Partech’s Second Africa Fund Closes at $323 Million, Grows Team and Investments
Partech Africa II plans to double down on its investment strategy across the continent, with ticket sizes ranging from $1 million to $15 million for seed to Series C rounds.
Jetstream Africa Launches AI Platform to Transform Cross-Border Trade
Jetvision.ai promises to spur growth, enhance profitability, and speed up the movement of goods across African borders.
X (formerly Twitter) Resolves Dispute: Pays Former Ghanaian Employees After 14 Months
This resolution brings relief after months of stress and financial hardship for these individuals.
Nigerian Fintech, Mamamoni, Gets €200K Boost from CFYE
Mamamoni, founded in 2014 by Nkem Okocha, aims to empower low-income women in Nigeria financially.
CBN Mandates Electronic Travel Payments, Bans Cash Transactions
Everyone, including banks and regular people, has to follow this new rule: no more cash for PTA/BTA.
9 African Climate Startups Receive $1.8M Boost from Catalyst Fund
The nine startups are Mazao Hub, Medikea, Earthbond, Zebra Cropbank, Scrapays , Keep It Cool, NoorNation, Thola and Tolbi.
Nigerian Clean Energy Startup Arnergy Raises $3 Million to Speed Up Adoption
This boost in funds will allow them to expand their efforts across the country.
Kenyan Music Platform Mdundo Set to Pay Artists $1.5 Million in Unprecedented Payout
Around 156,000 artists from Kenya, Tanzania, Nigeria, South Africa, Uganda, and Ghana are expected to benefit from this unprecedented payout, which ranges between $1.2 million and $1.5 million.
IHS Cameroon Launches Tower Kiosk Initiative to Connect Rural Communities
The Prime Minister praised the initiative, stating it comes at a crucial time as efforts are made to resolve conflicts and restore peace in the regions.
Moove Raises $10 Million to Expand Operations in India
Moove, founded in 2020, offers vehicle financing for transportation businesses using alternative credit sourcing technology.