The Next Narrative Africa Fund, a $40 million initiative, has been launched to support African filmmakers. The fund, created by Nigeria’s Next Narrative Africa and… Read More »Next Narrative Africa Fund Launches $40 Million to Support African Filmmakers
Afreximbank has signed a $100-million Trade Finance Facilitation Facility (AFTRAF) agreement with National Bank of Malawi (NBM) Plc. This is the largest AFTRAF deal in… Read More »Afreximbank and National Bank of Malawi Sign $100M Trade Finance Agreement
Ovidiu Bujorean, a leader in fostering social change through entrepreneurship, has been named in the prestigious Marquis Who’s Who. He is recognized for his contributions… Read More »Ovidiu Bujorean, MPA, MBA Celebrated for Dedication to Building Impactful Ventures
TechCrunch has announced the 2024 edition of Startup Battlefield 200, featuring top early-stage startups from around the world. Among the finalists are eight African startups—seven… Read More »Eight African Startups Compete in TechCrunch’s 2024 Startup Battlefield 200
FlapKap, a fintech platform based in Abu Dhabi and Egypt, has raised $34 million in a pre-Series A funding round. The funding round, nearly two… Read More »FlapKap Raises $34 Million to Boost SME Financing in MENA Region
VC4A and the African Business Angel Network (ABAN) will co-host the 11th Africa Early Stage Investor Summit (#AESIS2024) on November 28-29, 2024, in Cape Town.… Read More »VC4A and ABAN to Host Africa Early Stage Investor Summit 2024 in Cape Town
Chpter, a Kenyan startup specializing in conversational commerce, has raised $1.2 million in a pre-seed funding round. The funding round was led by Ken Njoroge,… Read More »Chpter Raises $1.2M to Boost Social Commerce in Africa
The African Export-Import Bank (Afreximbank) is set to double its financing for intra-African trade, increasing it from $20 billion in 2021 to $40 billion by… Read More »Afreximbank to Double Intra-African Trade Financing to $40 Billion by 2026
The African Development Bank (AfDB) Group has approved a $40 million transaction guarantee facility for Dashen Bank in Ethiopia. This facility aims to support Dashen… Read More »AfDB Approves $40 Million Guarantee Facility to Boost Dashen Bank’s Trade Finance in Ethiopia
Meta has introduced the Llama 3.1 Impact Grants that aims to support innovative open-source AI projects addressing global challenges. This program builds on previous successful… Read More »Meta Launches Llama 3.1 Impact Grants for AI Solutions