Latest News
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755FinTechGrey 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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589EgyptEgyptian 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,...
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638FinTechEcobank Group Launches 2022 Edition of its Fintech Challenge with US$50,000 Prize Money up for Grabs
Pan-African banking group, Ecobank Group, has launched the fifth edition of the Ecobank Fintech Challenge and encourages African Fintech entrepreneurs to enter...
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1.0KFundingKoolboks closes a $2.5 million seed round led by Aruwa Capital
Koolboks, the sustainable cooling company providing accessible cold storage solutions to businesses across Africa, has closed a $2.5 million Seed funding round....
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921FundingiProcure, Kenyan agritech, raises $10.2m Series B
Kenya’s B2B agritech startup, iProcure, has raised $10.2 million in Series B funding to grow its presence in its current markets –...
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1.1KFinTechRoam and M-Kopa Partner to Deploy E-Bikes in Africa
Roam has signed a supply agreement with M-KOPA, the fintech platform that provides credit and digital financial services to underbanked consumers in Africa....
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921BlockchainAfrica fintech and crypto leaders to connect at the Africa Money and DeFi Summit in Ghana this September
As the rapid growth of fintech continues and the birth of decentralised finance (DeFi) grows across Africa, leading fintechs, investors, crypto platforms, ventures...
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904FundingDATAPROPHET 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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904FinTechZeepay 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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648Digital 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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601Digital 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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702Digital 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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1.1KFundingGoGetta 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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1.1KFundingOui 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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1.1KFinTechCBK 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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1.1KFundingCartona, 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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889Digital 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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998Digital 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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892Digital 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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1.7KFundingCatalyst 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...
