Flutterwave Inc. is betting its purchase of open-banking platform Mono Technologies Nigeria Ltd. will boost earnings and strengthen the case for a potential initial public offering by Africa’s most ...

At a recent investor meeting, early-stage African investor Oui Capital informed limited partners that it had returned its $4 million debut fund following the sale of some shares in the business ...

African unicorn startup Wave has raised a $137 million debt round to bolster its working capital and drive expansion across existing and new markets. Rand Merchant Bank (RMB) led the round alongside a ...

Moniepoint Inc has successfully raised US$110 million in equity financing, to power the dreams of millions of businesses and their customers across Africa and the diaspora. Moniepoint Inc. raises ...

Rare footage captured the first moments of one the world's most mysterious creatures. The endangered okapi, nicknamed the African unicorn, is one of the least known and understood species on the ...

South Africa’s first Black-owned bank has hit unicorn status, POCIT reports. Tyme Group, founded in 2019, is majority-owned by billionaire Patrice Motsepe, notes Bloomberg. The platform was designed ...

Access Bank, which Aigboje Aig-Imoukhuede bought with Herbert Wigwe in 2002, continues to grow apace. In the first quarter of 2024 it grew its capital base 22% to N33trn ($19bn). And it maintains ...

Maser, the consumer electronics company founded by Prateek Suri, has officially joined the prestigious ranks of Africa’s unicorns. A unicorn in business is a startup company valued at over US$1 ...