Innovative Healthtech Startup, Ubenwa Secures $2.5 Million
Ubenwa, a cutting-edge healthtech firm that uses machine learning and artificial intelligence to identify newborns between the ages of 0…
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Vaxiglobal, Zimbabwean Health Tech Startup Bags $250,000 Kofi Annan Award
The Kofi Annan Award for Innovation in Africa has been given to Vaxiglobal, a Zimbabwean startup that uses contactless biometrics…
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Uncap Announces Application for Early-stage Capital for Start-ups in Africa
Start-up companies are encouraged to apply for the possibility to obtain early-stage financing ranging between 10,000 EUR and 50,000 EUR…
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Agtech Ucrop.it Secures $3.1 Million
Ucrop.it, a digital platform that offers value and traceability to sustainable agricultural practices, recently revealed that it had raised $3.1…
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AfricInvest and Cathay Innovation Rounds off Close of €110M Pan-African Venture Fund
The ultimate close of Cathay Innovation and AfricInvest’s joint Pan-African Venture Fund, Cathay AfricInvest Innovation Fund, totaled €110 million. AfricInvest…
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Egypt’s Stllr Network Completes Six-figure Investment Round
After a public beta launch from 500 Global, angel investors through Women Spark, and Falak Angels, Egypt-based Stllr Network has…
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Cassava Technologies Secures $50-Million Investment for Africa’s Cybersecurity
Cassava Technologies, an African integrated tech company, said today that C5 Capital (C5), a specialized venture capital firm that invests…
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SmartProf, Morocco-based EdTech Raises $50,000 to Develop an Integrated Ecosystem
Following its graduation from the third cohort of the Mohammed VI Polytechnic University (UM6P) Startgate and Plug and Play Morocco…
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Catalyst Fund Secures $3.5m From FSD Africa to Promote Pre-seed Impact Ventures in Africa
The top accelerator and pre-seed impact fund for developing market entrepreneurs, Catalyst Fund, a global inclusive tech accelerator managed by…
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Nigeria’s Scorefam Raises $25 Million Capital Commitment for Expansion
A $25 million funding commitment has been made to the Nigerian decentralized sports gambling platform Scorefam by the Bahamas-based investment…
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CrossBoundary Energy Raises US$40M
The Norwegian Investment Fund for Developing Countries (Norfund) and KLP, Norway’s largest pension company, through their joint company KLP Norfund…
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Swipe, Nigerian Fintech Startup Secures $500k Pre-seed for Expansion
Pre-seed funding of US$500,000 has been secured by Nigerian fintech company Swipe this year as it seeks to increase access…
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One-click Checkout eCommerce Startup, DEUNA Raises $30 Million
Activant Capital, Valor Capital, Abstract Ventures, Acrew Capital, Upload Ventures, and a collection of angel investors from firms like Plaid,…
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Persistent Energy Secures $10 Million Equity Round
Africa’s Climate Venture Builder, Persistent Energy Capital LLC, revealed that its Series C round of funding included USD 10 million…
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Kenya’s Solar Panda Secures $8m Series A Funding to Expand its Product Offering
Pay-as-you-go (PAYGo) solar household systems are designed, produced, and sold by the Kenyan and Canadian business Solar Panda, which has…
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Content Monetization Platform, ConsCent Completes $1.75 Million in a Funding Round
According to the startup, a funding round headed by Inflection Point Ventures netted $1.75 million for the content monetization platform…
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Huawei Launches its $6 Million Cloud Spark Programme to Support South African SMEs in the Next 3 Years
Over the next three years, Huawei South Africa promises that its $5.8 million Cloud Spark programme will empower more than…
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Nigeria’s CreditCheck Completes $240,000 in Pre-seed Round
A pre-seed funding round for CreditChek, a Nigerian lender, raised $240,000 under the leadership of Atom Capital, with contributions from…
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Endeavor Secures $292M to Invest in Endeavor Entrepreneurs Worldwide
Endeavor has closed Endeavor Catalyst Fund IV, a $292 million venture capital fund, and it still intends to invest in…
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Wingcopter Secures $42M to Deploy More Than 12,000 Drones in Africa
In order to extend its drone delivery services abroad and increase manufacturing of the Wingcopter 198, the most effective eVTOL…
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Ghana’s SolarTaxi Gets Funding From Persistent to Boost Offering
Persistent has provided cash to the Ghanaian e-mobility business SolarTaxi in order to expand its product line. SolarTaxi is an…
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Money Transfer Firm Wave Acquires €90 Million From IFC to Promote Financial Inclusion in Senegal & Cote d’Ivoire
Wave Mobile Money, which operates in Senegal and Côte d’Ivoire to cut costs and increase services in the area, has…
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Tunisia’s Fintech Startup Paymee Secures Six-figure Round to Scale
Paymee, a fintech firm that provides an online payment gateway, has completed a six-figure fundraising round with P1 Ventures as…
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Kenya Startup, Duhqa Secures $2m in Seed Round Funding
In order to expand its service offerings throughout Kenya and East Africa, the Kenyan startup Duhqa, a B2B platform for…
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Sava Raises $2 Million in Pre-seed Funding to Develop a Spend Management Platform for African Entrepreneurs
A spend management software will assist African firms to control their spending and cut down on the time spent on…
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Moove Receives $20m Debt Funding From British International Investment
The UK government’s Development Finance Institution (DFI), the British International Investment (BII), said on Thursday that it has invested $20…
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Norway’s Ignite Procurement Secures $7.1 Million in Series A Funding Round
Ignite Procurement, based in Oslo, has secured $7.1 million in a Series A fundraising round. Ignite gives procurement experts a…
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Mexican Proptech Around Secures $3.8 Million
In order to grow from Mexico to the rest of Latin America, Proptech Around, the “Netflix of real estate,” raised…
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Proparco Group Closes Pre-Series-A Investment in Moringa to Promote its Africa Expansion
To help Moringa expand outside of Kenya, renowned investor Proparco (AFD Group) has completed a pre-series-A investment in the tech-based…
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Ghana’s Fido Secures $30M in Series A Round to Launch New Products and Facilitate Pan-African Expansion
Fido, a fintech company with headquarters in Ghana, has raised $30 million in a Series A round of fundraising with…
