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LAfricaMobile Secures $4.6 Million in Series A Funding to Expand Cloud Communication Platform in Africa
LAfricaMobile plans to leverage the funds to propel its growth across Central Africa and further enhance its product offerings.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
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Analysis: How Careem Went From Pakistan’s Ride-Hailing Leader to Stuck on the Sidelines
After falling from dominance, Careem is experimenting — from corporate rides to price bidding — to maintain its presence in Pakistan.
- Categories
- Technology, Transportation
- Region
- North Africa & Near East
- Tags
- gig economy, startups
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Orca Secures $550,000 in Pre-seed Funding to Combat Financial Fraud in Emerging Markets
Orca is an innovative South African startup dedicated to combating fraud in emerging markets.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Morocco-Based Agritech Yola Fresh Secures $7 Million to Expand Its Logistics Network
YoLa aims to become a leading player in Africa’s agritech revolution, tackling food security challenges and fostering economic growth across the continent.
- Categories
- Agriculture, Technology
- Region
- Sub-Saharan Africa
- Tags
- agtech, food security, supply chains
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Paystack-Led Consortium Acquires Brass, Replaces CEO
The acquisition ends months of uncertainty over the future of Brass after delays in processing customer withdrawals began in October 2023.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- digital finance, fintech, startups
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Sefa Finances $8 Million for Productive Use of Off-Grid Solar in Ethiopia
The funding will support a pilot project “to test the commercial viability and effectiveness of a business model integrating mini-grids with agro-industrial operations at nine sites in Ethiopia”, says the AfDB.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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Mastercard Accelerates Commitment to Digital Transformation in Africa
The new alliance aims to enable digital access for 100 million individuals and businesses in Africa over next decade.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Press Release: d.light and Orange Partner to Open up Access to Off-Grid Solar Energy in Africa
d.light and global telecom operator Orange’s energy business unit Orange Energies sign a strategic partnership to sell d.light solar home products and systems in 11 African countries.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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