Cairo-based VC firm Foundation Ventures has announced the successful first close of its US$25 million fund, “FVFII”, which it said…
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The GSMA Innovation Fund is offering grants of up to GBP250,000 (US$310,000) and tailored venture-building support for enterprises using AI…
Nigerian fintech startup LemFi has received approval from the Central Bank of Ireland to acquire Buttercrane, an Irish currency exchange…
Egyptian startup Simplex, which specialises in computer numerical control (CNC) machine manufacturing, has raised US$13 million to build a huge…
Nigeria-founded mobility fintech company Moove, which democratises access to vehicle ownership for mobility entrepreneurs, has acquired Brazilian mobility venture of…
Nigerian fintech startup Accrue, which is working on revolutionising cross-border payments in Africa, has secured US$1.58 million in seed funding…
French development finance agency Proparco has made a EUR10 million (US$10.4 million) investment in the latest fund dedicated to small…
Stocks & Strauss Fund Manager has announced the University Technology Fund II (UTF II), which achieved a major milestone in…
South Africa’s NjiaPay, a payments-as-a-service provider solving the complexities of payments for African businesses, has closed an oversubscribed US$1 million…
Egypt’s Fincart, a platform that helps e-commerce SMBs improve shipping and unlock working capital, has closed an undisclosed pre-seed round…