According to reporting by BusinessDay, Africa’s most valuable company by market capitalisation, Naspers, has shut down its venture capital fund Naspers Foundry in an effort
South African cell captive insurance provider Guardrisk is looking for innovative insurtech startups to back via its ZAR50 million (US$2.8 million) LAUNCHPAD initiative. Guardrisk, a
Bolt, the leading mobility app in Africa, has announced plans to invest €500 million in its operations on the continent over the next two years.
The African tech startup scene is flourishing with innovative ventures and promising growth, attracting more and more investors from around the world. According to recent
African gaming platforms are reporting increased investment activity, signaling investor confidence in Africa’s growing reputation as a market for the gaming industry. South African gaming
Convergence Partners, a private equity investment firm focused on the technology sector across sub-Saharan Africa, has secured Convergence Partners Digital Infrastructure Fund (CPDIF) at $296
Africa could soon get a new spaceport after Djibouti signed a partnership deal with Hong Kong Aerospace Technology to build a facility to launch satellites
Gebeya Inc., a SaaS-enabled Talent Marketplace headquartered in Addis Ababa, Ethiopia, with offices in Kenya and Senegal has announced a Pre-Series A Equity Investment from Inclusion
Dangote’s 650,000 barrels per day (bpd) oil refinery being built in Nigeria is due to begin production by the fourth quarter of 2022, group executive
Nigeria’s 614km gas pipeline that is under construction will start operating during the first quarter of next year, which would help boost electricity supply, head
