Africa-focused early-stage investor Chui Ventures has closed its first fund at $17.3 million and announced plans for a second vehicle targeting $60 million. The firm backs seed-stage startups across the continent with a gender-inclusive investment strategy. Fund I attracted capital from the Mastercard Foundation Africa Growth Fund, the Michael & Susan Dell Foundation, and other…
Limu Lab’s interactive app aims to help children learn South Africa’s indigenous languages. South African start-up Limu Lab has launched a language-learning app to make isiZulu and other indigenous languages accessible to children through games, animations and storytelling. Limu Lab has partnered with schools and major platforms to bridge the gap in local digital education….
Possessing, distributing or creating child sexual abuse material is illegal. Meta has shut down several WhatsApp and Instagram accounts in compliance with a court order over sexually explicit content being shared via the social media channel. The Facebook parent company says it will continue to engage with law enforcement over the use of its apps…
The southern African country of about three million people is not only the continent’s top performer, but also the only African nation to break into the top 10 worldwide, a milestone fuelled by its unprecedented leadership configuration. Namibia is Africa’s most gender-equal economy, closing 81.1% of its gender gap and ranking eighth globally in the…
TLDR Mediterrania Capital Partners (MCP) has announced the final close of its fourth investment vehicle, raising €600 million ($686 million) The Malta-based private equity firm will use the capital to support mid-cap and SME businesses across North and West Africa The fund targets sectors with strong growth potential, including healthcare, financial services, FMCG, logistics, education,…
