AI-based ed-tech startup Gradely secures funding from VC firm Microtraction
NIGERIA – Gradely, an ed-tech startup which applies artificial intelligence (AI) to improve learning outcomes…
Investments, Financials & Economy
–
Mastercard, Bill & Melinda Gates Foundation inject US$20m into Covid-19 clinical trials
AFRICA – Mastercard, Bill & Melinda Gates Foundation and Wellcome have announced a grant of…
Finnfund invests $1m in Rwandan female-focused e-commerce platform for expansion
RWANDA – Kasha, an e-commerce platform improving women’s access to genuine health, hygiene and self-care…
Vital Capital launches debt facility for African startups offering essential services
AFRICA – Sub-Saharan Africa-focused impact investor, Vital Capital has launched a new debt facility providing…
National Bank of Malawi raises annual profits 7% to US$23.29m
MALAWI – National Bank of Malawi (NBM) has registered a group profit after tax of…
SA marketing startup Mobiz raises US$1m from Kalon Venture Partners
SOUTH AFRICA – Kalon Venture Partners, a venture capital firm, announced a US$1 million investment…