Nigerian fintech startup Brass secures funding of $1.7m for expansion

A Nigerian digital bank startup- Brass has announced receiving funds of $1.7million to cater to the banking needs of domestic entrepreneurs, traders a

African nations call for new climate fund tracker as donors fall short

The lead climate negotiator for Africa has reportedly stated that African countries are calling for a new mechanism to track funds from affluent natio

Uber pilots its ride-pooling service ‘Pool Chance’ in Africa

American ride-sharing firm, Uber is reportedly testing its new service called, Pool Chance, in Africa which will enable riders heading in the same dir

UK’s CDC Group & DP World plan to invest $1.72Bn in African ports

Emirati multinational logistics company, DP World and the UK government’s CDC Group have joined forces to expand African ports, with plans to in

Mono bags $15Mn in Series A funds to expand operations in Africa

African fintech startup, Mono has reportedly raised USD 15 million in a Series A funding round led by Tiger Global, making it the venture capital firm

Tui Group set to raise €1.1bn with easing travel restrictions

Tui Group, one of the largest travel groups in Europe, is reportedly set to raise €1.1 billion (~USD 1.2 billion) to enhance its balance sheet as

DPI secures $900Mn to support innovative companies in Africa

Development Partners International (DPI), a leading investment entity focused on Africa, has announced that the African Development Partners III Fund

Andela becomes Nigeria's latest unicorn after raising $200 million

Andela, a startup that helps engineering talent in Africa get connected with global firms, has become the  newest unicorn in Nigeria after receiv

Africa’s first continent-wide digital payment platform goes live

The Pan-African Payment and Settlement System (PAPSS), Africa’s first continent-wide digital system for goods and services payments in local cur