Geographically, the fund intends to allocate 75% of its resources to North Africa and the remaining 25% to Sub-Saharan Africa.

Africinvest Small Cap Fund has set an ambitious target of investing at least 30 percent of its portfolio in companies that are either led by women or have significant female ownership.

I&P Accélération FARM is not an isolated effort.

It’s a sobering reminder that registered users are a vanity metric.

The public transport system, especially in the capital Tunis, which has a population exceeding two million, has suffered from deterioration over the past decade due to insufficient maintenance and a lack of investment in its renewal.

The success of the South Africa-specific cohort builds upon the foundation laid by the broader Google for Startups Accelerator Africa programme.

Here’s a closer look at the notable under-the-radar investment activity we’re tracking this week.

If MTN MoMo were granted a license to facilitate direct transfers between Ghana and Nigeria, it could reduce reliance on traditional remittance networks.

Headquartered in Johannesburg, Trade Shield currently employs a team of approximately 45 professionals, including trade credit experts, data scientists, software developers, sales executives, and customer support staff.

A Dubai-based firm and several Ethiopian companies position for market dominance as the finance and logistics sectors open to foreign competition.

The fight for the African commuter is no longer solely about offering the cheapest or fastest ride.

The fund will target startups from the seed stage through to Series B funding rounds.