Egyptian e-commerce platform Breadfast has raised $50 million in a pre-Series C funding round backed by Mubadala Investment Company, the World Bank’s International ...

Police across 16 African countries have reportedly arrested over 650 suspected cybercriminals and recovered more than US$4.3 million in a major international operation ...

Spiro, an electric motorcycle company operating in Africa, has obtained a US$7 million loan from US-based climate fintech financier Nithio to fund expansion ...

Kenya-based venture firm, Delta40 has secured $20 million to scale financing for early-stage startups across Africa, with support from the Soros Economic Development ...

Lula, a South African fintech company founded in 2014 by Trevor Gosling and Michael Foley, has secured US$21 million in funding from the ...

A Dubai-based consumer electronics company is pivoting toward large-scale investments in farmland and data centres across Africa, citing rising demand for technology infrastructure ...

The Government of Rwanda has signed a historic expansion agreement with Zipline, marking the first milestone under Zipline’s recent $150M pay-for-performance award from ...

Elon Musk announced on Monday that SpaceX has acquired his artificial-intelligence startup xAI in a landmark deal that merges his AI and space ...

Kenyan clean-cooking startup, Koko Networks, on Friday announced the immediate closure of its operations and the layoff of its entire 700-person workforce following ...

OneDosh, a fintech company focused on stablecoin-powered payments, has raised $3 million in pre-seed funding to develop infrastructure aimed at improving how individuals ...