Top news of the week: 06.02.2023.
Egyptian financial services provider MNT-Halan valued at $1B in $400M funding
The round includes $260 million in equity financing and $140 million through two securitized bond issuances, investments that will now see MNT-Halan command a valuation of about $1 billion.
14 startups selected to Pitch Live at Africa Tech Summit in Nairobi
Fourteen startups from across the continent have been selected to Pitch Live at Africa Tech Summit, which will host its fifth edition on February 15-16 at the Sarit Expo Centre in Nairobi, ...
Teraco raises $680m in funding to expand its data centres
On TechpointDigest, Victoria Fakiya discusses how Nigerian startups can handle inflation in 2023, Tech Nation shutting down, Google banning unlicenced loan apps in Kenya, Kenya's Unique ...
TCS | Inside AfriForum’s plan to deploy modular nuclear reactors in SA
AfriForum wants to deploy pebble-bed modular reactors in South Africa. The organisation's Johan Kruger explains why in this episode of the TechCentral Show.
SunFi aims to be the fastest way for Nigerians to find, finance and manage solar
SunFi, a solar financing platform based in Nigeria has raised $2.325 million as it builds a fintech platform for the cleantech space.
South African digital lender Lulalend to launch banking product off the back of $35M Series B
South Africa’s Lulalend has secured a $35 million Series B funding round to scale its business and address South Africa’s enduring SME credit gap estimated to be over $20 billion yearly.
Egypt gets its first unicorn as MNT-Halan announces a $400 million investment
MNT-Halan has received a $400 million investment that makes it Egypt's first unicorn.
South African digital lender Lulalend raises $35M in Series B
Cape Town-based startup, Lulalend has announced that it has secured a $35 million (~R600 million) Series B round, led by Lightrock. The round included participation from investors ...