What’s this about? Africa Data Centres has secured ZAR 2 billion in funding from RMB to expand its data centre capacity and meet the rising demand for cloud computing services…
What’s this about? WIOCC Group is set to raise over $50 million from international institutions, including IFC, Proparco, and RMB Corvest, to enhance digital infrastructure in Nigeria, South Africa, and…
What’s this about? Immobazyme, a South African biotechnology start-up from Stellenbosch University, secured $1.3 million (R24.5 million) to double its facility size and expand production capabilities. The company, founded in…
What’s this about? Downforce Technologies, a climate tech startup based in London, has raised $4.2 million to develop soil fertility measurement tools for Africa and expand its market presence. The…
What’s this about? Paris-based VC Breega has launched its first African fund, “Breega Africa Seed I,” with $75 million to invest in early-stage startups across several African countries, focusing on…
What’s this about? The Finnish Government has announced 12 million Euros in funding to TradeMark Africa (TMA) to reduce the time and cost of cross-border trade and support inclusive, clean,…
What’s this about? Ukheshe has rebranded to EFT Corporation to consolidate its digital solutions and expand its presence across Africa and beyond. The rebrand follows Ukheshe’s acquisition of EFT Corporation…
What’s this about? Brass’s takeover by a group of investors led to a restructuring that resulted in layoffs for 16 furloughed employees and offered remaining staff the choice to resign…
What’s this about? Egyptian pharmaceutical distribution startup i’SUPPLY has raised a pre-Series A funding round, bringing its total funding to $2.5 million since its inception in 2022. i’SUPPLY’s tech-enabled platform…
What’s this about? Access Bank has acquired African Banking Corporation of Tanzania (ABCT) Limited, enhancing its East African presence and furthering its continent-wide expansion. The acquisition aims to strengthen Access…
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