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InstaDeep has been acquired by German biotech company BioNTech SE in a deal that could eventually be worth US$684m to its shareholders. Powered by high-performance computing and outstanding research and development breakthroughs,…

Catalyst Fund has announced a US$2 million investment into 10 startups building solutions to improve the resilience of climate-vulnerable communities in Africa. Catalyst Fund partners with mission-driven founders that share its vision of…

Khazenly has raised a US$2.5 million seed funding round to drive product development and quadruple its facilities. Founded in mid-2021 by Mohamed Younes, Osama Aljammali, Mohamed Montasser, and Ahmed Dewidar, Khazenly The startup’s…

Flutterwave, Africa’s leading payments technology company, has gained approval from the Bank of Tanzania (BoT) to launch its seamless payment service in the Republic of Tanzania. The approval comes after the Bank of Tanzania conducted due…

OneOrder has announced its launch and the successful completion of a US$1 million fundraise. The startup’s platform allows Egyptian restaurants to buy all their needs from one application. There are similar restaurant supply chain…

Nawy said it has raised a US$5 million seed funding round to help it expand across the region. Nawy has helped over 60,000 individuals locate homes, and sold over US$200 million worth of properties, and it is now targeting further growth…

TradeDepot said it has raised US$110 million in an equity and debt Series B funding round to support the delivery of buy-now-pay-later services to five million SME retailers and drive further expansion of its merchant platform across the…