UK Bets Big on Africa’s Tech Future with $20M Investment in Alterra Fund Backed by Dangote
British International Investment (BII), the UK’s development finance institution, has invested $20 million in the Alterra Africa Accelerator…
South Africa’s HOSTAFRICA acquires Nigerian web hosting company GO54
Nigerian web hosting company GO54, formerly Whogohost, has been acquired by South African web company HOSTAFRICA. This deal brings together…
Why Vision Works in the U.S. but Traction Wins in Africa: Lessons from Eunice Ajim and Emeka Ajene on Startup Investments
The investment landscape reflects the economic and social realities of each region. In the U.S., founders often secure funding by pitching…
SA Fintech Sourcefin Secures $8.2M from Futuregrowth to Empower SMMEs
South African fintech company Sourcefin has raised ZAR150 million (approximately $8.2 million) in funding from Futuregrowth Asset Management.…
TymeBank Achieves Unicorn Status with $250 Million Funding Round Led by Nubank
South African-born fintech company TymeBank has officially become Africa’s latest unicorn after securing a $250 million funding round,…
Timeless Advice from Dalu Akabogu and Subomi Plumptre for First-Time Crypto Millionaires
In the wake of a bullish cryptocurrency market, many first-time crypto millionaires find themselves grappling with sudden and significant…