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Planet42 Raises $100m Funding Round

Planet42 has raised US$100 million in combined equity and debt funding to help it accelerate its expansion. The US$15 million equity round was co-led by Naspers and ARS Holdings, with participation from existing and new shareholders,…

Kwara Raises $3m Seed Extension Round

Kwara has raised a US$3 million seed extension round that takes the company’s total funding to US$7 million. Investors in Kwara’s latest round of funding include existing backers DOB Equity, Globivest and the founder of Kobalt Music. New…

Cairo Angels Rebrands

Cairo Angels have rebranded as the acasia group to better reflect its new strategy, which also incorporates later-stage and pan-African investments. It embarked on a new strategy with its Cairo Angels Syndicate Fund, which invests at…