-
Nigerian Data and Intelligence Company Stears Raises $3.3 Million, Backed by Mac VC and Serena Ventures
The company plans to use the investment to enhance its data collection and analytics capabilities, hire data scientists, data analysts and sector analysts.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- business development, data
-
Tugende Closes Pre-series B Funding Raising a Total $10 Million in Equity and Debt Transactions
Fintech platform for MSME credit and asset-financing in East Africa, Tugende has closed a pre-Series B equity funding.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
-
Safaricom Gets Approval to Launch M-Pesa in Ethiopia
M-Pesa, the Kenyan mobile money service success story that began in 2007, is continuing its expansion, this time into Ethiopia.
- Categories
- Finance, Telecommunications
- Region
- Sub-Saharan Africa
-
Solar Player Orb Energy Secures Additional USD $20 Million Loan From United States International Development Finance Corporation
This loan will also create additional jobs and cut energy costs for businesses, boosting economic growth in a sector that is key to the countrys development goals.
- Categories
- Energy
- Region
- Sub-Saharan Africa
-
8B Education Investments Launches $111 Million Initiative to Finance African Student Education
8B Education Investments announced a partnership with Nelnet Bank to originate $30 million of loans over three years.
- Categories
- Education
- Region
- Sub-Saharan Africa
-
Africa’s Venture Funding to Hit $7 Billion in 2022
If the continent continues to defy the global harsh microeconomics till the end of this year, it might end up closing the year at $7 billion.
- Categories
- Investing
- Region
- Sub-Saharan Africa
-
Google Picks South Africa for Its First Cloud Region in Africa
Google said it is also building Dedicated Cloud Interconnect sites, which link users’ on-premises networks with Google’s grid.
- Categories
- Technology
- Region
- Sub-Saharan Africa
-
Energy Infrastructure Firms to Scale Mini-Grid Model in Democratic Republic of the Congo and Rwanda
The project will see the companies co-develop four new mini-grids and four agri-processing hubs on Idjwi Island, DRC, followed by a further four solar mini-grids and three APHs in south-east Rwanda.
- Categories
- Agriculture, Energy
- Region
- Sub-Saharan Africa
- Tags
- infrastructure, scale, SDGs
Subscribe to Our Weekly Newsletter, "NextBillion Notes"
Published each Wednesday, our e-newsletter features NextBillion's latest original articles, along with a selection of news, jobs, bizdev opportunities and events from our recent coverage — and regular conference ticket giveaways.
We respect your privacy. Your information is safe and will never be shared.
Don't miss out. Subscribe today.