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| Dec 14, 2022 | Nation’s Oldest Free-Standing African American Cultural Center in Buncombe County Receives $40,000 SECU Foundation Grant to Advance Mission | /EIN News/ -- ASHEVILLE, N.C., Dec. 14, 2022 (GLOBE NEWSWIRE) -- SECU Foundation has provided a $40,000 grant to the YMI Cultural Center in Asheville to help expand support and programming. Established in 1892, the historical institution is... |
| Dec 14, 2022 | Nation's Oldest Free-Standing African American Cultural Center in Buncombe County Receives $40,000 SECU Foundation Grant to Advance Mission | ASHEVILLE, N.C., Dec. 14, 2022 (GLOBE NEWSWIRE) -- SECU Foundation has provided a $40,000 grant to the YMI Cultural Center in Asheville to help expand support and programming. Established in 1892, the historical institution is the oldest fr... |
| Nov 8, 2022 | North African super-app Yassir lands $150m to fuel expansion | Yassir, an African super-app for on-demand services, has secured $150 million in a Series B funding round led by Bond.
Yassir raises $150m in Series B round
The round also saw participation from DN Capital, Dorsal Capital, Quiet Capital, St... |
| Sep 27, 2022 | Baobab invests $200k in 4 new African start-ups | The Baobab Network, a Nairobi-based accelerator that invests in early-stage tech companies across Africa, has announced its latest cohort of four investees, each of which secures $50 000 in funding.
Boabab has been accelerating and investin... |
| May 16, 2022 | Interswitch, an African payments company, secures a $110 million investment | Interswitch, an African payments company, has received a $110 million investment from LeapFrog Investments and Tana Africa Capital to help it expand its digital payment services across Africa.
Interswitch, with a market capitalization of $1... |
| Apr 27, 2022 | VC firm, Tofino Capital set to invest $10 million in early-stage Nigerian, African startups | --> -->
VC firm, Tofino Capital is looking for early-stage startups from Nigeria and other African countries, that need funding.
The VC is hoping to invest between US$50,000 and US$1 million in pre-seed and seed companies across all s... |
| Apr 19, 2022 | The Marketing For The Culture Summit presented by the African American Marketing Association | MFTC Billboard
The inaugural Marketing For The Culture Summit presented by the African American Marketing Association, the theme is Monetize Your Content.
We know in today’s climate every individual and business needs to create content to s... |
| Jan 19, 2022 | African Mobile Games Publisher Carry1st Is Andreessen Horowitz’s African Investment With $20M Series A | Carry1st co founders Tinotenda-Mundangepfupfu, Lucy Hoffman and Cordel Robbin-Coker. NINAZIMOLONG.COM |
| Oct 15, 2021 | Pan African fintech secures $1-million in pre-seed funding | African fintech Payday has secured $1-million in a pre-seed round from several investors including; LofyInc, Microtraction, Magic Fund, Ventures Platform, Voltron Capital, CcHub Syndicate, Helicarrier Inc, Greencap Equity, Midlothian Angel ... |
| Jul 8, 2021 | African startups have raised over $1 billion in H1 2021, more than double H1 2020’s figures | According to data from @MaxBayen, African startups have raised over $1 billion in H1 2021, reaching the billion-dollar mark faster than any other year on record, and on course to meet predictions of $2.8 billion for the year. |
| Jan 11, 2021 | African startups raised at least $1.3b in 2020, according to Briter Bridges | Investments went off to a flying start in Jan & Feb 2020 before fluctuating throughout the year. In the end, not less than $1.3b was deployed into African startups, and when M&A come into play, this figure rises to $2.4b. |
| Dec 23, 2020 | West African solar startup secures $8.5-million | Senegal-based startup, Oolu has secured $8.5-milliom in a Series B round of investment led by RP Global, an independent renewable energy developer, and several additional investors namely; Persistent Energy Capital, Shell-seeded impact inve... |
| Dec 9, 2020 | 21 out of the 51 West African startups that raised $1m+ in the past decade went through an accelerator | Of the 51 startups that raised $1m or more cumulatively in the past decade, 21 (41.2%) passed through an accelerator. We take a look at some of the reasons why founders choose them in the first place. |
| Nov 3, 2020 | Only 14 West African startups raised $10m+ in the last decade | Between 2010 and 2019, 51 West African startups each raised at least $1m cumulatively. But further research shows that only 27.45% (14) of them raised above eight figures. |
| Oct 27, 2020 | Only 1 in 17 West African startups, that raised $1m+ in the past decade, closed shop | In the past decade, more than 50 startups have raised $1m or more cumulatively in West Africa. And while 90% of startups fail, only 5.9% of these set of startups have done so thus far. |
| Oct 14, 2020 | West African solar startup secures $5-million in funding | Easy Solar, a West African renewable energy startup has secured $5-million in a round of funding.
This included a $3-million Series A Equity round that was led by the global impact investor Acumen and the Dutch entrepreneurial development b... |
| Aug 13, 2020 | West African startup receives over $1-million in funding | Energy+, a Malian-owned startup has received more than $1-million in funding from a consortium of financing partners.
The funding includes equity and fully funded enterprise development services (EDS) from VentureBuilder, which led the roun... |
| May 21, 2020 | Mozilla, via its incubator, wants to invest up to $75k in African early-stage startups | US-based Internet company, Mozilla, known for its Firefox browser, is going VC mode. With ticket sizes from $10,000 to $75,000, the company’s Builders Incubator is looking to invest in pre-startup and startup teams. |
| Aug 5, 2019 | Drinks giant Diageo invests £180m in greener African breweries | Guinness owner Diageo has announced £180m of investment to improve the green credentials of its African breweries. |
| Apr 1, 2019 | Investment in Francophone West African SMEs receives a €12.5m equity boost from African Development Bank | African Development Bank approves the sum of €12.5 million for Francophone West Africa on the back of the growing startup and SME activity in the region |
| Feb 11, 2019 | Ingressive Capital looking to invest $50,000 – $100,000 in early-stage African startups | Ingressive Capital wants to invest betwee $50,000 to $100,000 in early stage African startups, |
| Jan 22, 2019 | CDC backs TheBoardroom Africa with £1.6m funding to increase women’s representation in African boardrooms | In a partnership to bring increased diversity to companies and organisations across Africa, CDC Group, the UK’s development finance institution, has announced that it will support TheBoardroom Africa (“TBR Africa”) with funding of £1.6m. CD... |
| Jan 22, 2019 | CDC backs TheBoardroom Africa with £1.6m funding to increase women’s representation in African boardrooms | In a partnership to bring increased diversity to companies and organisations across Africa, CDC Group, the UK’s development finance institution, has announced that it will support TheBoardroom Africa (“TBR Africa”) with funding of £1.6m. CD... |
| Jan 22, 2019 | CDC backs TheBoardroom Africa with £1.6m funding to increase women’s representation in African boardrooms | In a partnership to bring increased diversity to companies and organisations across Africa, CDC Group, the UK’s development finance institution, has announced that it will support TheBoardroom Africa (“TBR Africa”) with funding of £1.6m. CD... |
| May 15, 2018 | African payments firm Cellulant raises $47.5m | A deal is signed
Marking its debut on the continent, TPG Growth’s The Rise Fund has invested in digital payments provider Cellulant for technology services across sub-Saharan Africa.
TPG Growth has also signed an agreement to acquire an und... |
| Apr 11, 2018 | Fintech accelerator DFS Lab to invest $200k in four African startups | US-based fintech accelerator Digital Financial Services Lab (DFS Lab) yesterday (11 April) announced that it will invest $200 000 in four African fintech startups, including Nobuntu, Cherehani Africa and NALA.
In addition to the $50 000 inv... |
| Jun 21, 2017 | DFS Labs invests $250 000 in four African, US startups | The Digital Financial Services Labs (DFS Labs), an initiative backed by the Bill and Melinda Gates Foundation, has announced that it’ll be investing $250 000 in four separate fintech startups.
“We are excited to have the opportunity to inve... |
| Dec 10, 2009 | World Bank to invest $5.5 billion in North African solar | We are excited to bring Transform 2022 back in-person July 19 and virtually July 20 - 28. Join AI and data leaders for insightful talks and exciting networking opportunities. Register today!
The World Bank announced $5.5 billion dollars of ... |
| Islamic Development Bank to invest $3.5bn in African agribusiness | Mushtak Parker
August 2nd 2021 •
Africa •
Finance & Services
The challenge for multilateral development banks (MDBs) in mitigating the disruptive impacts on their member countries in a post-Covid landscape is either to innovate or stagn... |