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Investment
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Egyptian e-Commerce Wasla Gets $9 Million Investment From Contact Financial Holding
E-commerce super app Wasla which is based in Egypt has received an investment of $9 million from Contact…
Cloud Company Acronis Launches Its Nigerian Data Centre
We live in a data-driven dispensation and the protection of the infinite amount of information being stored on…
Toshiba Plans To Double Its Chip Production With An Investment Of $1 Billion
The global chip shortage has taken a toll on production, crippling some firms and slowing down production for…
Tiger Global And Greycroft Co-lead Nigeria’s Bamboo’s $15 Million Series A Round
Bamboo, a Nigerian platform that gives people access to more than 3,000 US-listed stocks has raised $15…
An Africa-targeted $200 Million Fund Has Been Set Up By Norrsken Foundation Alongside A Number Of Venture Capital Firms And Unicorn Founders
Africa has become one of the focuses for investment as investors are recognizing the huge opportunity buried deep…
Google Will Invest $1 Billion In Indian Telecom Operator Airtel, To Acquire A 1.28% Stake
Tech titan Google has announced plans to invest $1 billion in Indian telecommunications operator Airtel. The investment comes…
TLcom Capital, An Africa-focused VC Firm Is Raising $150 Million For Its Second Fund Targeted At Early And Late Stage Investments
TLcom Capital, a venture capital firm focused on investing in African startups is raising $150 million for its…
Uganda’s Super App Safeboda Receives First Investment From Google’s Africa Investment Fund
Internet and search engine titan Google has announced that it has made its first investment from its Africa…
Following US Blacklisting, China’s AI Company SenseTime Puts A Hold On Planned IPO
On Monday SenseTime, one of China’s biggest AI solution providers announced that it was putting its intention to…
Amazon Invests In Three More Startups As Part Of Its $2 Billion Climate Pledge Fund
On Wednesday, e-commerce giant Amazon announced that it is investing in three more startups as part of its…