Canal+ Sets Sights on MultiChoice in $1.7 Billion Acquisition Bid
Canal+ remains optimistic, stating that a partnership with MultiChoice would lead to success and ensure a solid future for the company.
MTN Group Pledges $215 Million Investment in Benin’s Infrastructure Following Successful 5G Trial
CEO Mupita emphasised MTN's mission to be a positive force in every market it operates, providing hope, dignity, and opportunity.
Bboxx Sparks Change: Relocates Headquarters to Rwanda in Bold Africa-First Move
With a focus on becoming one of the world's largest next-gen utility firms, the move to Kigali solidifies its position in Africa.
AfriLabs Unveils Connect Deal Room, Elevating Local Investment Opportunities
At the 2023 Annual Gathering event, AfriLabs introduced the ACDR, a platform designed to simplify the investment process.
ProXalys, Senegalese Startup, Raises $500,000 to Expand and Enhance Services
The platform, known as an online marketplace for agricultural products, enables merchants to benefit from deferred payments and assured transactions.
Apollo Agriculture Raises $10M for African Expansion, Building on $40M Series B Success
The additional funding will help Apollo extend its presence throughout Kenya, providing more farmers with financial support and essential digital tools.
Sony’s $10M Africa Fund Takes First Leap with Investment in Gaming Startup
The collaboration aims to leverage Carry1st's regional expertise and Sony's gaming prowess for mutual growth.
OfferZen Secures $4.3M Funding and Revamps Business Model in South Africa
Acknowledging the challenges faced by its customers in 2023, OfferZen introduces a fixed-fee unlimited hiring subscription alongside its traditional per-hire charge.
Y Combinator Invests in Three African Startups for 2024 Winter Cohort
It's noteworthy that YC has limited its investment to a maximum of three startups in this batch, a change possibly initiated since the 2023 winter batch.
African Startups Reportedly Raised $3.191 Billion in 2023, Signalling Decline.
In 2023, African startups faced a funding challenge, securing $3.191 billion, a significant drop compared to previous years.