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Canal+ acquires Nollywood studio ROK from IROKOtv to grow African film

French television company Canal+ has acquired the ROK film studio from VOD company IROKOtv for an undisclosed amount. Founded by Jason Njoku in 2010—and backed...

PayU, Naspers’ global fintech firm, enters Southeast Asia with acquisition of...

PayU, the Naspers owned fintech firm that specializes in emerging markets, is broadening its global reach into Southeast Asia after it announced a deal...

South African SME finance startup Lulalend raises $6.5M Series A

South African digital lender Lulalend has raised a $6.5 million Series A round co-led by IFC and Quona Capital. The Cape Town based startup uses...

African fintech dominates Catalyst Fund’s 2019 startup cohort

African fintech has taken center stage for the Catalyst Fund, a JP Morgan Chase and Bill & Melinda Gates Foundation-backed accelerator that provides mentorship...

MAX.ng raises $7M round backed by Yamaha and pilots EVs in...

Nigerian motorcycle transit startup MAX.ng has raised a $7 million funding round led by Novastar Ventures, with participation of Japanese manufacturer Yamaha. Based in Lagos,...

Zipline’s new $190 million funding means it’s the newest billion dollar...

With a valuation of over $1 billion and $190 million in new financing, Zipline has become the latest contender to be the leader in...

Partnering with Visa, emerging market lender Branch International raises $170 million

The San Francisco-based startup Branch International, which makes small personal loans in emerging markets, has raised $170 million and announced a partnership with Visa to...

Investors are pouring money into Latin America’s logistics and shipping businesses

New technology companies are poised to transform the shipping and freight industry across Latin America. Startups like Liftit, a Colombian provider of trucking services, and...

LetsTransport raises $13.5M to digitize and improve last mile logistics in...

India’s B2B supply chain is slowly shifting into the digital era. Following a $23 million investment for Moglix, which helps bring business and manufacturing...

Byju’s targets global expansion for its digital education service after raising...

India-based educational startup Byju’s was widely reported to have raised a massive $400 million round and now the company is making things official. The...