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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... -
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... -
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... -
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... -
The weeklong innovation week is aimed at mobilizing collective action and investment to catalyze growth in Ghana’s digital innovation ecosystem. Ghana’s innovation ecosystem continues to grow, with positioning as a leading frontier in digital transformation in Africa. In line with the Trilateral Co-operation among Ghana, Germany and Israel, GDIW... -
Stanbic Bank and GIZ have entered into a partnership to help fast-track their journey towards scalable and sustainable, impact-oriented ventures. Stanbic Bank and the “Make-IT in Africa” tech entrepreneurship initiative by Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH have entered into a partnership to help fast-track their journey towards commercially scalable and... -
MPharma, a Ghanaian health IT business, plans to create 100 virtual centres in seven African regions to deliver quality primary care in the communities they serve. MPharma, a Ghanaian health tech startup, is set to open 100 virtual centres across seven markets in Africa over the next six months.... -
Thirty-one African digital innovation startups have been chosen to participate in the Smart Cities Innovation Programme taking place in Kigali, Rwanda. Thirty-one African tech startups have been selected to take part in the Smart Cities Innovation Programme, which will help them scale up their products and services to boost... -
Ghana’s Jetstream lands $3M to build the digital infrastructure for Africa’s trade corridors Ghanaian logistics startup Jetstream, a platform that enables African businesses to see and control their own cross-border supply chains, has closed a funding round of US$3 million to expand its operations. Local and international investors participated in the...
