Funding
Insights into funding strategies, startup investment trends, and financial advice for emerging companies.
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Startups
Nigeria’s Earnipay raises $4M Seed to provide on-demand salaries to employees in Africa
Earnipay has raised $4 million seed funding. The startup seeks to provide employees with zero-interest on-demand salaries across Africa.
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Startups
Flutterwave now valued at over $3B after closing $250M series D Funding
Flutterwave is now the highest valued African startup. Its valuation has more than tripled since its last funding round in…
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Startups
Moove partners with CFAO Motors to support entrepreneurs in Ghana & Nigeria
Moove has announced it is partnering with CFAO Motor to support mobility entrepreneurs across Ghana and Nigeria.
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News
America’s Everstrong Capital acquires majority stake in Kenya’s Cell Tower Company
SealTowers Limited, a licensed Kenyan Cell Tower Company, and Everstrong Capital announced on Thursday the signing of an agreement that…
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Startups
MyMovies.Africa launches seed round for $0.5 Million after Ninja Accelerator Program
MyMovies.Africa has over the last 12 weeks participated in the intensive NINJA Initiative Program to prepare it for investment.
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Startups
Kenya’s Health Data Platform Afya Rekod closes $2 Million Seed Round
Afya Rekod is a health data platform - under Adanian Labs - that allows both patients and health facilities to…
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Startups
Amitruck raises $4 Million Seed Funding to expand across East Africa
Amitruck was founded in 2019 to streamline the trucking business in Africa, which had, previously, been informal and fragmented.
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Startups
TLcom secures $70M for its $150M Africa Tech Fund
TLcom has announced the first close worth $70 Million for its $150 million Africa-focused tech fund with second close expected…
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News
I&M Bank rolls out unsecured loans of up to KES 3 Million
I&M Bank customers will access a minimum of 50K up to a maximum of 3 million without providing any collateral…
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Announcements
Pitch your Web App in Nairobi and Win up to $50,000
Startups in the blockchain and crypto space are invited to apply for the Sankore Pitch Competition Tour in Nairobi this…
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Startups
Bolt now valued at €7.4 billion after €628 million investment round
Bolt says % it will use the funds to accelerate the expansion of their mobility and delivery products across Eastern…
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Startups
Afrikrea rebrands to ANKA after successful $6.2 million Pre-Series A Round
The e-commerce platform Afrikrea is now rebranding to “ANKA”, its all-in-one solution for selling anywhere and hipping globally
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Startups
CinetPay inks $2.4 million Seed from Flutterwave
CinetPay has announced a $2.4 million seed funding raised from 4DX Ventures and Flutterwave.
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Startups
Gozem Super App closes $5 Million Series A
Launched in 2018, Gozem began as a single motorcycle-taxi ride-hailing service. It has since expanded to be a Super App…
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Startups
Kenya’s Fintech Asilimia secures $2 Million Pre-seed
Asilimia has built an affordable and easy-to-use digital platform that formalises payments, revenue collection and accounting for business owners, making…