Tech fund Norrsken22 raises R3.7bn for investment in SA, Nigeria, Kenya and Ghana

Good news for continent’s venture capital ecosystem after closure of Naspers FoundryTech fund 05 November 2023 – 19:11 by Mudiwa Gavaza Tech investment fund Norrsken22 has closed its first African technology growth fund at R3.7bn for investment in SA, Nigeria, Kenya and Ghana. This development will be good news for the continent’s venture capital ecosystem after

Africa poised to be a world fashion leader

Audrey Azoulay, UNESCO Director-General  A growing, worldwide interest in African cultural and fashion events supports the findings of a new report showing that Africa holds all the cards to become a global leader in fashion. SPECIAL REPORT | BIRD AGENCY | Africa’s young, innovative, and growing population, a rising middle class, rapid urbanization, and increased

Nigeria beat Kenya to reach final – The Sun Nigeria

Nigeria Women National Hockey team has qualified for the final of the Africa Hockey Olympic Qualifier after beating Kenya 1-0 on Thursday. Having lost 4-0 to host South Africa in its opening pool A match, Ndana Baba led team managed to beat Zimbabwe 2-1 in the last Pool A game to book a place with

Skype, Flutterwave founders back $205m African tech fund

Norrsken22, an Africa-focused venture capital firm, received the backing of more than 30 unicorn founders and institutions to raise $205 million for new tech investments on the continent. The fund — which counts the likes of Skype’s Niklas Zennström, Delivery Hero’s Niklas Östberg, and Flutterwave’s Olugbenga Agboola among its investors — is seeking the next

Naira Closes Stronger on Dollar at NAFEM, P2P, Black Market || Business Post Nigeria

By Adedapo Adesanya  The Naira on Friday recorded one of its best performances across the board, including in the Nigerian Autonomous Foreign Exchange Market (NAFEM), on optimism spurred by the Central Bank of Nigeria (CBN) clearing matured forward FX contracts with a number of banks as part of a key step targeted by the government

Keep Walking: Africa Top 30 List 2023 Announced

Meet Africa’s Next-Gen Cultural Shape Shifters The recipients in the second, annual Keep Walking: Africa Top 30 List have been announced, presenting a select group of next gen African creatives & visionaries who are boldly pushing culture forward while making impact on the continent’s creative economy, across music, film, media, fashion, and art. An innovative

Despite Global Slowdown, Norrsken22 Closes Debut Fund at $205m for African Tech Investment

Advertisements Venture capital firm Norrsken22 has surpassed its initial target with the finalization of its debut fund at $205 million.  The success of Norrsken22 stresses growing investor interest in supporting African startups, particularly in the critical growth stage of their development. Founded by a team with extensive experience in venture capital and private equity, including

Climate Finance Accelerator South Africa: Call for Proposals

Application Deadline:  17 November 2023 The Climate Finance Accelerator (CFA) is a global technical assistance programme funded by the UK government to support climate smart projects to access finance. The CFA operates in ten countries (Nigeria, Colombia, South Africa, Egypt, Uganda, Türkiye, Mexico, Peru, Pakistan and Viet Nam) with the aim of encouraging the flows