Moniepoint secures $110 million in Series-C round backed by Google
This funding will elevate the company’s digital payment and banking capabilities, reinforcing its commitment to revolutionizing financial services across Africa.
africa
Somali tycoon Ismail Ahmed’s Zepz raises $267 million to expand in Africa
The venture capital firm Accel, along with Leapfrog and TCV, led the latest funding round for Zepz.
Nigerian billionaire Abdul Samad Rabiu’s cement company reports $284.4-million revenue in 2023
The recently published financial report highlights a remarkable 27.4-percent surge in revenue, rising from $223.2 million in 2022 to $284.4 million in 2023.
Bill Gates’ foundation invests $30 million to advance AI in Africa
Gates’ net worth currently stands at a staggering $124 billion. This immense wealth secures his position as the fifth-richest man in the world.
U.S. billionaire Bill Gates commits $7 billion to support health, agriculture in Africa
The Gates Foundation has distributed more than $80 billion in grants, not including the $7 billion just earmarked for Africa.
Kirsan Ilyumzhinov: The charismatic Buddhist tycoon speaks on Africa
The Russian businessman, politician and chess chief says Africa is the “future of human civilization.”