-
Foxmont Secures $30 Million First Close for Fund III, Anchored by Dutch DFI
With Fund 3, Foxmont welcomes two new institutional investors with the first close.
- Categories
- Finance
- Region
- South Asia
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HAVAÍC Reaches $25 Million Second Close for African Tech Fund
The fund, targeting a final close of $50 million, focuses on early-stage, post-revenue technology startups born in Africa with global potential.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
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W Health Ventures Unveils $70 Million Fund II to Ignite Healthcare Startups
The newly established Fund II aims to support between eight to ten startups over the next four years.
- Categories
- Health Care
- Region
- Asia Pacific
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M-Kopa Lawsuit Alleges Racial Disparity in Employee Equity, Firm Says Claim Is Baseless
". . . if the case proceeds, it could set a precedent for how employee equity is handled and how local courts view the responsibilities of global investors and holding companies operating in the Kenyan market."
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Wave Raises $137 Million in Debt to Expand Mobile Money Services Across Africa
Wave's mobile-first approach, centred on low fees, has helped bring millions of previously unbanked individuals into the formal financial system.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Paymenow Bags $22.4 Million to Expand On-Demand Salary Services Across Africa
The funding, structured under a sustainable finance format, is one of the largest institutional bets to date on the earned wages access (EWA) model in the region.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- financial inclusion, fintech, lending, scale, startups
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The Startups Helping African Countries Capture the Value of Their Mineral Exports
These companies are offering audit trails and compliance platforms, local reagent plants, and data-backed logistics services.
- Categories
- Energy
- Region
- Sub-Saharan Africa
-
MTN Nigeria Enters Cloud Race With Completion of First Phase of $235 Million Data Centre
At the heart of MTN’s strategy is a push to democratise cloud access for startups and local developers.
- Categories
- Telecommunications
- Region
- Sub-Saharan Africa
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