More
    HomeUpdates

    Updates

    France’s Largest VC Firm Backs Senegalese AI Startup LAfricaMobile in $7M Series A

    The company raised €500,000 in seed funding in 2020 and secured €4.3 million ($4.6 million) in the first tranche of its Series A in April 2024.

    Not Yet: Tunisian Parliament Rejects Reforms to Foreign Currency Account Rules

    The proposed measure was an ambitious attempt to alleviate long-standing frustrations over access to foreign currency.

    CrossBoundary Energy Secures $140M to Scale Renewable Energy Across Africa

    Despite Africa’s abundant renewable energy resources, financing constraints remain a major hurdle.

    Nigerian-Led Recursive Capital Backs African Bitcoin Startups with New Fund

    According to Recursive Capital’s strategy, the fund targets early-stage companies, providing equity investments ranging from $50,000 to $100,000 per portfolio company.
    spot_img

    Keep exploring

    PBR Life Sciences Raises $1M Pre-Seed to Expand AI-Powered Healthcare Data Platforms Across Africa

    In addition to enhancing operational efficiencies, PBR’s platform promotes inclusivity in clinical trials by ensuring underrepresented patient populations are considered.

    Morocco’s UM6P Ventures Launches The Forge, A Startup Residency for African Founders

    Applications for the inaugural cohort are open from December 18, 2024, to February 7, 2025, on the program’s official website.

    The Power Players Behind Africa’s Biggest Funding Deals in 2024

    This year, African tech companies leaned heavily on these firms to secure transformative investments.

    Egypt’s First SPAC Acquisition Targets Recently Funded Digital Lending Platform Qardy

    Catalyst Partners became Egypt’s first SPAC after receiving approval from the Financial Regulatory Authority (FRA) in September.

    Latest articles

    PBR Life Sciences Raises $1M Pre-Seed to Expand AI-Powered Healthcare Data Platforms Across Africa

    In addition to enhancing operational efficiencies, PBR’s platform promotes inclusivity in clinical trials by ensuring underrepresented patient populations are considered.

    Morocco’s UM6P Ventures Launches The Forge, A Startup Residency for African Founders

    Applications for the inaugural cohort are open from December 18, 2024, to February 7, 2025, on the program’s official website.

    Accelerators as Kingmakers: How Francophone Africa’s Startups Are Mostly Funded

    For now, accelerators remain indispensable kingmakers in the region’s tech startup landscape.

    Up for Sale: Nigeria’s Self-Styled Agri-Fintech Leader, Tingo Group, Meets a Brutal End

    The recent ruling indicates the SEC’s intensified focus on holding international entrepreneurs accountable.