Johannesburg, South Africa – February 27, 2025 – Xiaomi, the global leader in consumer electronics and smart manufacturing, proudly celebrated the official launch of…
Nigeria’s Stears raises $600k from Omidyar Group’s Luminate, other investors
UPDATE (8 May 2020): We had it initially that Luminate led this round. However, A Luminate representative subsequently contacted Ventureburn to point out that…
Seedstars reveals $100m Africa fund has made first investment
Emerging markets startup competition Seedstars‘ $100-million Africa fund has made its first investment, Seedstars co-founder Pierre-Alain Masson has revealed. Seedstars announced the launch of the…
Disruptech fund invests in two Egyptian startups
Disruptech, a $25-million fintech fund, has invested in two Egyptian tech startups. Tech publication Menabytes reported in an article yesterday that the fund has…
IFC to invest up to $20m in SPE Capital to target firms in Egypt, Morocco, Tunisia
The World Bank’s International Financial Corporation (IFC) plans to invest up to $20-million in a new fund that will in turn invest in small…
