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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...
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With the backdrop of how digital innovation has contributed to significant growth in lower-middle-income (LMIC) economies, we see the increasing adoption of technology in Africa and Ghana in particular. The past three years, though challenging in many ways due to COVID 19, has witnessed exponential growth in startup activity,...
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The Central Bank of Nigeria (CBN) has approved Abeg App, a Piggytech Global Limited product, as a Mobile Money Operator in Nigeria. Abeg Technologies Limited, a division of Piggytech Global Limited, has been given approval in principle (AIP) by the Central Bank of Nigeria (CBN) to operate as a...
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The MEST Express accelerator, which focuses on developing start-ups in the technology solutions industry, is now accepting applications for its major partner, MEST Africa. Applications are now being accepted for MEST Africa‘s principal partner of the MEST Express accelerator, which focuses on accelerating emerging enterprises in the technology solutions...
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With a focus on growing across Africa, Fido, a fintech business with its headquarters in Ghana, has raised $30 million in a Series A round of funding. Fido, a fintech company with headquarters in Ghana, has raised $30 million in a Series A round of fundraising with the goal...
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MEST, Meltwater Entrepreneurial School of Technology, has announced the appointment of Melissa Nsiah as its new Director of Portfolio. Melissa Nsiah, a business coach and operations management expert from Ghana, has been appointed the new director of the portfolio at MEST, the Meltwater Entrepreneurial School of Technology. Melissa, who was formerly...
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The Pan-African “Investing in Innovation” program will provide grants and commercialization support to 60 African Startups in health tech companies over two years. June 22, 2022. Lagos, Nigeria. Healthcare consulting firm Salient Advisory has launched its latest market intelligence report highlighting promising African health tech start-ups in the supply...
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Impact Hub Accra’s Betaraise Accelerator has accepted ten promising startups from Accra, Nigeria, and the US. With a minimal-frills approach and a laser focus on aiding first-time founders with no prior expertise in raising money, the Betaraise accelerator is made to help first-time founders move from launching a beta...
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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...