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Business

PBR Secures $1 Million Pre-Seed Funding to Drive AI Expansion into Africa

PBR, a Techstars-backed healthcare data analytics company, has raised $1 million in pre-seed funding to enhance its AI infrastructure and expand operations into...

Business

Tyme Group Becomes Africa’s Ninth Unicorn After Securing $250 Million Series D Funding

South Africa’s digital lender, Tyme Group, has cemented its position as one of Africa’s leading fintech companies after raising $250 million in a...

Business

Nigeria’s Juicyway Raises $3 Million to Tackle FX Shortages for Businesses

Juicyway, a Nigerian cross-border payments startup addressing the country’s ongoing foreign exchange (FX) challenges, has secured $3 million in pre-seed funding. The investment...

L-R Tosin Eniolorunda, Co-founderCEO Moniepoint Inc.; Felix Ike, Co-founderCTO Moniepoint Inc.
Business

Moniepoint Achieves Unicorn Status with $110 Million Series C Funding

Moniepoint Inc., Nigeria’s prominent business banking platform, has officially reached unicorn status following a successful $110 million Series C funding round. Founded in...

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Senegal Says Debt Burden Will Be Managed Without Restructuring, Sonko Assures

Senegal’s Prime Minister, Ousmane Sonko, has said the country will not pursue a debt restructuring plan despite facing a challenging repayment schedule and...

U.S. Pauses Assistance to Somalia After Dispute Over WFP Warehouse

Relations between Somalia and the United States have entered a period of sharp strain following Washington’s decision to pause further assistance that directly...