Egyptian e-commerce startup, Wasla secures $9 million
Wasla, an Egyptian ecommerce startup, has received a $9 million investment from Contact Financial Holding, the country’s largest non-bank financial…
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Earnipay, a Nigerian fintech startup, raises $4 million in venture funding for expansion
Earnipay, a Nigerian fintech firm that provides flexible and on-demand salary access to income earners, has raised US$4 million in…
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SA’s Zindi secures $1m in a seed round for growth
Zindi, a professional network of data scientists based in South Africa, has raised a US$1 million seed funding round to…
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Nigerian agency banking startup CrowdForce secures $3.6m in pre Series A round
CrowdForce, a Y Combinator-backed agency banking platform based in Nigeria, has raised a US$3.6 million pre-Series A funding round to…
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Flutterwave completes $250m Series D with valuation at over $3bn
Flutterwave, a Nigeria-based fintech company, has raised $250 million in Series D funding, its single-largest investment to date, valuing the…
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MoneyHash, an Egyptian fintech startup, raises $3 million in pre-seed funding as it exits beta
MoneyHash, an Egyptian fintech startup that uses a universal API and a unified checkout experience to help businesses consolidate and…
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Ndovu, a Kenyan wealth-tech startup, has launched following a pre-seed funding round
Ndovu, a Kenyan wealth-tech startup, has begun operations after securing a pre-seed funding round in October, with the goal of…
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Nawy, Egyptian prop-tech startup secures $5m seed round
Nawy, an Egyptian prop-tech startup, has raised $5 million in seed funding to help it expand across the region. Nawy,…
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SA fintech startup Stitch completes $21m Series A round for expansion
Stitch, a South African API fintech startup, has raised a Series A funding round of US$21 million to expand its…
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Remedial Health raises $1 million in pre-seed funding to digitize pharmacies in Nigeria
Remedial Health has received a $1 million pre-seed investment to digitize pharmacies and reduce the supply of counterfeit and substandard…
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Mr. Green Africa, Kenyan recycling startup completes latest round of funding
Mr. Green Africa, a Kenyan plastics recycling pioneer, has received a significant investment from impact investors and key industry stakeholders…
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Mecho Autotech, Nigerian startup secures $2.15m seed funding
Mecho Autotech, a Nigerian vehicle repair and maintenance startup, has raised $2.15 million in seed funding to expand its capacities…
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BasiGo receives $4.3 million in seed funding to accelerate mass transit EV adoption in Kenya
BasiGo, a Kenya-based electric vehicle startup, has raised $4.3 million in seed funding three months after establishing operations in East…
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App for Egyptian investment Tiger Global, Prosus Ventures, and others invest $20 million in Thndr.
The MENA region has approximately 400 million people and a $500 billion annual savings. However, because they are a young…
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Egypt’s Swvl secures extra $21.5m PIPE funding
Swvl, an Egyptian mobility company, has raised an additional $21.5 million in private investment in public equity (PIPE) as part…
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ChapChap, Ugandan fintech startup completes funding round
ChapChap, a Ugandan fintech startup that creates trustworthy financial profiles for MSMEs, has received funding from Nordic Impact Funds to…
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Afya Rekod, a Kenyan e-health startup, has raised a $2 million seed round
Afya Rekod, a Kenyan e-health startup, has closed a US$2 million seed round to help it scale across the continent….
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SA auto-tech Carscan has received a $1.3 million follow-on investment
South African startup Carscan, a leading AI and AR app active in the auto-insurance space, Augmented reality app, has raised…
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Reliance Health, a Nigerian healthtech startup, has raised $40 million in funding led by General Atlantic
There’s no denying that the pandemic has fueled global growth in healthtech over the last three years. The event has…
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Tunisian artificial intelligence startup, InstaDeep secures $100 million in Series B funding
InstaDeep, a Tunisian artificial intelligence startup, has closed a $100 million Series B funding round led by Alpha Intelligence Capital…
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Nigerian investing platform, Bamboo raises $15 million in Series A funding
Greycroft and Tiger Global, two American venture capital firms, led a $15 million Series A funding round for Nigerian investment…
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Ndovu, wealth-tech startup officially unveils venture in Kenya after pre-seed round
Ndovu, a wealth-tech startup that provides customers with instant access to global financial markets, officially launched its product suite in…
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Mobility company, Moove secures $10m funds from NBK Capital and Mezzanine Fund
Moove, Africa’s Mobility Fintech and Uber’s only car supply partner in Africa, has secured a $10 million financing facility backed…
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AltSchool Africa secures $1m to address Africa’s shortage of entry-level talent
In recent years, the emphasis on tech talent development in Africa has shifted from entry-level to senior talent development. In…
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Norrsken, VCs, and 30 unicorn founders have established a $200 million fund to support African growth-stage startups
Niklas Adalberth’s Norrsken Foundation has made headlines again, just two months after launching its Norrsken House in Kigali, Rwanda, with…
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Brimore, an Egyptian social commerce startup, has raised $25 million in funding led by IFC and Endure Capital.
By 2024, the Egyptian social e-commerce market will be worth more than $14.8 billion. The market opportunity can be attributed…
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Tanzania’s NALA secures $10m seed funding for expansion
NALA, a Tanzanian cross-border payments firm, has raised $10 million in seed funding. Amplo, Accel $ Bessemer Partners, and DFS…
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TLcom Capital reveals plan to raise $150M for its second fund to invest in 20 African startups
TLcom Capital, the Africa-focused venture capital firm known for its investments in Andela and Twiga, is raising $150 million for…
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Sote, Kenyan logistics startup completes $4m seed round for expansion into fintech
Sote, a Kenyan supply chain company, has raised a US$4 million seed extension round in order to expand its offering…
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Ghanaian fintech startup OZÉ secures $3m to expand capacities of its platform
OZÉ, a Ghanaian fintech startup that offers MSMEs digital recordkeeping tools with embedded finance products, has raised a US$3 million…
