Through its wide network across 47 African countries and beyond, AGL aims to be at the forefront of technological transformations in the continent’s logistics space.

The round was led by Equitane (formerly known as the Africa Transformation and Industrialization Fund: ATIF), alongside contributions from Morgan Stanley Inclusive Ventures Lab, Silverbacks Holdings, and a network of angel investors.

The timing of GoMyCode’s transition into an accredited university comes as the global education sector faces increasing uncertainty due to advances in artificial intelligence (AI).

Global Ventures has previously made notable investments in a variety of African startups, including Kenya's Ilara Health, Egypt's Paymob, Nigeria's Moniepoint. Others include Helium Health, Metro Africa Xpress Inc. (MAX), Elmenus…

The $700,000 in pre-seed funding will allow Scale to accelerate its market entry into three African nations, where the company aims to enable fintechs and other businesses to offer payment solutions that are otherwise challenging to deploy.

Lesaka’s acquisition of Adumo was valued at approximately ZAR 1.67 billion ($96.2 million).

The Digital Nomad Work Permit promises remote workers from across the globe the opportunity to live and work in Kenya.

The fund aims to deploy capital to at least 50 early-stage start-ups over its investment period, with a specific focus on technology and innovation.

Since its launch, TymeBank has established a substantial physical presence through over 1,000 kiosks and 15,000 retail points across the country.

This marks the second major funding round for Winich Farms, founded in 2020 by brothers Riches and Winner Attai and co-founder Chichebem Jibunoh

The company has leveraged its digital platform, My Fawry, which boasts over 10 million app downloads, to seamlessly integrate BNPL services for its users.

The charges against Oyebola follow a recent final judgment against Dozy Mmobuosi, the Nigerian entrepreneur who once led Tingo, a fintech company that claimed to revolutionize the agritech sector in Africa.