Latest News
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1.3KFundingDATAPROPHET CLOSES $10M SERIES A FUNDING
DataProphet, an AI-as-a-Service (AIaaS) for manufacturing innovators, has announced the completion of its $10 million Series A funding round. Knife Capital led...
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1.5KFinTechZeepay announces Series A.5 raise of USD10 million
Zeepay, a cross-border payments company operating as a challenger mobile money company has announced a raise of USD 10 million. The medium-term...
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1.1KDigital TransformationBluechip Launches in Europe following Successful pan-African Expansion
Bluechip Technologies, Nigeria’s business application and data management solutions, announces its European launch following growing demand for its products and services. The...
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1.2KDigital TransformationBeacon Power Services, Closes $2.7M Seed Round To Improve Electricity Access For Cities Across Sub-Saharan Africa
Beacon Power Services (BPS), an energy tech company providing data and grid management solutions to help Africa’s power sector distribute electricity more...
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1.2KDigital TransformationProto Raises $5.6M Series A to Accelerate Global Expansion
Canada-based Proto has raised a $5.6M Series A round led by Mucker Capital for the global expansion of its AI Customer Experience...
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1.9KFundingGoGetta to facilitate global investment into African businesses
Quality African businesses with growth prospects that seek funding can now raise capital via an innovative crowdfunding platform, GoGetta. Local and international angel and...
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1.6KFundingOui Capital hits first close of its $30M second fund
Oui Capital has announced the closing of its $30 million second fund, Oui Capital Mentors Fund II, as it seeks to strengthen...
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1.9KFinTechCBK orders banks to close Flutterwave, Chipper Cash accounts as they are not licensed
Hours after the Central Bank of Kenya (CBK), Kenya’s monetary authority said that Chipper Cash and Flutterwave were not licensed to operate...
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1.6KFundingCartona, Egyptian B2B e-commerce platform, raises $12 million Series A round
Cartona, a B2B platform based in Egypt, has closed its $12 million Series A fundraise led by Silicon Badia – the venture...
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1.3KDigital TransformationSeedstars launches its second emerging market seed-stage fund
Seedstars, a seed-stage venture fund dedicated to emerging and frontier markets, has supported over 90 emerging market venture ecosystems, and with this...
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1.5KDigital TransformationCassava Technologies secures $50m investment from C5 Capital
Cassava Technologies, Africa’s integrated tech company of continental scale, announced that it has secured a US$50 million investment from C5 Capital, a...
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1.4KDigital TransformationAfricInvest and Cathay Innovation Complete Close of €110M Venture Fund
AfricInvest, a multi-asset investment platform in Africa, and venture capital firm Cathay Innovation, have completed the final close of their joint Pan-African...
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14.0KFundingCatalyst Fund raises $3.5 to accelerate and scale pre-seed impact ventures in Africa
Global inclusive tech accelerator Catalyst Fund, managed by BFA Global, has announced that FSD Africa has invested $3.5M to anchor the Fund’s presence in Africa and...
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1.3KDigital TransformationPersistent 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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1.1KDigital TransformationMTN teams up with ETAP to reward Nigerians for good driving
MTN Nigeria, Africa’s leading technology company, has teamed up with ETAP, a mobility technology company that creates solutions and incentives to improve...
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1.6KDigital TransformationIFC 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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1.3KInnovationAutochek acquires CoinAfrique to accelerate expansion across Francophone Africa
Autochek, the automotive technology company making car ownership more accessible and affordable across Africa, has announced the acquisition of CoinAfrique, the leading...
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14.7KFundingKenyan 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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1.3KInnovationMore “women in tech” doesn’t necessarily mean more female developers
Having more women in tech doesn’t necessarily mean more female engineers and developers, but rather getting more young women tech-ready, to see...
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1.7KFinTechNigerian 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...
