Kenyan e-Health Startup, MyHealth Africa Closes $1m in Seed Funding for Expansion
MyHealth Africa, a Kenya-based healthtech startup, has raised $1 million in seed funding to expand its presence in Africa. The…
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Owoafara, Nigerian Fintech Startup Secures Funding From ShEquity
Owoafara, a Nigerian fintech startup that provides digital banking to help the world’s unbanked population gain access to financial products…
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Zeraki, Kenyan Edtech Startup Raises $1.8 Million to Facilitate Regional Expansion
Zeraki, a Kenyan educational technology platform that provides digital learning and school data analytics, has raised $1.8 million in early…
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4Di Capital Completes Second Close of a new $25 Million Seed Fund
The second closing of the new $25 million fund managed by South African seed capital firm 4Di Capital has recently…
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Kenya-based Skincare Brand, Uncover secures $1M for Expansion across Africa
Africa’s beauty and personal care market is expanding rapidly as a result of its growing young and fashion-conscious population, rising…
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Orda, a startup in restaurant management in Nigeria, raises $3.4 million in an early round.
Orda, a Nigerian company that develops cloud operating systems for restaurants, has raised US$3.4 million in a seed round to…
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LoftyInc, an Early-stage Afrocentric VC Firm Completes Oversubscribed $14.3m Fund
An early-stage venture capital business called LoftyInc Capital Management has announced the final close of its LoftyInc Afropreneurs Fund 3…
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African Fintech Startup, Djamo Secures $14 Million to Penetrate new Markets
Djamo, a fintech firm in Francophone Africa building a personal finance business, has acquired $14 million in equity funding to…
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Solarise Africa Secures $33.4M for Pan-African Expansion
Solarise Africa, a pan-African Energy-as-a-Service provider, has received a $33.4 million facility from Lion’s Head managed fund, the Facility for…
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Kenyan Startup, Leta Secures $3M to Expand to West Africa in 2023
Leta, a Kenyan startup, has raised $3 million in order to expand across West Africa in 2023. Leta is a…
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Kenyan Agritech Business, Stable Foods Raises $600k in Funding
A Kenyan business called Stable Foods has raised US$600,000 to create a method for producing smallholder food that is climate-smart….
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Betafi Secures $1.3 Million in Pre-seed Funding
With participation from Nir Eyal and creators of top businesses like Razorpay, Pine Labs, Snapdeal, Livspace, and others, Betafi, a…
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Goodwell Investments launches $154m uMunthu II fund
Goodwell Investments, a social impact investment company, has established its EUR150 million (US$154 million) uMunthu II fund with the goal…
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Grinta, Egyptian Digital Pharmacy Startup Secures $8m in Seed Funding Round
In order to build its full-stack tech platform, grow its staff, and spur expansion across the Egyptian market, Cairo-based startup…
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SmartProf, Morocco’s edTech Startup Secures $110,000 in Pre-seed Round for Growth
Smartprof, an online marketplace for children of school age that is based in Morocco and uses edtech, has received a…
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German Startup Programme, develoPPP Ventures Announces €100K Grant for Kenyan and Tanzanian Startups
DeveloPPP Ventures, a startup program sponsored by the German government, has announced a grant of €100,000 for startups in Kenya…
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Kenya’s BasiGo Secures $6.6m in new Seed Funding to Facilitate Commercial Delivery of Electric Buses
In order to launch the commercial delivery of locally produced electric buses and charging infrastructure, the Kenyan firm BasiGo has…
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IFC Announces $225M VC Platform to Support Early-stage Startups in Africa, Central Asia, Middle East
A $225 million venture financing platform has been developed by the International Finance Corporation (IFC) to support early-stage businesses in…
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South African Telehealth Platform, Contro Raises R10.1 Million Pre-seed Round
The Plug & Play, iCubed Capital, WZ Capital, and the Jozi Angels Network participated in the pre-seed round of funding…
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Eden Care, Rwandan Digital Health Insurer Secures Pre-seed Funding Round
Eden Care, a Rwandan insurtech firm that provides businesses and their employees with inexpensive, individualized, and accessible health coverage, has…
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Nigerian Construction Procurement Startup, CutStruct Secures $600k in Pre-seed Funding Round
A US$600,000 pre-seed fundraising round has been completed by Nigerian startup CutStruct Technology to help with the growth and scalability…
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South African Data Collaboration Startup, Omnisient Secures $3.5 Million in Funding
With the aid of Buffet Investments, KLT, and the Shoprite Group as the lead investors, Omnisient, a provider of consumer…
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Blnk, Egyptian Fintech Secures $32 Million to Offer Loans in Egypt
Credit cards are hard to come by in Egypt. Only 4.8 million credit cards, or less than 5% of Egypt’s…
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Quona Capital Secures $332m in Funding Round for Financial Inclusion Investments in Emerging Markets
Quona Capital, a venture capital firm specializing in emerging countries, has announced the final closing of its Fund III at…
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Kenyan startup, Sendy secures investment from MOL PLUS for growth
MOL PLUS, the corporate venture capital arm of Mitsui O.S.K. Lines, has announced funding for Kenyan fulfillment and logistics enabler…
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Egyptian Foodtech Startup, Brotinni Secures $600,000 Seed Fund
A $600,000 Seed round headed by Innlife investments has been raised by the foodtech firm Brotinni in Egypt. Dalia Abou…
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Yassir, Algeria’s Super App Completes $150 Million in Series B Funding
A multi-sided marketplace called Yassir has announced that it has raised $150 million in Series B funding from well-known international…
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Hoods, an Egyptian Live e-Commerce Platform Secures Funding From valU
Hoods, a live e-commerce platform developed in Egypt, has received finance from valU, a division of the Egyptian investment bank…
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Spotter, a Morocco-based Open Finance Startup Secures Undisclosed Funds From UM6P
Open finance start-up Spotter, based in Morocco, has received funding from UM6P Ventures in an undisclosed amount. The notification was…
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CardinalStone Capital Advisers Supports AfyA Care With $6m in Funding
AfyA Care’s Series A capital round will include a $6 million investment by CardinalStone Capital Advisers (CCA), a manager of…
