Funding
Insights into funding strategies, startup investment trends, and financial advice for emerging companies.
- News
Kenyan ISP Mawingu Secures Major Funding for Rural Internet Expansion
Kenya's ISP Mawingu obtains significant funding to enhance rural internet access, bridging the digital divide nationwide
- International
GITEX Africa 2023: Africa’s Largest Tech Event Sold Out
GITEX Africa's inaugural event sold out with 900 exhibitors and a purpose-built super venue in Morocco, expansion plans underway.
- Startups
i3 Calls for African Innovators to Join its Second Cohort
Join i3's second cohort and revolutionize healthcare supply chains in Africa. $50,000 grant available. Applications open until June 26th.
- Startups
Opportunik launching Africa Fund in May, Unlocking Global Investments
Opportunik Global Fund, launching May 2023, offers African investors access to diversified assets and global investment opportunities.
- Startups
Payday receives $3M seed funding to empower Africa’s future workforce.
Payday raised $3m seed funding to expand operations in the UK and Canada, improve product development, and grow talent.
- Startups
Norfund invests $14 Million in Hela Apparel’s East Africa Unit
The proceeds from Norfund investment will also be utilized to strengthen Hela's strategic supply chain partnerships in East Africa
- Startups
Norsad Capital, TLG Capital launch $400 Million African Credit Platform
Norsad Capital and TLG Capital announced the beginning of a partnership to cement the market leading private credit platform
- Startups
Pan-African VC firm Ventures Platform closes fund at oversubscribed $46M
Ventures Platform has announced the final close of its early-stage and intercontinental fund, at $46M which Is above its targeted…
- Startups
VENCO property management platform raises $670k pre-seed
VENCO says it has recorded over 200 percent growth over the last 9 months and is currently in 6 cities…
- Startups
Kenyan-based skin-care firm, Uncover, raises $1 Million Seed
Nairobi-based skincare firm, Uncover has raised USD 1 million in seed capital, which it says it will use to scale up…
- Startups
Ramani, a Tanzanian Software Company, closes $32 Million Series A
Ramani will be looking to scale its network of micro-distribution centres (MDCs) and also launch a new micro-credit offering for…
- Startups
BasiGo raises $6.6 Million funding to start commercial delivery in Kenya
BasiGo has announced it has secured $6.6 million. The round was led by Mobility54, the corporate venture capital arm of…
- News
Sendy raises undisclosed funding from MOL PLUS
Sendy has received an undisclosed amount of funding from MOL PLUS Co. LTD. This is the Corporate Venture Capital of…
- News
KCB sets up KES 250 Billion Fund to support Women Entrepreneurs
KCB says that data shows that almost 80% of women owned businesses have limited access to credit due to lack…
- News
Spotify launches KES 12 Million Fund to support African Podcasts
The Spotify African Podcasts Fund will be administered by Africa Podfest, a Kenyan-based company that's elevating African podcasters