Temasek, an investment company headquartered in Singapore, has committed US$500 million into impact investment group LeapFrog Investments in form of…
Search results for
"leapfrog investments"
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BusinessStartups
LeapFrog Investments Acquires an $18.7m Majority Stake in Resolution Insurance
by Sam Wakobaby Sam WakobaLeapFrog Investments has acquired a KSh 1.68b ($US18.7m) majority stake in Resolution Insurance, through its holding company, Resolution Health East…
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Startups
Kenyan startups invited to pitch for between $30,000 to $150,000 from Leapfrog Ventures
by Sam Wakobaby Sam WakobaLeapfrog Ventures is set to invest between $30,00 and $150,000 into seed stage and early stage startups in Kenya and…
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Sun King, a company that offers of off-grid solar energy products in Africa and Asia, has secured a $70 million…
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Fintech
Interswitch secures $110m investment to upscale its digital payments services
by Val Lukhanyuby Val LukhanyuInterswitch has today received a $110 million investment fund from leapFrog and Tana Africa Capital to upscale its digital payment…
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Business
Uber, JUMO launch JUMO Drive, a vehicle financing product for Uber driver-partners in Kenya
Uber has partnered with JUMO, a fintech firm to launch JUMO Drive, a unique digital vehicle finance product to increase…
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Business
Resolution Insurance is investing $3m into technology to disrupt insurance in East Africa
by Sam Wakobaby Sam WakobaResolution Insurance is set to invest $3 million on technology to bring insurance services to the region’s 150 million plus…
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Startups
African Development Bank and Africa Fintech Network sign $525,000 grant to strengthen development of fintech
The African Development Bank has signed a $525,000 grant with Africa Fintech Network (AFN) to set up of the Africa…
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Startups
42Markets Group raises $10M from Convergence Partners & development finance institutions to automate banks IT Operations infrastructure
by James Musobaby James Musoba42Markets Group, the financial and capital markets fintech investment group, has secured $10 million in growth funding from Convergence Partners…
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UAE-based communication firm e& (formerly Etisalat) has acquired a 50.03 per cent stake in Careem’s Super App spinout for $400…
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Africa has an enormous cash and informal trade economy, however, at the root of many challenges that Africa currently faces…
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US-based and Mena-focused VC firm Modus, a Venture Platform operating in MENA comprising VC funds, Venture Builders, and a Corporate…
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StartupsTech
Nigeria’s Reliance Health raises $40M to accelerate its global expansion
by James Musobaby James MusobaReliance Health, an emerging markets-focused digital healthcare provider, has today raised $40M to accelerate its efforts in expanding the platform…
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The Norrsken Foundation has launched Norrsken22 Africa Tech Growth Fund, which has held its first close at $110 million. The fund…
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Copia Global, a Kenyan B2C e-commerce platform, has secured $50 million in a Series C equity stake to help it…
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Startups
Kenya’s Copia Global raises $26m to launch into other African countries
by Val Lukhanyuby Val LukhanyuCopia Global has raised $26 million in a Series B equity round led by LGT Lightstone, with participation from Goodwell…
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The shift to data platforms has put the business model of all the MNOs under pressure. Regulation in Sub-Saharan Africa…
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EntrepreneurshipPeopleStartupsTech
Ethiopia partners Chinese e-commerce giant Alibaba to build its digital economy
Ethiopia has announced a partnership with the Chinese e-commerce giant Alibaba to build its digital economy, the Ethiopian Ministry of…
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Jack Ma’s Africa Netpreneur Prize, a prize competition for African entrepreneurs has selected 7 esteemed entrepreneurs, investors, and businesspeople from…
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Raino Tech4Impact, a Kenyan Social enterprise startup you have probably never heard of has received $100,000 in equity investments after…
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Blockchain is the technology behind Bitcoin and many other cryptocurrencies. It is essentially a distributed ledger database for recording transactions,…
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Startups
Kenya’s PayGo Energy raises $1.43m to build its next generation smart meter & expand across Nairobi
by Sam Wakobaby Sam WakobaPayGo Energy, a smart-meter pay-as-you-go LPG provider has raised US $1.43M in Series Seed debt and equity financing led by…
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According to Deloitte, Africa’s GDP is bound to grow to $3.7 trillion by 2019, that is a 50% increase, in…
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Telcos
Airtel Nigeria Hits Over 26 Million Subscribers | Becomes Second Largest Mobile Operator
by Sam Wakobaby Sam WakobaAccording to a new report published by NCC, Airtel Nigeria has signed up 26, 194, 336.00 compared to Glo’s 24, 490,…
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IBM has dedicated $100 million to improve Africa’s quality of life through a 10 year technology project called ‘Project Lucy’.…
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