Funding
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1.7KPersistent Energy raises $10 Million Equity Round to grow climate venture building in Africa
Persistent Energy Capital LLC, Africa’s Climate Venture Builder, announced that it has raised USD 10M in equity in its Series C round. ...
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2.3KIFC Invests in Mobile Money Firm Wave to Boost Access to Digital Financial Services in West Africa
To spur financial inclusion and support economic growth in Senegal and Côte d’Ivoire, global development institution, IFC has announced an investment in...
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15.9KKenyan Startup, Duhqa, Closes $2 Million Seed round
Founded in 2021 Duhqa is a B2B retail tech platform that empowers informal African merchants to digitally source and pay for inventory,...
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2.1KNigerian Fintech, Moove, secures $20 million credit from British International Investment
British International Investment (BII), the UK government’s Development Finance Institution (DFI), formerly known as CDC Group, has announced a $20 million, 4-year...
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2.1KKenyan Digital Insurance firm, mTek, raises $3million
Following a recent $1.50 million investment, Kenyan insurtech, mTek, has secured an additional investment commitment from African-focused fintech platform, Finclusion Group, to-date...
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2.6KJumba Raises $1Mil Pre-Seed Round to Build Construction Tech in Africa
Jumba, a construction tech startup whose vision is to rationalize the construction supply chain in Africa, has raised a $1 million pre-seed...
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1.6KMFS AFRICA ANNOUNCES THE EXTENSION OF ITS SERIES C TO US$200 MILLION
MFS Africa, a digital payments network, has announced that it has secured an additional US$100 million in equity and debt funding led...
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14.8KVirridy closes a $5.5 million Series A Funding led by Accord Capital
Virridy, dedicated to improving the management of environmental resources through technology, has announced a $5.5 million Series A funding to accelerate the...
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2.0KGOMYCODE raises $8 million Series A round
Tunisian ed-tech startup GOMYCODE recently closed an $8 million Series A round led by AfricInvest, through the Cathay AfricInvest Innovation Fund (CAIF),...
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1.7KWafR closes $1.075 million seed round
WafR, an application that allows retail brands to broadcast smart promotions to grocers to increase their market share on the traditional channel,...
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1.8KIndicina announces a $3million Seed Fund led by Target Global with participation from Greycroft
Focused on building API-driven credit infrastructure for Africa, Indicina raised $3 million in a Seed round to foster the commitment to the...
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2.1KTalk360, International calling app, has secured $4 million in funding
International calling app Talk360, which enables people around the world to make reliable and affordable calls to any landline or mobile phone...
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2.2KAyoken raises $1.4 Million Pre-Seed to Build Africa’s First NFT Marketplace
Founded by Joshua King in 2021, Ayoken, the first platform for buying exclusive digital collectables, and social tokens from the musicians, sports...
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1.8KEgypt’s Esaal raises $1.7 million Seed
Esaal, one of the largest technology platforms for online health and wellness consultations in the MENA region, has completed the final tranche...
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1.6KVerdant Capital arranges a USD 10 million Debt Capital Raise for UsPlus Limited
UsPlus, a South African based specialist SME financing firm, has on the back of the further successful debt raise through its ZAR...
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1.9KEgypt’s online used-car retailer Sylndr raises $12.6 million pre-Seed round
Egypt’s online used-car retailer Sylndr has raised $12.6M for its pre-seed round led by RAED Ventures, with participation from Algebra Ventures, Nuwa...
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1.8KDoxx, an Egyptian Healthcare Start-Up Raises $1.5Million in Seed Round for its Digital Healthcare Platform
Doxx launches a digital platform in the MENA region, connecting medical professionals and institutional healthcare providers including pharmacies, labs, scans, and insurance...
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2.2KBamba secures $3.2M Raise
Bamba, a mobile-first enterprise software for micro-merchants in Africa, has secured $3.2m in seed funding to scale its app and build out...
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2.8KZuri Health Closes Pre Seed Round at $1.3m
Zuri Health, the digital healthcare company which provides healthcare via mobile, has announced that it has completed a funding round attracting investment...
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2.5KWhy African startup founders becoming investors is “fantastic” for the ecosystem
African startup founders becoming investors in their counterparts even while they are still building their own businesses is “fantastic” for the continent’s...
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1.7KLeapFrog and Tana invest in Interswitch
LeapFrog Investments and Tana Africa Capital have announced a strategic investment in Interswitch, a technology-driven company focused on the digitization of payments....
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6.0KThe New Funding Game – The Rise of Syndicates, Debt & The Changing VC landscape
Panelists at Africa Tech Summit Nairobi 2022 give insights and expert views on the funding landscape across the continent including how often...
