The UN Office for Project Services and SHS will mobilize 3rd party investors to fund the initiative.
613 VC deals valued at $3.9 billion occurred in Africa between 2014 and 2019.
The loan is IFC’s first in Africa under its global COVID-19 fast-track financing support package.
The capital markets have frozen up. We are hoping to create a domino effect in terms of investment in African startups.
Note that the statement, which was signed by both FBN Holding's group CEO and Sanlam Emerging Markets Ltd's CEO, did not disclose how much the transaction...
Tomato Jos secured Series A round funding through a consortium of investment firms
The social media giant will invest in its technology and relationships with content, as users will still be able to upload GIFs.
TLcom Capital has invested $1 million pre-seed fundraise in Nigerian fintech platform, Okra to strengthen the latter’s push to build infrastructure for Africa’s next wave of...