Global Beehive
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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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BluePeak Private Capital reports $156 M flagship fund’s final close
The first private capital fund, BluePeak Private Capital Fund SCSp, has reached a final close of US $156 million. BluePeak…
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SA’s WhereIsMyTransport shuts down due to lack of funding
WhereIsMyTransport, a mobility startup based in South Africa, has shut down due to its inability to obtain the required funding…
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SA’s MTN launches new ESD programme to increase SMME procurement spending by $209 M
Through the enterprise supplier development (ESD) program Xlerator, MTN South Africa aims to increase its procurement spend by ZAR4 billion…
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