The Cortex Hub has announced that the MCP Hackathon Africa 2025 will run from September to November 2025. This initiative is designed to shape the future of Artificial Intelligence (AI) by embedding African languages, legal…
South African fintech Float, a card-linked instalment platform, has raised $2.6 million (R46 million). The funding will be used to accelerate its local growth and prepare for expansion into new markets. This round was co-led…
Acumen, the impact investor focused on solving poverty, has announced the launch of its second KawiSafi fund. This is a $90 million fund will be used to accelerate climate solutions in Africa. $40 million of…
WaterEquity has announced a $5 million investment in SunCulture, through its newly launched Water & Climate Resilience Fund. The is the first transaction from the Fund which is designed to scale growth-stage companies and infrastructure…
Justyol, the Morocco-based cross-border e-commerce platform, has announced it has closed a $1 million funding and financing package. The package includes $400,000 in equity from a private angel investor and $600,000 in inventory financing from…
Cairo-based Munify has closed a $3 million seed round led by Y Combinator. This round also saw the participation of BYLD, Digital Currency Group and other strategic investors. Munify was founded in 2024 by Khalid…
Morocco-based Hypeo Ai has raised funding from Renew Capital to accelerate its mission of transforming how brands and creators collaborate across Africa and the Middle East. The startup is streamlining influencer campaigns that have traditionally…
Finnfund, the Finnish development financier, has announced a $4 million debt investment in Poa Internet. The investment will expand Poa’s network capacity. Poa Internet has positioned itself as a low-cost broadband provider serving areas where…
Kenyan healthtech platform M-TIBA has been awarded The Blue Company Project Certification. The certification highlights M-TIBA’s pledge to strengthen governance and embed integrity within its operations. The recognition said the company is best known for…