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Agro-Industrial Hubs in Nigeria to Get $2.2 Billion From African Development Bank
The SAPZ aims to boost food security and unlock economic opportunities for businesses, particularly small and medium enterprises (SMEs) in the agricultural sector.
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
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Chinese Retailer Temu Storms Nigeria
Temu has developed a reputation for being a retailer with cheap consumer wares that are quickly delivered, often drawing comparisons with Chinese fast fashion rival Shein.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- corporations, e-commerce
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PBR Life Sciences Raises $1 Million Pre-seed to Expand AI-Powered Healthcare Data Platforms Across Africa
Previously targeting 1000 pharmacies in Nigeria, PBR will use this new funding to expand its AI-driven health data solutions in Ghana and Kenya.
- Categories
- Health Care, Technology
- Region
- Sub-Saharan Africa
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Juicyway Steps Out of Stealth with $3 Million to Simplify Cross-Border Transactions in Africa
P1 Ventures backs startup as it launches efficient currency exchange using stablecoin technology for individuals and businesses to participate fully in the global economy.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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African Union Gains $45 Million Package to Boost Vaccine Manufacturing in Senegal
The funding will expand the capacity of Senegal’s Institut Pasteur de Dakar (IPD) to produce shots at its vaccine manufacturing hub MADIBA.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
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South Africa Fintech Sourcefin Raises $8.2 Million Funding From Futuregrowth to Boost Access to SME Finance
Sourcefin is a South African fintech and alternative funding provider.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- fintech, MSMEs, venture capital
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Tech Firm Acquires Rigo Microfinance Bank
The takeover is expected to strengthen NucleusIS Africa’s ability to deliver healthcare financing services across the continent.
- Categories
- Finance, Health Care
- Region
- Sub-Saharan Africa
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HUB2 Banks $8.5 Million to Become the ‘Stripe for Francophone Africa’
Today, HUB2 operates as the backbone for 55 fintechs across French-speaking Africa.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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