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Founded by British-born Nigerians Jide Odunsi and Ladi Delano, Moove announced that it raised $23 million in a Series A funding round. This brings the startup’s total funding raised to $68.2 million, including $28.2m in equity and $40.0m in debt.
Omnibiz has raised a US$3 million seed funding round led by V&R Africa, Timon Capital, and Tangerine Insurance to fuel its growth and expand across Africa.
The CSIR, as a research organization, believes that IP plays a critical role in encouraging creativity and innovation in the country. The organization recognizes the role that SMMEs play in the economy and is committed to supporting them.
The Black Stripe Foundation, in partnership with YouTube Music, today announced the names of four community organizations set to receive grant funding through the Triple M (Mzansi: Music to Heal - Music to Unite) initiative.
Egypt’s MaxAB is set to expand its physical footprint across the MENA region as a result of securing $40 million in Series A VC funding. The company also plans on scaling recently launched business verticals including new supply chains and embedded finance solutions.
Early detection has been instrumental in limiting the spread of the virus and has helped countries trace, isolate and treat confirmed cases. Supported by the African Development Bank, several countries on the continent have achieved a logistical and scientific feat.