There are a lot fewer mental health experts in Africa than is ideal - only 1 psychiatrist is needed for every 500,000 people. The stats are considerably worse in Nigeria, where there are just 300 psychiatrists to treat the more...

The pre-seed raise by Herconomy will go down in history. The startup's funding story rocked the tech industry last year.

The Nigerian data and analytics business Stears revealed that it has received $3.3 million as part of a seed round from Serena Williams' investment company, Serena Ventures.

Extra Income is a necessity as a rising number of people, primarily employees and owners of small businesses, are looking for ways to supplement their income during downtime.

The world's first venture studio with a tourism focus, Purple Elephant Ventures (PEV), is based in Kenya and has closed a pre-seed investment of $1 million. The investment will be used by the venture studio to create at least three...

Following a global trend, investment in African digital businesses that aim to slow the pace of change is starting to increase, though at significantly lower valuations than elsewhere.

Six impact-driven startups from Ghana have been selected to participate in the MEST Express accelerator's first-ever sustainability-focused cohort. Each startup will get a grant of $5,000 in addition to other types of support.

Enterprise Bureau rolled out its initiative dubbed EB CONNECT to bring together stakeholders of the Startup Ecosystem in Africa to discuss and proffer solutions to some issues faced by the Startup community that needed urgent solution.

It is generally acknowledged that Lagos has a serious housing shortage issue. The state's large size and high population density are the root causes of the housing shortage.

The cutting-edge biometrics technology company iiDENTIFii, based in South Africa, has raised $15 million in growth capital. Arise, an African investment firm, led the round with support from Rabobank Partnerships, Norfund, NorFinance, and FMO as cornerstone investors.