SA's Pargo Eyes Pan-African Expansion Amid E-Commerce Surge
Pargo, a leading click-and-collect company in South Africa, is setting its sights on expanding into the broader African market, driven by the continent's rapid e-commerce growth.
Companies
Ampersand Expands Manufacturing Capacity with New EV Facility in Kenya
The new factory, covering an impressive 21,000 square meters, is more than three times the size of its previous 6,500 square meter site. This strategic expansion enables Ampersand to assemble up to 60 electric motorcycles per day, or 1,440 units monthly.
Nairobi based Sistema.bio Raises $15M to Scale Biogas Solutions for Global Sustainable Farming
This funding will enable the company to scale its operations and enter new markets, while continuing to deliver clean energy and regenerative agricultural practices to smallholder farmers around the world.
ATIDI and MIGA Forge Strategic Partnership to Boost Foreign Investment in Africa
The African Trade & Investment Development Insurance (ATIDI) and the Multilateral Investment Guarantee Agency (MIGA) have entered into a three-year partnership designed to accelerate foreign direct investment (FDI) across Africa.
SA's GoMetro Secures £147,000 UK Grant to Advance Electric Vehicle Fleet Transformation
GoMetro, a South African-founded B2B software-as-a-service (SaaS) company now headquartered in London, has been awarded a £147,000 (R3.3 million) grant from the UK Freight Innovation Fund.
Egypt's MaxAB Co-founder Mohamed Ben Halim Departs Amid Post-Merger Transition
Halim's decision comes just two months after the company finalized its merger with Kenya’s eCommerce giant, Wasoko, in August 2024, making this a pivotal moment for MaxAB’s leadership structure.
Egypt's WellPal Relocates to Saudi Arabia Following Strategic Investment Round
Egyptian health-focused e-commerce platform WellPal has made a bold move to the Saudi Arabian market, supported by an undisclosed investment from an angel investor.
Fawry and Bel Egypt Join Forces to Empower Retailers with Digital Financing Solutions
Fawry, a leader in electronic payments and banking technology, has partnered with Bel Egypt, the renowned dairy producer behind brands such as “La Vache Qui Rit” and “Kiri.”
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