Innovation
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1.6KCardinalStone Capital Advisers Invests $6m Investment in AfyA Care
West African private equity fund manager, CardinalStone Capital Advisers (CCA), has announced a $6 million investment in AfyA Care as part of the company’s Series A...
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1.2KEgypt-based cleantech KarmSolar has secured $2.4M in funding
Solar energy company and multi-utility enterprise KarmSolar, has secured EGP47 million in funding for the first financed solar Power Purchase Agreement (PPA)...
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1.1KHow is South Africa Tech Changing On The Road To Web3?
Our world is becoming more digital daily, which means more of our lives are online and on computers and mobile devices. We...
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1.4KFlourish Ventures Launches Pre-Seed Investment Platform, Madica
Flourish Ventures, a global venture capital firm investing in mission-driven fintech entrepreneurs, has announced the launch of affiliate Madica, a structured investment program for...
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1.2KMaxAB raises $40M to fuel growth and regional expansion
MaxAB, the food and grocery B2B e-commerce and distribution platform, serving a network of traditional retailers across Egypt and Morocco, has announced...
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1.2KAmpersand partners with Bboxx to expand its e-mobility scheme
Bboxx, a platform providing access to essential products and services, and Ampersand, an e-mobility company delivering sustainable transport solutions in East Africa,...
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1.3KFurniture Firm Moko Raises $6.5 Million To Expand Business Line
Moko Home + Living, a Kenyan furniture company has raised $6.5 million to grow its business line. The Serie B debt-financing round...
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1.7KTwiga Foods Taps Google Cloud to Improve Food Security
Google Cloud announced a collaboration with Twiga Foods, an e-commerce platform that provides fresh local produce to shops of all sizes across...
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904Nigerian data and intelligence company Stears raises $3.3M
Stears has announced a $3.3 million seed round with MaC Venture Capital as the lead investor. Participating companies included Serena Ventures, Luminate...
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1.5KSESA Call for Entrepreneurs 2022
Siemens Stiftung on behalf of the Smart Energy Solutions for Africa (SESA) Consortium is launching its first “SESA Call for Entrepreneurs”, targeting small and medium-sized...
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1.3KLipa Later Announces Partnership with Lami Technologies
Lipa Later Group, a buy now, pay later (BNPL) company today announced a partnership with Lami Technologies, an insurance technology company, that...
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1.2KStrong growth in SA extends Talk360 seed funding to $7m
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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1.3KCircle and Mara partner to grow Web3 Capacity in Africa
Mara Foundation, a non-profit organization dedicated to empowering youth, communities, marginalized populations, and problem solvers to build solutions that drive long-term positive...
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941Vendease secures $30 million to enhance restaurant business ops
Vendease, a Y Combinator backed digital platform that allows restaurants in Africa to buy supplies, access financial services and power their business...
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984Turaco Secures $10M Series A Round Fundraise
Turaco, an insurtech driving mass market insurance adoption, has announced the close of a $10 million Series A equity round led by AfricInvest,...
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1.0KKippa raises $8.5M SEED
Nigerian FinTech, Kippa, has raised $8.4M in a SEED round from Goodwater Capital, TEN13 VC, Rocketship VC, Saison Capital, Crestone VC, VentureSouq, Horizon Partners, and Vibe Capital. The startup, launched in...
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1.1KCarnegie Mellon University & Mastercard Foundation partner to drive youth-led digital transformation in Africa
Carnegie Mellon University (CMU) and the Mastercard Foundation, in collaboration with the Government of Rwanda, has announced a transformational investment in higher...
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1.5KAfrican Mobility fintech Moove joins forces with Uber UK
Moove, the world’s first mobility fintech and Uber’s largest vehicle supply partner in EMEA, is announcing its launch in London as part...
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1.3KWasoko Launches Innovation Hub In Partnership with Zanzibar
Wasoko, the African e-commerce company leveraging innovative technology to transform the informal retail supply chain, has announced the official launch of the...
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1.7KDuplo secures $4.3 million seed funding to enhance B2B payments
Duplo, a business-to-business payment platform that makes it easier for African businesses of all sizes to pay each other, has raised $4.3...
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1.4KGrey raises $2M to simplify cross-border payments across Africa
Grey, a Nigerian fintech created to simplify sending and receiving foreign payments for Africans, has raised $2 million in seed funding. “Grey...
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1.2KEgyptian ad-tech startup ArabyAds raises $30m pre-Series B
ArabyAds, an AdTech company in the MENA region, announced that it has raised US$30 Million in Pre-Series B funding round from AfricInvest,...
