Egyptian blockchain startup Pravica raises funding to scale operations
Cairo-based startup Pravica, a communication platform using blockchain technology to empower user privacy and security, has secured an undisclosed investment…
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Flat6Labs announces 2nd close of Tunisia seed fund at $10m
Flat6Labs, a regional seed and early-stage VC firm, has announced the second close of its Tunisia-based Anava Seed Fund (ASF),…
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Nigerian crypto exchange Yellow Card raises $15m Series A funding
Nigerian cryptocurrency exchange Yellow Card has raised US$15 million in Series A funding to ramp up hiring and continue its…
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Moroccan e-health startup DataPathology raises $223k funding
Moroccan e-heath startup DataPathology has raised MAD2 million (US$$223,000) to help it transform the pathological diagnosis system and improve services…
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Input Output launches $6M fund for startups to build on Cardano in Africa
Input Output has launched a six million dollars (USD) blockchain fund in Africa, to invest in the most innovative blockchain projects, who…
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Fintech dopay Raises US$18 Million Series to scale in Egypt
Dopay, the B2B2C payments platform serving 1.7bn unbanked workers in emerging markets, has closed a US$ 18 million Series A…
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As remote work becomes normal, Ukio raises $9M for premium long-term rentals
Startups have spent the last decade trying to offer every variation of Airbnb that they can imagine. But Ukio thinks it has…
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LG is acquiring automotive cybersecurity startup Cybellum in a $240M deal
LG Electronics, the Korean tech giant that once was a leading player in mobile phones but is now winding down that…
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Egyptian commerce marketplace Shiphaly secures 6-figure seed funding round
Egyptian startup Shiphaly, a platform connecting shoppers and travellers, has raised an undisclosed six-figure seed funding round from angel investors…
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Egyptian social commerce startup Brimore secures investment from Fawry
Egyptian social commerce startup Brimore has raised funding from e-payments solutions and banking services provider Fawry, the North African country’s…
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Uganda’s gnuGrid raises $612k seed round as it pivots into fintech space
Ugandan startup gnuGrid has increased the size of its seed funding round to US$612,500 as it pivots its product offering…
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Alpha Medical closes $24M Series B round to expand women’s telehealth — without the video calls
Alpha Medical, a telemedicine company focused on women’s healthcare, closed a $24 million Series B round on Tuesday. It’s another…
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Cartona gets $4.5M pre-Series A to connect retailers with suppliers in Egypt
Today, Cartona is announcing that it has raised a $4.5 million pre-Series A funding round to connect retailers and manufacturers via an…
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VC Mark Suster: “The bet we’re making now is on founder skills,” instead of customers or products
We recently caught up with longtime VC Mark Suster of L.A.-based Upfront Ventures, which last raised both an early-stage fund and…
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Nigerian startups can pitch for share of $30k pre-seed equity pool at StartupSouth event
Nigerian startups have been invited to apply to pitch for share of a US$30,000 pre-seed equity funding pool provided by…
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Egyptian e-health startup Sotech raises $1m pre-seed funding round
Egyptian e-health and IoT solutions startup Sotech has raised US$1 million in pre-seed funding to scale into the rest of…
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The Global Innovation Initiative Group plans to invest $100 million in Africa to help the continent’s tech sector grow
The Global Innovation Initiative Group has announced the creation of a fund to support African innovation. Over the next three…
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$100M innovation fund to fuel tech investments across Africa
The Global Innovation Initiative Group (GIIG) stands out as an investment vehicle supporting early-stage tech startups by establishing a new fund aimed…
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African genomics startup 54gene raises $25M to expand precision medicine capabilities
Written by Tage Kene-Okafor Less than 3% of genetic material used in global pharmaceutical research is from Africa. The staggering gap…
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Nigerian agri-tech startup Releaf secures $4.2m in seed funding, grants
Written by TOM JACKSON Nigerian startup Releaf, which develops proprietary hardware and software solutions to drive the industrialisation of food processing…
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Swedish caller-identification service Truecaller seeks to raise over $100 million in IPO
Written by Manish Singh Truecaller, which operates an eponymous caller-identification service, said on Wednesday it is looking to raise $116 million…
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Egyptian fintech startup Kashat raises $1.75m bridge funding round
Written by TOM JACKSON Egyptian fintech startup Kashat has raised a US$1.75 million bridge funding round to further develop its…
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Nigerian-led legal tech startup Definely raises £2.2m seed fund led by Microsoft
Written by Ejike Kanife Nigerian-led legal technology startup, Definely has announced a £2.2 million funding round. The funding round was led by…
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ColdHubs (Nigeria) and Hello Tractor (Kenya) are the winners of Heifer International’s US$1.5 million AYuTe Africa Challenge
The winners of the inaugural US$1.5 million Heifer International AYuTe Africa Challenge were announced today: Nnaemeka Ikegwuonu, founder and CEO…
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Egyptian startup Capiter raises $33M to expand B2B e-commerce platform across MENA
Written by Tage Kene-Okafor Funding startups that help manufacturers and sellers distribute products and merchants access them on a single…
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APPLY: €60,000 up for grabs at Tony Elumelu Foundation programme for women entrepreneurs
Writteb by Joan Aimuengheuwa Implemented by the Tony Elumelu Foundation, the Women Entrepreneurship for Africa (WE4A) programme is set to…
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Nigerian one-click checkout platform OurPass raises $1M pre-seed, wants to build ‘Fast for Africa’Wr
Written by Tage Kene-Okafor We like to buy things online ranging from e-commerce stores to subscription-based sites. However, no one enjoys…
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Nigeria’s Prospa gets $3.8M pre-seed to offer small businesses banking and software services
Written by Tage Kene-Okafor In Nigeria, there are more than 40 million micro-businesses underserved in some form or another regarding…
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Kenyan energy company Solarise Africa secures $5.9m debt financing for growth
Written by TOM JACKSON Kenya-based energy leasing company Solarise Africa has secured EUR5 million (US$5.9 million) in debt financing from…
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Moroccan fintech startup Lacaisse raises funding round to help it scale
Written by TOM JACKSON Morocco-based startup Lacaisse, which offers a digital solution for the management of physical points of sale…
