Business Insights

Dakar Mobility, a pioneering Senegalese firm co-owned by Meridiam and the Sovereign Strategic Investment Fund of Senegal (FONSIS), has achieved a remarkable milestone by securing Read More

Almouneer, an Egyptian healthtech company, has raised $3.6 million in seed funding to support the development and expansion of its platform for treating diabetes and Read More

Nigerian online grocery startup Pricepally has secured $1.3 million in seed funding to expand its operations. Backers include returning investor Samurai Incubate and new investors Read More

M-KOPA has initiated its pilot operations in South Africa, marking the commencement of its expansion across the continent. This move comes five months after the company Read More

The African Export-Import Bank (Afreximbank) has announced plans for a $1 billion African Film Fund to support and finance the continent’s film sector. Kanayo Awani, Read More

President Dr. Lazarus McCarthy Chakwera was greeted with significant news during his recent arrival in Riyadh, Saudi Arabia. Through its Finance Minister Mohammed Al-Jadaan, the Read More

Pan-African venture firm Norrsken22 has achieved the final close of its debut fund at $205 million, exceeding the original goal despite a funding slowdown. The Read More

Japanese financial conglomerate SBI Holdings has made a landmark $40 million multi-fund commitment to Novastar Ventures, a leading Pan-African VC firm. This marks SBI’s first Read More

Kenya’s economy is projected to grow by 5.5 percent in 2023 and above 6.0 percent over the medium term. This growth will be reinforced by Read More