Global Beehive
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Leaders in African B2B e-commerce Wasoko and MaxAB announce merger
Wasoko in Kenya and MaxAB in Egypt, two of the most well-known B2B e-commerce companies in Africa, have announced that…
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To boost its fintech expansion, Benin’s Moneex acquired by West African super app Gozem
Super app from West Africa Gozem has expanded its financial services capabilities across its various markets by acquiring Moneex, a…
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SA recruiting startup JOBJACK raised $2.5 M to support initiatives to reduce unemployment
Pre-Series A funding has been raised by South African recruitment startup JOBJACK, which aims to transform the perception of entry-level…
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Ivory Coast’s StarNews Mobile secured $3 M funding from French football players, others
Three French professional football players are among the investors who have contributed US $3 million to StarNews Mobile, Africa’s top…
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Japan’s SBI Holdings led $80 M funding secured by Pan-African VC firm Novastar Ventures
Novastar Ventures, a pan-African venture capital firm, has obtained US $80 million in funding from SBI Holdings in Japan. One…
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$1.5 M raised by SA insurtech startup Inclusivity Solutions in Series A extension round
Inclusivity Solutions, a South African insurtech startup, has secured a US $1.5 million Series A extension round to fund its…
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Nigeria’s Tizeti obtained debt financing to establish broadband network spanning fifteen states
In order to build out its cutting-edge broadband network throughout 15 states in the West African nation of Nigeria, Tizeti,…
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$420K funding received by Tunisian fintech startup My Easy Transfer to accelerate development
My Easy Transfer, a Tunisian fintech startup that enables safe money transfers between diaspora members, has raised EUR400,000 (US $420,000)…
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BII led $26.5 M funding raised by Nigerian commodities startup AFEX
The UK’s development finance institution (DFI), British International Investment (BII), and impact investors have contributed US $26.5 million to the…
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USAID offers $5 M to Maisha Meds in Kenya to help it scale
The United States Agency for International Development (USAID) Development Innovation Ventures (DIV) has awarded US $5.25 million in scale-up stage…
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