Funding
Insights into funding strategies, startup investment trends, and financial advice for emerging companies.
- 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.
- 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
- 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
- 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…
- 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…
- 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.
- 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…
- 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.
- 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…
- 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.
- 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…
- 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.
- 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…
- 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…
- 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…
