Business News – Page 5 – Africa Trade Hub

Skype and Flutterwave co-founders back a $205 million tech fund for Africa.

African e-commerce earnings are expected to reach $59.18 billion by 2027, with a 10.4% annual growth rate.

African startups secured $123.4 million in funding in July 2023.

The African Development Fund approves a $102.59 million grant for Ghana’s Fiscal Consolidation and Economic Recovery Program.

BluePeak Private Capital concludes the fundraising for a $156 million fund to financially support African businesses.

The Mastercard Foundation Fellowship on Entrepreneurship, hosted by Jim Leech, opens in 2024 for African students and recent graduates.

Paul Nnaluo, Andrew Mpashi, and eight others get a $50,000 grant from Sahara Group.

Anava invests $5 million in Titan Seed Fund to financially support startups in Tunisia.

Neo Mobility secures $10 million in Seed funding.

My Easy Transfer, a Tunisian fintech company, secures $423,000 in funding.