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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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The End of Secondhand Clothes
A major source of work for women in East Africa is suddenly under threat.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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EIB Global Invests €25 Million in Amethis Fund III to Promote Sustainable Growth of African Businesses
Amethis Fund III will target companies supplying goods and services to low- and middle-income populations in Africa.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Africa CEOForum: Afreximbank Announces a $50 Million Line of Credit for Spiro’s EVs
The loan should enable the start-up, which operates in Rwanda and Togo, among other countries, to expand its electric motorbikes and battery exchange stations.
- Categories
- Transportation
- Region
- Sub-Saharan Africa
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Helios Towers’ Public Listed Bond, Co-anchored by BII, Mobilises Private Capital of Over $700 Million to Support Africa’s Digital Transformation
BII is providing $30m anchor commitment, alongside other anchor investors including IFC, DEG and the Emerging Africa Infrastructure Fund.
- Categories
- Telecommunications
- Region
- Sub-Saharan Africa
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BioNTech Secures $145 Million to Boost mRNA Vaccine Capabilities in Africa
The German biotech will use the funding to enhance the mRNA vaccine research and development capacity of its facility in Kigali, Rwanda.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
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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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