Search results for "equity round"
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841Digital 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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855FinTech
MFS 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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1.4KFunding
Why 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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739FinTech
ImaliPay raises $3M to offer financial services to underserved gig workers across Africa
ImaliPay, a Pan-African fintech start-up with a focus on empowering the gig economy through its one-stop-shop financial services platform has closed a...
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3.6KInnovation
Mobility Startup Shuttlers Raises $1.6M To Expand Across Africa
Nigeria’s leading tech-enabled scheduled bus sharing (mass transit) company, Shuttlers, today announced a $1.6 million seed round and its plans to scale operations...
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3.6KFinTech
MFS Africa raises $100M Series C for fintech expansion across Africa
MFS Africa has raised US$100 million Series C through an equity and debt financing round. The fundraising marks another milestone in MFS...
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3.9KEast Africa
IFC increases investment in Liquid Intelligent Technologies to expand data growth across Africa
IFC has partnered with Liquid Intelligent Technologies to expand data center capacity and the rollout of fiber-optic cable on the continent. The...
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2.2KApps
Carry 1st launches new mobile game in Africa
Tilting Point, a leading free-to-play games publisher, and Carry1st, a leading publisher of mobile games in Africa, have partnered to bring the...
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2.0KInnovation
54gene Closes $25M Series B to Advance Global Drug Discovery Capabilities
54gene, the health technology company advancing African genomics research for improved global health outcomes, has secured $25M in a Series B round,...
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2.7KInnovation
500 Startups Next Ecosystem Hub is Africa
Mareme Dieng, 500 Startups Lead, Global Innovation Strategy, Africa shares 500’s vision for Africa From 55 startups successfully funded in 2015 to 359...
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2.8KInnovation
AZA acquires Exchange4Free to become biggest non-bank FX Firm in Africa
AZA Finance (formerly known as BitPesa) has agreed to acquire cross-border payments specialist Exchange4Free, marking the latest in a wave of consolidation...
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2.6KApps
Pan-African Fintech Platform Appzone Secures $10mn Series A Funding
Appzone, the Pan-African fintech software provider building proprietary solutions for the continent’s banking and payments industries, has today announced the close of...
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3.9KInnovation
Ilara Health raises $3.75m Series A led by TLcom
Ilara Health, a healthtech start-up focused on bringing essential, affordable and life-saving diagnostics to African consumers, has raised $3.75 million in Series...
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4.1KInnovation
Komaza raises $28M Series B for tech-enabled sustainable forestry in Kenya
Komaza, a Kenyan based tech-enabled, sustainable forestry company, secured a first close of $28m of a planned $33m Series B equity financing....
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2.8KEast Africa
JUMO raises USD55m backed by Goldman Sachs and Leapfrog Investments
JUMO a fintech focusing on next-generation financial services for emerging market entrepreneurs, has raised USD55 million in debt and equity funding from...
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3.3KAdvisory News
Data: Africa’s “new blood”, rather than the “new oil”
Data protection and privacy regulation in most, or even all, African countries are often less mature – particularly when compared to the...
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3.7KInnovation
PEG Africa raises $4M debt facility to continue Senegal expansion
West Africa-based pay-as-you-go (PAYG) solar company PEG Africa has continued an impressive year of fundraising to allow it to expand its operations...
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7.0KInnovation
PEG Africa raises $25m to accelerate off-grid solar expansion in West Africa
PEG Africa, a West Africa-based pay-as-you-go (PAYG) solar company, has raised a US$25 million Series C funding round, taking its funding total...
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4.4KInnovation
Andela Secures $100M Series led by Al Gore’s, Generation Investment Management
Andela today announced the completion of a $100M Series D funding, led by Generation Investment Management with participation from existing investors including Chan...
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5.4KInnovation
JUMO secures US$12.5M investment from Odey Asset Management
JUMO, the technology platform for operating inclusive mobile financial services marketplaces in emerging markets, today announced a US$12.5 million investment from Odey...
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4.6KInnovation
Forget unicorn hunting and replicating Silicon Valley – this is Africa
A busy week in Cape Town last week which featured the AppsAfrica Innovation Awards, also saw over 300 active and aspiring investors...
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9.0KInnovation
Building An Inclusive Technology Ecosystem In Africa
The building of a technology ecosystem in Africa must have an underlying purpose and, particularly given the macro-environmental fundamentals prevalent in Africa,...
