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Kenya To Launch Locally-Made Smartphones

The Kenyan government says the country will unveil its first locally made and affordable smartphones in the next two months to increase the penetration of internet-enabled mobile phones. Eliud Owalo, Kenya’s ICT Cabinet Secretary (CS),…

Altech Group Raises $18m Growth Capital

Altech Group has raised US$18 million in debt financing and grants to continue strengthening its market position and expand access to energy across the country. The group has positively impacted the lives of more than 1.7 million Congolese…

Paymenow secures $14m debt facility

Paymenow has raised a ZAR250 million (US$14 million) debt facility through Rand Merchant Bank (RMB) to help fund its growth. The South Africa-based startup earned wage access platform allows employees to access a percentage of their…

uLesson Secures $15m Series B Investment

uLesson, the leading Nigerian education technology company, today announced it closed a $15M Series-B investment from Nielsen Ventures and Tencent, as well as existing investors, Owl Ventures, TLcom Capital, and Founder Collective. This is…