OpenAI Secures $4 Billion Credit Line
OpenAI, the pioneering artificial intelligence research laboratory, has solidified its financial position with the acquisition of a $4 billion operating…
Category: Financing
Amplify Offers Alternative Financing for High-Growth Startups
Amplify Growth Partnership, a leading venture debt firm, has announced the launch of a new $100 million growth debt fund.…
100Pay’s New Fund Supports Crypto Startups in Nigeria
100Pay, a leading cryptocurrency payment platform in Nigeria, has recently announced the launch of a $200,000 startup fund. This initiative…
Affordable OPPO Devices Now Available Through LOOP
Recently, LOOP, a Kenyan fintech company owned by NCBA Group, announced a ground-breaking partnership with OPPO to provide device financing…
Innovate Africa Fund Fuels African Startups with $2.5 Million Launch
With a dedicated initial investment of $2.5 million, Innovate Africa Fund goes beyond the role of a traditional investment firm.…
MOGO Kenya secures $10 Million to boost E-mobility In Kenya
The U.S. International Development Finance Corporation (DFC) is giving Kenya’s transportation sector a clean energy boost. They have announced a…
Alitheia IDF Invests $4.5 Million in Seamfix for Enhanced Digital ID Verification Systems across Africa.
Seamfix, a Nigerian digital identity solutions provider, has secured $4.5 million in funding to expand its digital ID and credential…
Kenya’s Jacaranda Health and EIDU Among Top African Organizations to Receive over $20 million Funding
Two Kenyan firms, Jacaranda Health and EIDU, are among 21 organisations selected for Google’s Generative AI Cohort programme, a targeted…
The International Finance Corporation Commits $165 million to Airtel Africa for Operations and Debt Refinancing in Kenya, Rwanda, and DRC
The International Finance Corporation (IFC), a member of the World Bank Group, has committed a significant investment of $165 million…
NCBA Sets Sights on Regional Domination with Digital Banking Expansion
NCBA Now: Revolutionising Banking in East Africa NCBA Group unveiled its innovative banking omnichannel application, NCBA Now, in Tanzania last…