LoftyInc Capital Management has announced the first close of $43 million for its LoftyInc Alpha Fund, a late-seed investment vehicle aimed at scaling Africa’s tech startups across key markets, ...

Venture capital (VC) can seem like the ultimate solution for scaling your startup, offering the promise of funding, resources, and growth. However, accepting VC investment isn’t always the best move ...

Most Nigerians want to use high-end smartphones like iPhone and Samsung. However, your bank account shouts and says a big NO to you. What do you do? Well, there are budget phones out there that are ...

Educatly, the Egyptian higher education startup, has announced that it has secured a new funding round of $2.5 million led by TLcom Capital and Plus VC. The round also saw participation from Egypt ...

The removal of two Coca-Cola bottles during a press conference at the European Championship by Christiano Ronaldo has wiped off $4bn Wiped off its market value. The Portugal captain shifted the ...

Samurai Incubate Inc. has officially closed its second Africa fund “Samurai Africa 2nd General Partnership” after successfully having raised 2.026 billion yen ($18.6 million). Since January 2020, the ...

Zeepay, a Ghanaian fintech startup, has acquired a 51 percent stake in Mangwee Mobile Money Zambia. In a private placement, Zeepay and Mangwee agreed to a sale of 51 percent of Mangwee shares to ...

Davido has become the most followed African artist on Instagram after the singer hit 20 million followers. The Omo Baba Olowo (OBO) as he is fondly called has over the years grown to become one of ...

Nigeria’s fast-growing tech ecosystem now features venture capitalist firms that are continuously in search of innovative and scalable startups to back and support. This was not the case in the past ...

Does $200,000 sound like a good investment in your tech-enabled African startup? We are sure your answer is yes! These African startups have just received investment from Madica. You can also join ...

mPharma, the Ghanaian healthtech startup, has raised a $35 million Series D funding. The investment is made up of $30 million in equity and $5 million in debt from CitiBank, bringing the total amount ...

DrugStoc, a Nigerian online pharmaceutical firm, has closed a $4.4 million Series A funding led by Africa HealthCare Master Fund (AAIC). Other investors include Chicago-based venture firm Vested World ...