Search results for "funding"
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1.5KDigital 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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14.1KFundingCatalyst 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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1.4KDigital 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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1.6KDigital 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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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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1.7KFinTechNigerian 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...
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13.5KInnovationAfrican healthtech start-ups prompt launch of $7 million innovator support program
Healthcare consulting firm Salient Advisory has launched its latest market intelligence report highlighting promising African healthtech start-ups in supply chain. Spurred by...
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1.3KFinTechMFS 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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1.4KEd TechGOMYCODE 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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1.2KFundingWafR 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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1.8KInnovationEndeavor Nigeria says Africa’s technology ecosystem is poised for exponential growth
A new report from Endeavor Nigeria, the leading community of high-impact entrepreneurs in Nigeria, has stated that Africa’s technology ecosystem is set...
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14.8KInnovationNorrsken Impact Accelerator selects 9 African Startups
Founded in 2016, Norrsken aims to help entrepreneurs solve the world’s greatest challenges. Its ecosystem consists of Norrsken House, a co-working space...
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1.4KFinTechIndicina 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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1.8KBlockchainAyoken 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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1.3KEgyptEgypt’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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1.3KFundingVerdant 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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1.2KInnovationMooveBeta Startup Merges with ImpalaPay to Provide a Connected Economy for Africa
Adanian Labs Africa incubated fintech startup MooveBeta has announced its merger with ImpalaPay, a fintech blockchain company with operations across 42 African...
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2.2KInnovation2022 Google Black Founders Fund for Africans is now accepting applications
Tech giant Google has announced the second edition of its Black Founders Fund aimed at early-stage startups in Africa. In 2021, the...
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1.8KE-CommerceBamba 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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2.2KFundingZuri 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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2.0KFundingWhy 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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1.3KFinTechLeapFrog 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....
