Funding
Insights into funding strategies, startup investment trends, and financial advice for emerging companies.
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Startups
South Africa’s HAVAÍC VC invests $400,000 in Nigeria’s ShopEx
HAVAÍC has this week announced investment in ShopEx, Nigeria's leading omnichannel direct-to-consumer retailer.
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Announcements
Africa Alliance for E-Commerce renews partnership with West African Monetary Union
The Africa Alliance for E- Commerce (AAEC) has renewed its partnership with West African Economic and Monetary Union (WAEMU).
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Startups
Egyptian health startup Esaal completes $1.7M Seed Round
Esaal has aggregated over 350 consultants covering different fields on the platform who deliver health and wellness services
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Startups
BluePeak Private Capital invests in ieng
BluePeak is pumping money into ieng, a pan-African provider of engineering, construction, maintenance solutions to the African telecom sector.
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Startups
An Egyptian Fantasy Football platform just raised $3 Million in Seed Funding
Eksab, a Cairo-headquartered daily fantasy football platform, has secured $3 million seed funding. The round was led by 4DX Ventures
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Startups
Nigeria’s ThriveAgric raises $56.4 Million Debt Funding to expand to new markets
ThriveAgric has announced it has raised $56.4 Million in debt funding from local commercial banks and institutional investors.
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Startups
TechCabal and Zikoko Parent Company raises $2.3 Million Seed to expand reach
The parent company behind TechCabal and Zikoko has raised $2.3 million Seed Series led by MaC venture capital
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Startups
Sokowatch closes $125 Million Series B, Rebrands to “Wasoko”
The company says with its rapidly growing pan-African operations, it is rebranding to "WASOKO" a Swahili word for "People of…
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Startups
Moove raises $105 Million in Oversubscibed Series A2, to scale globally
A few weeks after announcing $10 Million from NBK Capital, Moove has announced it has raised $105 Million in an…
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Announcements
On-demand Expertise Platform “Insights by Experts” launched in Nairobi
Insights by Experts helps global investors and companies access independent talent on-demand, from a vetted community of African experts
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Startups
Fonbnk raises $3.5 million Seed to serve the underbanked across Africa, Latin America & Asia
Fonbnk allows anyone that uses prepaid mobile SIM cards can easily obtain cryptocurrency assets by exchanging their airtime credits.
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Startups
Dream VC calling applications for bigger VC fellowships in 2022
Dream VC Is Building the Go-To Launchpad for Aspiring Investors in Africa With Their VC Fellowship Programs
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Startups
Glovo launches competition for early-stage tech startups in Kenya
Glovo has organised a tech-startup competition seeking early-stage startups in Kenya who have not received more than 20,000 USD funding
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Startups
M-Kopa raises KES 8.5 Billion equity funding to expand to more countries
Launched in 2011, M-KOPA’s financing platform enables underbanked customers to access a broad range of products and services without collateral…
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Startups
MarketForce, Kenya’s B2B Marketplace, raises $40M Series A
MarketForce was co-founded by Tesh Mbaaby and Mesongo Sibuti in 2018. It is now a leading B2B commerce and fintech…