Egypt’s Rabbit Mobility Secures $1.3M to Accelerate Expansion Across North Africa
Egypt-based Rabbit Mobility, a micromobility startup, is set for rapid expansion after securing $1.3 million in investment to grow its ...
Tag: Africa
BasiGo raises $42M to deliver 1,000 electric buses in East Africa in 3 years
BasiGo, a provider of electric bus solutions in sub-Saharan Africa, has closed $42 million in new capital. The funding round ...
Pan-African Fintech Yellow Card Secures $33M in Series C Funding for Expansion
Yellow Card, a leading pan-African fintech startup, has successfully raised $33 million in a Series C funding round aimed at ...
Cyber Espionage Threats Surge as SideWinder APT Expands Operations in Africa
A recent report from Kaspersky's Global Research and Analysis Team (GReAT) has unveiled alarming trends in cyber espionage, highlighting the ...
Grid Africa Secures $2.8 Million for Renewable Energy Initiatives in South Africa
Grid Africa has announced an equity investment of R50 million (approximately $2.8 million) from Rifuwo Energy Partners, aimed at accelerating ...
Misaligned Reporting in African Tech Could Jeopardize Future Funding, New Report Warns
A significant disconnect between African tech startups and their investors is raising concerns about the future of funding in the ...
World Bank Lowers Sub-Saharan Africa’s GDP Growth Forecast as Sudan Conflict Hinders Regional Progress
The World Bank has revised its economic growth forecast for sub-Saharan Africa, citing the ongoing civil war in Sudan as ...
African startups invited to apply for Latitude59 pitch competition in Estonia
Latitude59, Estonia’s premier startup and tech event, is calling on early-stage African startups to join its upcoming pitch competition for ...
Nigeria Positioned to Become Africa’s Refining Hub and Save Billions Annually, Says Dangote
Aliko Dangote, Chairman of Dangote Refinery and Petrochemicals Company Limited, has emphasized the need for Nigeria to boost its crude ...
African airlines records 10.1% increase in int’l passengers demand in August – IATA
African airlines reported a 10.1% increase in international passenger demand in August 2024 compared to the same month in 2023, ...
