural financing gap. Pumpkn’s platform…
What’s this about? Zuri, a Kigali-based beauty startup, secured funding from Renew Capital to enhance its distribution of high-end beauty products and services across Africa and Europe. Established in 2016,…
What’s this about? Zedcrest has acquired RMB Nigeria Stockbrokers Ltd for between ₦400 million and ₦420 million to expand its services and provide clients access to Nigeria’s equity market, which…
What’s this about? NCBA Group PLC has acquired 100% of AIG Kenya Insurance Company Limited to strengthen its position in the financial services industry. The acquisition aims to enhance customer…
What’s this about? Cadana, a fintech startup focused on emerging markets, has secured $7.1 million in seed funding led by Costanoa Ventures to enhance remittance and payroll services for African…
What’s this about? Egypt’s Connect Money, a fintech company specializing in embedded finance, has secured $8 million in seed funding to launch five new business verticals. The company offers a…
What’s this about? Launch Africa Ventures has invested $4.3 million in 16 startups across 11 African countries as part of its second fund. The firm, founded in July 2020, closed…
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