Octiv, Fitness Software Startup Secures Eight-figure Series A Round From Knife Capital
Octiv, a South African platform for managing gyms, has completed an eight-figure Series A fundraising round, which was headed by…
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Mobile Power Limited, Nigerian Alternative Power Company Secures £1 Million From All On
Mobile Power Limited has received a £1 million investment from All On, an independent impact investing firm with Shell funding,…
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Pezesha, Kenyan Fintech Startup Closes $11 Million in Pre-Series A Round for Expansion
Pezesha, a Kenyan fintech startup, has raised $11 million in pre-Series A equity debt and expanded into Nigeria, Rwanda, and…
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Sharwa, Egyptian Mobile Commerce Startup Secures $2m Seed Round
Sharwa, an Egyptian startup, has raised $2 million in seed funding as it prepares to launch its mobile app, which…
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SubsBase, Egyptian Subscription Management Platform Secures $2.4m Seed Round
SubsBase, an Egyptian subscription, and recurring revenue management platform has raised US$2.4 million in a preliminary round of funding to…
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Nigerian Fintech Startup, Grey Secures $2M for Cross-border Payments Play, Regional Expansion
To make it easier for Nigerians and other Africans to make overseas payments, fintech companies frequently provide virtual foreign bank…
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Microtraction Reveals a $15 Million First Close of Their Community Fund to Assist Early Stage Startups in Africa
A US$15 million first close of Microtraction’s second fund has been announced. Microtraction is an early-stage venture capital firm that…
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Cape Town’s Stock Exchange Completes $5-Million Funding Round
Today, the $5 million financing round for the city’s fintech stock exchange, the Cape Town Stock Exchange (CTSE), was closed….
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Koolboks, Nigerian Cold Storage Solutions Startup Secures $2.5M for Expansion Across Africa
In order to develop its pay-as-you-go cold storage service for off-grid users in Kenya, Koolboks, a Nigerian cold storage firm,…
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African Logistics Company, Lori Systems Secures pre-Series B Funding From Google
Google recently invested an unknown sum in Lori Systems, an African digital logistics startup. This is Google’s third such investment…
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Pastel, Nigerian Startup Secures a $5.5 million Seed for Expansion
Pastel, a Nigerian startup, has raised $5.5 million in seed funding in order to expand its product offerings. The round…
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Egypt’s BONBELL seeks $10 million in seed funding after raising $350,000.
Egypt’s startup BONBELL, the first mobile App in the Food-tech industry specialized in food ordering, and digital solutions for table…
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SodaWorld, South African Metaverse Startup Receives Funding From Swiss CV Venture Capital Firm
To help artists get the much-needed income from their work in the Metaverse, Swiss venture capital firm CV VC has…
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TeamApt, Nigerian Fintech Startup Secures Over $50 Million to Expand its Credit Offerings
Nigerian fintech firm TeamApt recently secured more than $50 million in funding to increase the range of loan products it…
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South African Startup, DataProphet Receives $10m Series A round to Scale
DataProphet, a South African startup that utilizes artificial intelligence (AI) to help manufacturers automate their processes, has finished raising its…
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Zeepay Secures USD10 Million in Series A Round
Zeepay, a challenger mobile money provider that specializes in cross-border payments, has announced financing of USD 10 million. The medium-term…
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Tripesa, Ugandan Tourism-tech Startup Secures Pre-seed Funding Round
Before expanding across the continent, the Ugandan firm Tripesa is focusing on finding the right product-market fit. Tripesa was once…
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Ghanian Fintech Startup, Zeepay Raises $10m in Series A Funding Round
Zeepay, a Ghanaian mobile financial services firm that specializes in offering integrated mobile payment services, has raised $10 million, with…
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Energy Tech Company, Beacon Power Services Secures $2.7M for Expansion
A seed round of $2.7 million has been secured by energy technology business Beacon Power Services (BPS), which provides data…
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Egyptian Web3-focused Venture Studio, Qurious Labs Secures Funding From Openner
Qurious Labs, an Egyptian Web3-focused venture studio, has raised money from Openner in an effort to support fearless businesspeople in…
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Proto Secures $5.6 Million in Series A Funding
A $5.6 million Series A fundraising round, headed by Mucker Capital, was successfully completed by Proto, a Canadian company that…
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Egyptian Furniture Marketplace Homzmart Secures $23 million in Pre-Series B Round
Homzmart, an online marketplace for furniture and home goods located in Egypt, has raised a $23 million pre-Series B investment,…
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Nigerian Identity Verification Startup, Youverify Secures $2.5 Million Seed Fund for Expansion
A $1 million seed round extension has been announced by Youverify, an identity verification firm with offices in San Francisco…
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Skrmiish South African Gaming Startup Raises $2.5m Seed Round to Accelerate Growth
A US$2.5 million seed round has been raised by the Cape Town-based Skrmiish, a mobile “play-to-earn” software that allows players…
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Oui Capital, Nigerian VC Firm Announces a Second Fund of $30 Million
TeamApt, a fintech business in Nigeria, announced its Series B investment in July 2021. Global Ventures, Oui Capital, Kepple Africa…
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Evolutics, Nigerian Insurtech Secures $250,000 to Develop Digital Insurance Infrastructure in Africa
A $250k pre-seed round of funding has been raised by EVOLUTICS, a Nigerian start-up that provides software solutions to insurance…
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Outsource Monetic, Senegalese Fintech Startup Secures Funding to Build Omnichannel Atm Network in Africa
Outsource Monetic Group, an American and Senegalese fintech based in Atlanta, GA, announced this week the completion of a pre-seed…
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Michanic, South Africa Mobile Car Service Receives $400k Debt Capital From MultiChoice Innovation Fund
Michanic, a South African mobile car service and repair platform, has received US$400,000 in debt capital from the MultiChoice Innovation…
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South African Startup, Qwili Raises a $1.2 Million Seed Round
Qwili, a hybrid hardware-software startup based in Cape Town, has raised US$1.2 million in an oversubscribed seed funding round to…
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Cartona, Egyptian B2B e-Commerce Platform Completes $12 Million Series A Round
SANAD Fund for MSME, an impact investment fund committed to assisting business owners in the Middle East and North Africa,…
