Business News – Page 4 – Africa Trade Hub

AltSchool Africa’s Initiatives Receive a $30 Million Technology Fund

Shekel Mobility Secures a $7 Million Fund to Expand the Automobile Market in Africa

Africa Investment Forum Made $34.82 Billion in Investment Interest

$300,000 research funding granted to Wits University for Digital Transformation studies.

JOBJACK, a recruitment startup, secures $2.5 million in funding to tackle unemployment.

Despite financial constraints, African startups secure $156.2 million in funding in October.

Emerging Africa Infrastructure Fund dedicates XOF $48 million for Asset-Backed Security in West Africa.

MNT-Halan in Egypt secures a $130 million securitization, bringing its total funding for 2023 to over $400 million.

Interswitch faces $38 million in losses attributed to chargeback fraud.

Black business owners receive $25,000 grants to aid expansion efforts.