Satgana Secures €30 Million Fund to Assist African Climate Tech Startups
A $30 million fund has been closed by Satgana, a European venture capital (VC) company with its headquarters in Luxembourg,…
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Global VC Flourish Announces Madica, an Africa-focused Program to Support Pre-seed-Stage Startups
Some of the biggest obstacles facing startup founders in sub-Saharan Africa are access to finance and a lack of support…
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Classera, Global Edutech Firm Secures $40 Million in a Series A Funding Round
Classera, an international edtech business that specializes on emerging markets, has secured $40 million in a Series A round, making…
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MoneyFellows, Egyptian Fintech Startup Secures $31m in Series B First Closing
MoneyFellows is a smartphone platform that digitalizes money circles, also known as Rotating Savings and Credit Associations (ROSCAs), which are…
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Egyptian Proptech, Seqoon Secures $500,000 pre-Seed Round to Assist Innovative Startups
Real estate co-ownership startup Seqoon, located in Egypt, raised $500,000 in a pre-seed round through Banque Misr’s pilot program to…
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Egyptian Fintech Startup, Kiwe Secures Funding From valU
With a focus on the unbanked, the Egyptian fintech firm Kiwe has received funding from valU, an EFG Hermes Holding…
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Kenyan Furniture Company, Moko Secures $6.5 Million
The Moko Home + Living furniture company in Kenya has just raised $6.5 million to expand. The Serie B debt…
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Dooka Joins Forces With Tradeshift to Launch Africa’s Biggest B2B Marketplace
A pan-African digital marketplace for business-to-business trade has been launched by Dooka in collaboration with Tradeshift, the worldwide network for…
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Solv, B2B Supply Chain Financing Platform Starts Operations With Over $8.3m Credit for Lending by Financial Institutions
In Kenya, SC Ventures, the innovation, fintech investment, and ventures arm of Standard Chartered, has begun operating Solv, a business-to-business…
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Moove, Nigerian Mobility Fintech Startup Secures $16.8m Financing Facility to Fast-track UK Operations
Following a successful debut in August, Nigeria-based mobility fintech startup Moove—largest Uber’s car supply partner in EMEA—has raised GBP15 million…
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i‘SUPPLY, Egyptian B2B Pharma Platform Completes $1.5m Pre-seed Funding Round
B2B pharmaceutical platform i’SUPPLY, based in Egypt, has secured US$1.5 million in a pre-seed round to expand throughout the Middle…
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Bumpa, a Nigerian e-Commerce Startup Raises $4 million to Support Marginalized SMEs
Bumpa, a Nigerian e-commerce startup, has announced a $4 million raise in its recently concluded seed funding round. Plug &…
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MaxAB Secures $40M to Accelerate Growth, Regional Expansion
MaxAB, a B2B e-commerce and distribution platform for food and grocery products that serves a network of conventional merchants in…
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Kenzz, Egyptian e-Commerce Solution Secures $3.5 Million Seed Funding
The MENA region’s and Egypt’s mass e-commerce solution, Kenzz, announces the successful completion of a US$3.5 million seed fund campaign….
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Trella, an Egyptian B2B trucking startup, receives another $6 million in debt financing.
To support the expansion of its activities, the Egyptian B2B trucking marketplace Trella has obtained an additional sizeable finance facility…
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Lifestores Secures $3M pre-Series A Round for Expansion
Nigerian health technology company Lifestores Healthcare has raised $3 million in a pre-Series A round led by Health54, the CFAO…
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Egypt’s Glamera Raises $1.3m Seed Round for MENA Expansion
Booking site for beauty services in Egypt, Glamera, has secured a US$1.3 million seed round to support the growth of…
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Vezeeta, Egyptian Healthtech Secures Undisclosed Funding for Growth
In order to support its expansion goals and upcoming M&A acquisitions in MEA, Egypt-based health tech company Vezeeta, the leader…
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CardoO, an Egyptian IoT Devices Manufacturer Secured a $660,000 Seed Round
IoT device maker CardoO, based in Egypt, has raised a $660,000 seed round of funding, which was led by The…
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Stears, Nigerian Data Startup Raises a $3.3 Million Seed Round for Growth
Stears, a Nigerian data startup, has completed a $3.3 million seed round in order to grow throughout other African nations….
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Partment, Egyptian Prop-tech Startup Secures $1.5m Funding
A US$1.5 million pre-seed investment round has been closed by Egypt’s Partment, a prop-tech business that provides co-owned second homes….
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Purple Elephant Ventures Secure $1 million in Pre-seed Round
The world’s first venture studio with a tourism focus, Purple Elephant Ventures (PEV), is based in Kenya and has closed…
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Tanda, Kenyan Agency Banking Startup Completes Pre-series A Round for Expansion
To speed up product development and client acquisition in Kenya and elsewhere, Kenyan agency banking as a service provider Tanda…
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InGame Sports, Egyptian Gaming Startup Secures $1m Pre-seed Funding
InGame Sports, an Egyptian gaming and sports technology business, has raised approximately US$1 million in cash, in-kind assets, and grants…
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Spleet, Nigerian Proptech Startup Secures $2.6 Million Seed to Penetrate Other Markets
It is generally acknowledged that Lagos has a serious housing shortage issue. The state’s large size and high population density…
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Algebra Ventures, Egyptian Venture Capital Firm Announces its First Close of Second Fund at $100M
Algebra Ventures, an Egyptian venture capital firm with a MENA emphasis, announced the opening of its $90 million second fund…
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Mazaya, Egyptian B2B e-Commerce Marketplace Secures a $5m Pre-seed Round
The B2B e-commerce platform Mazaya, based in Egypt, has raised $5 million in pre-seed capital to develop its operations there…
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30 African e-Health Startups Eligible for $50k Grant, Support From i3 programme
The pan-African Investing in Innovation (i3) program has chosen thirty African e-health firms to participate, providing them with a US$50,000…
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Numida, Ugandan FinTech Startup Secures $12.3 Million in pre-Series A Round
Small and medium-sized businesses (SMEs) are very important in Africa. An estimated 80% of jobs on the continent are held…
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iiDENTIFii, Biometric Authentication Platform Secures $15 Million for Pan-African Expansion
A South African-based automated platform called iiDENTIFii has raised $15 million in growth capital to offer a remote digital biometric…
