IFC

Janngo Capital closes $78m second fund

With this fundraising, Janngo Capital says it becomes Africa's largest venture capital firm dedicated to advancing gender equality.
Samuel Mungadze
1:50
Jun 20, 2024

IFC, Proparco, RMB partner WIOCC to expand digital infrastructure

With the new funds, WIOCC Group plans to develop its core and edge data centres in the Democratic Republic of the Congo, Nigeria, and South Africa.
1:40

Sony Innovation Fund invests in South African game firm Carry1st

Sony Innovation Fund: Africa invests in entertainment start-ups including those in the gaming, music, movie, and content distribution sectors.
4:20

Custom digital solutions are no longer reserved for large enterprises

Research by Microsoft shows that 47% of small businesses find the cost of new technologies to be the most restrictive factor to adoption.
1:30
Dec 14, 2023

Ghana gov’t gives green light on mega solar power project

Project touted as Africa’s largest rooftop solar installation.
1:10

Sony targets African entertainment start-ups with $10m fund

Sony Innovation Fund: Africa will invest in the gaming, music, movie, and content distribution sectors.
1:30

SA credit regulator, IFC announce hackathon for credit providers

The initiative seeks to encourage and facilitate the adoption of digital processes for regulatory compliance by small credit providers.
3:10
May 15, 2023

Fintech M-KOPA raises $250m to scale across Africa

With the new funding, the business aims to grow its smartphone services, expand its model to new markets and extend its financed product set.
1:40
Dec 14, 2022

Airtel Africa borrows US$194m to drive up subscription

Operator confirms loan facility through IFC to support investments in several new countries.
2:50
Oct 2, 2022

IFC backs WIOCC Group expansion with US$30m investment

Investment to support WIOCC Group’s continued rollout of terrestrial fibre-optic networks, in new subsea cables, and open-access core and edge datacentre infrastructure.
1:50
Aug 24, 2022

West Africa’s Rack Centre racks up additional certification

Carrier neutral Tier III constructed datacentre achieves ISO 45001 certification.
3:20
Jun 20, 2022

Rack Centre racks up IFS EDGE certification

Company asserts it is the first datacentre with this certification in EMEA.