Month: December 2022
117 posts
Mobility Fintech Company Moove Gets $30 Million to Grow in the MENA Region.
For Moove, which is constructing the largest EV ride-hailing fleet in the MENA area beginning with the UAE,…
December 19, 2022
GIIG Africa Fund agrees to provide seed funding to ScarabTech.
Following a seed fundraising round from GIIG Africa Fund, a “profit and purpose” fund, clean Tech startup ScarabTech…
December 19, 2022
This solar energy startup has received a $70 million investment to extend its goods throughout Africa and Asia.
Sun King, a pan-African producer of solar energy, has acquired a $70 million equity investment from LeapFrog Investments.…
December 19, 2022
Owoafara, a Nigerian finance startup, received funding from ShEquity.
ShEquity, an investment company, focused on women, gave funds to the Nigerian fintech startup Owoafara. Owoafara offers digital…
December 19, 2022
MyHealth Africa, an e-health startup in Kenya, has raised $1 million in seed funding.
MyHealth Africa, a Kenyan-based e-health startup, has raised a $1 million seed round to help it expand. The…
December 19, 2022
MTN has successfully installed a subsea cable in South Africa, which aims to improve internet access across Africa.
MTN South Africa and MTN GlobalConnect, in conjunction with a consortium, have successfully landed a subsea cable that…
December 19, 2022
The central bank of Brazil will launch its digital currency in 2024.
President of the Brazilian Central Bank Roberto Campos Neto has announced that the introduction of Brazil’s digital currency…
December 19, 2022
Ubongo, an edtech startup based in Tanzania, has received $27.8 million grant from the LEGO Foundation.
Ubongo, an African edtech startup, is one of the five recipients of the Lego Foundation’s global Build a…
December 19, 2022
Visa plans to invest $1 billion in Africa over the next five years to capitalize on the continent’s rising e-payments market.
Over the next five years, Visa will spend $1 billion in Africa in an effort to cash in…
December 19, 2022
Nelly Cheboi, a Kenyan tech pioneer, has been named CNN Hero of the Year.
Nelly Cheboi, the CNN Hero of the Year for 2022, reinvents outdated computer devices to provide young Kenyans access…
December 19, 2022