D.light, a worldwide supplier of household products and accessible finance for low-income families, unveiled a $30 million securitization arrangement, empowering the acquisition of receivable assets… Read More »D.light Secures $30 Million Funding to Expand Pay-Go Finance in Tanzania
MFS Africa, a financial services provider, and the largest mobile money hub in Africa has joined the ranks of African Hidden Champions (AHC). What’s more,… Read More »MFS Africa Joins Africa Hidden Champions
Termii and Truecaller have partnered to transform business communication throughout the African continent. Temii is a prominent customer engagement platform in Africa, and Truecaller is… Read More »Termii, Truecaller Join Forces to Transform Business Communication in Africa
The governments of the United States and the United Republic of Tanzania have introduced a fresh food security initiative called “Tuhifadhi Chakula” which translates to… Read More »US, Tanzania Launch $24M Initiative to Boost Food Security
The African Development Bank Group (AfDB) has signed an agreement with the transitional government in Guinea for a $28 million loan to support projects in… Read More »Guinea’s Transitional government, AfDB Sign $28 million Loan Agreement for Development
The African Export-Import Bank (Afreximbank) and international consultants Development Reimagined (DR) have partnered to facilitate the introduction and successful marketing of premium sustainable African brands… Read More »Afreximbank, Development Reimagined Partner to Promote Sustainable African Brands in China
Talent Arena, an AI-assisted hiring engine, has raised $750,000 in pre-seed funding in a round led by Cairo-based venture capital fund, UI Investments, alongside a… Read More »Egypt’s Talent Arena Raises $750K, Plans to Enter Middle East
Knife Capital (Knife Cap), a South African-based venture capital fund, has announced the closure of its $50 million fund. The fund named Knife Capital Three… Read More »South Africa’s Knife Cap Closes $50 Million Fund
Japan plans to team up with Zambia, DRC and Namibia to develop supply chains for cobalt in making electric vehicle batteries (EV Batteries). Yasutoshi Nishimura,… Read More »Japan Teams Up with 3 African Countries for EV Batteries
Two months after Uganda’s President Yoweri Museveni signed the controversial Anti-Homosexuality Bill into law, the World Bank has announced suspension of funding to the East… Read More »World Bank Suspends Funding to Uganda