Global Beehive
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$43 M secured by Verod-Kepple Africa Ventures for pan-African venture fund
For its pan-African venture fund, Verod-Kepple Africa Ventures (VKAV) has collected US $43 million. VKAV invests in scalable, tech-enabled, post-revenue…
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Thuthukani acquired by SA’s Fin, merged as Fin Home Loans
In an effort to speed up financial inclusion across Sub-Saharan Africa, the South African business Fin has finished the acquisition…
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Green Entrepreneurship Awards 2023 opens applications
For the Green Entrepreneurship Awards 2023, submissions are currently being accepted by the Adelphi green entrepreneurship team. Two awards are…
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Social enterprises in East Africa invited to apply for $150k funding
A call for applications for its third venture cohort of investment in creative entrepreneurs in Rwanda, Uganda, and Tanzania has…
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$95 M VC fund launched by Flat6Labs to support early-stage African startups
A new US $95 million fund has been established by MENA-focused seed investor Flat6Labs to support the growth and development…
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After $6.5 B raise, Stripe’s valuation drops to $50 B
Majority-owned global FinTech company Stripe has secured more than $6.5 billion in fresh capital at a value of $50 billion,…
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Google for Startups Accelerator: Women Founders Africa Programme selected 15 startups
For the first Google for Startups Accelerator: Women Founders Africa Program, 15 businesses from across the continent have been chosen.…
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Multibillion-dollar Foundry fund for investing in local startups shut down by SA’s Naspers
Naspers, a South African firm, has shut down Naspers Foundry, a locally oriented venture capital fund, citing the “global investment…
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For fellowship program, SA ed-tech incubator Injini collaborates with Mastercard Foundation
The Mastercard Foundation and South African ed-tech incubator Injini have joined forces to introduce the Mastercard Foundation EdTech Fellowship Programme,…
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Meta to cut 10,000 more employees for efficiency
In addition to the 11,000 positions that Meta cut in November 2022, Mark Zuckerberg has indicated that Meta will reduce…
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