Funding
Insights into funding strategies, startup investment trends, and financial advice for emerging companies.
- News
Entrepreneurs in 7 African countries urged to take advantage of US $1.2 Million Fund
Entrepreneurs in Burkina Faso, Ethiopia, Kenya, Liberia, Mali, Mozambique, and Zimbabwe can apply for the African Enterprise Challenge Fund funding…
- Announcements
M-Kopa and Pula Advisors receive KES. 142 Million Grant to enhance Women’s access to loans and insurance
The grants, for $1 million and $300,000 respectively, will be disbursed through the Africa Digital Financial Inclusion Facility, a blended…
- Startups
Truck Logistics Startup, Amitruck, raises Pre-seed Funding led by Dynamo Ventures
Launched in 2019 in Kenya, Amitruck describes itself as a trucking logistics marketplace that brings trust, transparency, and efficiency by…
- Startups
Bolt Taxi Company raises €150 Million in Funding from D1 Capital Partners
Bolt, an Estonian on-demand transport and delivery company with presence in Europe and Africa, has announced today that it has…
- Announcements
Kenya’s Pula raises $6 Million Series A to provide Insurance to Small Farmers
The new investment will be used to scale up operations in the company’s existing 13 markets across Africa. Currently, Pula…
- Announcements
Kenya leads in Africa as Favourite Investment Destination
The top industries receiving the investments are startups in the Renewable Energy sector, Agritech, and logistics. The top funded startup…
- News
Africa needs tailor-made investment structures as Copy-Paste mechanisms don’t work
Tayo Akinyemi, lead researcher and writer of the report added: “In our conversations with numerous investors and founders, it is…
- Announcements
Konza City partners with privately-owned Tatu City to attract investors
Konza City's Eng. John Tanui, and Tatu City's owner and developer, Rendeavour have jointly announced the two upcoming developments will…
- Announcements
Ilara Health raises $3.75m Series A with promise of providing life-saving diagnostics across sub-Saharan Africa
Ilara Health raises $3.75m Series A with promise of providing life-saving diagnostics across sub-Saharan Africa. Round joined by DOB Equity,…
- Announcements
5M shillings set aside for 4th Cohort of Strathmore’s Women-in-Tech Incubator
The Women in Technology Incubator program is Africa’s leading women in tech incubator, that supports local tech businesses and calls…
- News
CredoLab raises $7 Million to expand reach in Africa and other markets
CredoLab develops bank-grade digital scorecards for companies that need to make better credit decisions including banks, lenders, e-commerce, travel, ride-hailing,…
- News
Nigerian Fintech Startup Okra Secures $1mn Pre-Seed Funding from TLcom
Nigerian fintech platform Okra has secured a $1mn pre-seed fundraise from TLcom Capital, strengthening its push to build the infrastructure…
- News
TLcom’s TIDE Africa Fund Closes at $71M
Founded in 1999, TLcom has $200m of VC assets under management across Africa, Europe and Israel and in 2017 announced…
- Startups
Twiga Foods has secured KES. 3 Billion Series B for African Expansion
Twiga Foods has raised $23.75 million in a Series B equity round led by Goldman Sachs, with participation from existing…