Google invests $37M in African AI innovation for agriculture and language tech
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Editorial
em 25/07/2025
em
TECH NEWS
Tech giant establishes continent's first AI Community Centre in Ghana while funding agricultural solutions and natural language processing for over 40 African languages....
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Swedfund invests USD 10 million to support MSME lending in East and Southern Africa
Postado por
Editorial
em 25/07/2025
em
TECH NEWS
Swedish development finance institution provides funding to expand MSME access to formal credit across Kenya, Uganda, Tanzania, and Zambia, with focus on women-owned businesses and climate-resilient agriculture....
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Stitch Secures $55M Series B as Rally Cap Reduces Stake
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Editorial
em 17/07/2025
em
TECH NEWS
Rally Cap’s partial exit follows Stitch’s growth push and a Series B round.
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Visa Opens applications for next round of African Fintech Support Program
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Editorial
em 15/07/2025
em
TECH NEWS
Initiative offers early-stage startups mentorship, tools, and funding connections as part of Visa’s broader investment in Africa’s digital financial future....
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Paymenow secures R400 million credit facility from Standard Bank
Postado por
Editorial
em 11/07/2025
em
TECH NEWS
South African earned wage access startup Paymenow has secured a ZAR400 million (US$22.5 million) working capital facility from Standard Bank to help it expand its employee financial wellness solutions across Africa....
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Infobip secures $520M facility to boost global expansion and AI-driven engagement
Postado por
Editorial
em 02/07/2025
em
NEWS
BlackRock and Blue Owl lead new refinancing round to support Infobip’s innovation and growth strategy....
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FlySafair launches South Africa’s first free AI travel agent
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Editorial
em 10/06/2025
em
TECH NEWS
Lindi, an AI-powered system developed by global tech business Stubber, can already book flights for a single passenger, change a name or seat, and offer specific trip details....
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Naspers and Prosus appoint Nico Marais as Group CFO
Postado por
Editorial
em 07/05/2025
em
Executive Moves
Veteran finance executive takes the helm after serving as interim CFO since December 2024, reinforcing leadership continuity at a pivotal moment in the Group's evolution....
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IFC and TLG Capital launch $75M fund to bolster stressed African SMEs
Postado por
Editorial
em 06/05/2025
em
MARKET & INDUSTRY
New private credit initiative, backed by development finance institutions, aims to provide crucial financing and expert support to struggling small and medium-sized enterprises across vital sectors in Africa....
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LoftyInc Capital announces $43M first close of its new pan-african seed fund
Postado por
Editorial
em 13/03/2025
em
NEWS
The fund will prioritise sectors such as financial services, retail enablement, logistics, healthcare, climate tech, and artificial intelligence, reflecting the diverse opportunities across the African continent. ...
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