Kenya’s Poa Internet closes US$28m financing round to expand its offerings

KENYA – New generation internet service provider Poa Internet and Africa50, an Investment Bank for Infrastructure in Africa, have announced the completion of the latter’s equity investment into Poa. This funding is part of the US$28 million financing round led by Africa50, which will be used to support the company’s future growth plans across Kenya, as well as launch the business into further…

Read More

Logistics provider Speedaf express closes Series A+ financing round led by Trustbridge

AFRICA – Speedaf express, a China-Africa integrated logistics service provider, has closed a Series A+ financing round led by Trustbridge with participation from Northern Light Venture Capital and Vision Capital. The investment will be used for logistics network expansion in emerging markets, IT system construction and talent team structuring. “We sincerely thank our new and original shareholders for their trust…

Read More