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Spearhead, the Black-owned, African spirits group, today announced it has raised $3 million. Funded by Pendulum, a strategic investment and advisory platform for founders and leaders of color, the investment marks the group’s entry into the US and will further power the company’s next phase of growth. Following a... -
A joint Pan-African venture capital fund between AfricInvest and Cathay Innovation announced the completion of its final closing of €110M. Cathay Innovation, a worldwide venture capital firm, and AfricInvest, a top multi-asset investment platform in Africa, have achieved the final closure of their combined Pan-African Venture Fund, Cathay AfricInvest... -
Google has opened its first African Artificial Intelligence (AI) research center in Accra, Ghana. Check out photos of the new space. Google, a global leader in technology, has opened an Artificial Intelligence (AI) research facility in Accra, Ghana, and has since published photographs of the facility. With the opening... -
The Vice President of Ghana, Dr. Mahamudu Bawumia, has officially opened Ghana’s first-ever Tier 4 Data Center, ONIX Data Centre. The first-ever Tier 4 Data centre in Ghana, ONIX Data Centre, has been launched by Ghana’s Vice President Dr. Mahamudu Bawumia. One of the few tier 4 digital centres... -
Meta celebrates Africa’s growing cultural impact on the world through a new campaign dubbed “Made by Africa, Loved by the World”. Facebook’s parent company, Meta today announced the relaunch of its global campaign “Made by Africa, Loved by the World,” which was first launched in 2021, as part of... -
Dash, a Ghanaian payment platform has secured $32.8 million in an oversubscribed seed round led by various partners. A Ghanaian unified and accessible payments app, Dash has raised $32.8 million in an oversubscribed seed round headed by Insight Venture Partners, global private equity and venture capital firm based in... -
Africa’s largest economy, Nigeria has launched the continent’s first digital currency, the e-Naira issued and regulated by the Central Bank of Nigeria. Nigeria, Africa’s largest economy, has introduced the e-Naira, the continent’s first digital currency. They join a select group of countries around the world that have adopted the... -
Sendbox, a Nigerian peer-to-peer delivery platform for social commerce, has secured $1.8m in a seed funding round to scale operations. A Nigeria-based e-commerce fulfillment platform for merchants in Africa, Sendbox has today announced the completion of a $1.8 million seed round from investors including 4DX Ventures, Enza Capital, FJLabs... -
Cameroon Financial services platform Ejara has raised a seed round of $2 million led by Coinshares Ventures and Anthemis Group, the company said Thursday. Other investors include Mercy Corps Ventures, Lateral Capital, LoftyInc Capital Management and NetX Fund, and a group of angel investors including CEO of Ledger Pascal...
