Global Beehive
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$296k funding secured by Morocco’s Aza Petrolsolutions
The Maroc Numeric Fund II has provided MAD3 million (US $296,000) in investment to Moroccan firm Aza Petrolsolutions, formerly known…
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African tech firms raised $2.3 B in H1 of 2022, surpassing their entire financing from 2021
With a total investment of US $2.275 billion, African tech companies raised more money in the first half of 2022…
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GrowUp Incubator programme focused on mobility, transport opens applications
Applications for the most recent iteration of the GrowUp incubation program, which seeks social business ideas for sustainable tourism and…
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Pre-Series A funding raised by SA student housing startup DigsConnect
DigsConnect, a South African digital student housing platform, has secured a pre-Series A round of investment to drive its global…
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FSD Africa led $3.5 M secured by Catalyst Fund to accelerate, scale pre-seed impact ventures
The BFA Global-managed Catalyst Fund, a renowned accelerator and pre-seed impact fund for entrepreneurs in emerging markets has received a…
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Payments company Orchestrate acquired by Nigerian fintech infrastructure startup Bloc
Bloc, a Nigerian full-service provider of banking as a service (BaaS) infrastructure, has announced the purchase of Getwallets, a wallets-as-a-service…
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SA’s Design Innovation Seed Fund opens applications
The Design Innovation Seed Fund (DISF) of South Africa is now accepting applications from designers, innovators, entrepreneurs, and product developers…
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Multinational investment firm KKR closed $2.1 B ABF fund
A $2.1 billion fund, the first of its kind for asset-based financing (ABF) investments, has been closed by the multinational…
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Celsius files for bankruptcy in US bankruptcy court
The US bankruptcy court has received a chapter 11 restructuring petition from Celsius, a New Jersey-based crypto lender. If accepted,…
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$500k Pre-seed funding raised by Nigeria’s Swipe
Pre-seed investment of US $500,000 was secured by the Nigerian fintech firm Swipe this year as it seeks to increase…
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