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mPharma acquisition aligns with the company’s mission to build an Africa in good health by delivering life-changing healthcare services and drugs to improve health outcomes for patients. mPharma, Africa’s leading patient-centred technology-driven healthcare company, has acquired the majority stake in HealthPlus, the leading pharmacy chain in Nigeria. mPharma and... -
Kunle Awosika, a seasoned Microsoft employee, has been named Managing Director for the Africa Transformation Office to drive its strategic digital transformation initiatives across Africa. Microsoft veteran and Africa expert Kunle Awosika assume the position of Managing Director for the Africa Transformation Office as Wael Elkabbany steps into a... -
Pan African VC Microtraction has raised $15 million in the first close of its second fund, Microtraction Community Limited. A $15 million first close of Microtraction’s second fund has been announced by Microtraction, an early-stage venture capital firm that invests in African internet entrepreneurs at the pre-seed stage. The... -
Pre-seed to seed stage technology startups in Ghana, Nigeria, Senegal, Kenya, and South Africa are invited to apply to participate. MEST Africa has officially announced the opening of applications for the 2022 MEST Africa Challenge. The Meltwater Entrepreneurial School of Technology (MEST) is an Africa-wide technology entrepreneur training program,... -
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... -
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,... -
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... -
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... -
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...
