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    Venture Capital & Funding Sources

    Ecosystem News

    Japan’s MOL Group Backs Novastar Ventures’ US$200M Fund III

    Mitsui O.S.K. Lines, Ltd. (MOL), a prominent Japanese shipping company with a legacy spanning...
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    Venture Capital & Funding Sources

    Shoprite Group Launches W23 Global, a $125M Corporate Venture Fund Targeting Early-Stage RetailTech

    Five of the world’s foremost grocery retailers have joined forces to inaugurate a groundbreaking...
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    Venture Capital & Funding Sources

    Toyota Tsusho Launches New Venture to Back African CleanTech

    In a move to spearhead renewable energy initiatives across Africa, Toyota Tsusho Corporation has...
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    Venture Capital & Funding Sources

    Morocco’s UM6P Ventures Turns to DeepTech Startups for Its Latest Funding Round

    UM6P Ventures, the investment fund associated with Mohammed VI Polytechnic University (UM6P), has unveiled...
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    First-Time Founders Drive Nigeria’s Unicorn Boom

    Moove's $2.1bn valuation highlights the country's ability to mint billion-dollar companies without serial entrepreneurs.
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    Silverbacks Logs Massive Paper Gain as $37M Moove Bet Reaches $62M

    A Mauritius-based investment firm has made its biggest-ever bet on Africa's latest unicorn.

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    Airtel Africa Picks London for $245bn Mobile Money IPO but Faces Independence Test

    Rapid growth and 56.5m users make it Africa’s hottest tech float. But privately negotiated intra-group fees threaten to cloud its standalone public valuation.
    Partner Content

    1M Users in 8 Years, 9M in 6: The Smartphone Pivot Driving M-KOPA’s Hypergrowth

    The group now signs up about 10,000 new customers daily.

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    Updates

    First-Time Founders Drive Nigeria’s Unicorn Boom

    Moove's $2.1bn valuation highlights the country's ability to mint billion-dollar companies without serial entrepreneurs.
    Updates

    Silverbacks Logs Massive Paper Gain as $37M Moove Bet Reaches $62M

    A Mauritius-based investment firm has made its biggest-ever bet on Africa's latest unicorn.
    Updates

    Why African Fintech PalmPay Is Eyeing Hong Kong for a $1bn IPO

    Nigeria's two largest mobile payment heavyweights are both eyeing IPOs, but their target exchanges tell a story of contrasting global ambitions.
    Updates

    EFG Finance Takes Majority Stake in Egypt’s First Remittance Aggregator Balad

    The transaction hands control of the startup to one of Egypt’s largest financial groups.

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