Africa
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World Bank Signs Off $400M to Reduce Egypt’s Greenhouse Emissions
The World Bank has approved a $400M logistics and transportation plan to help Egypt reduce greenhouse gas emissions from transportation,…
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Egypt’s Q-Commerce Appetito Acquires Tunisia’s Lamma
The Egyptian Q-commerce platform Appetito, which delivers groceries and household products to doorsteps, has acquired Lamma, a quick commerce app…
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Sokowatch raises $125M, rebrands to Wasoko
Nairobi-based B2B company that connects informal retailers to manufacturers, Sokowatch, has raised $125 million in Series B funding from Tiger…
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East African Antler closes $13.5M fund to support early-stage tech startups
Early-stage investor Antler has closed its oversubscribed East Africa investment fund today at US$13.5 million to continue to support early-stage…
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6,000 tourists celebrate sun alignment at Abu Simbel temple
Today, more than 6,000 tourists celebrated sun alignment on King Ramses II in front of Abu Simbel Temple in Aswan.…
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Jambo Raises $7.5 Million To Create Africa’s Web3 app
Jambo, a three-month-old company, building a Web 3 super app for Africa, has raised $7.5 million in seed funding from…
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Earnpay raises $4M to facilitate access to salaries in Nigeria
Earnpay, a fintech startup that provides flexible and on-demand salary access, has raised $4 million in seed financing to facilitate…
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South African API startup Stitch raises $21M in series A
Stitch, an API infrastructure company that enables simple, easy access to user financial accounts, has raised $21M in a Series…
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Kwik Delivery hits 100K customers, +400% revenue growth in 2021
Kwik Delivery, a Lagos-based delivery startup announces today that its GMV and revenue for 2021 grew by over 400% year…
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New administrative Megacity rises-up in Egypt’s desert
The New Administrative Capital’s project phase one has been accomplished, planning to be centered on a new administrative megacity that aims…
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