Funding
Insights into funding strategies, startup investment trends, and financial advice for emerging companies.
- 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…
- Business
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
- Startups
Flourish VC launches Madica Investment Program focusing on Pre-Seed African Companies
Flourish Ventures has launched Madica (MADE IN AFRICA), a structured investment program for pre-seed stage technology companies in Africa
- News
46 East Africans receive Netflix Creative Equity Scholarship Fund
The scholarship fund for sub-Saharan students is part of Netflix’s global Netflix Creative Equity Fund launched in 2021 with the goal of…
- News
iiDENTIFii biometric firm raises USD 15 Million growth capital
iiDENTIFii biometrics tech firm, has raised US$15 million growth capital. The round was led by African investment company Arise
- Startups
i3 selects 30 health startups in Africa to receive $50,000 grant and support
i3 selected startups will receive a $50,000 grant and support to catalyse growth-driven partnerships with donors, industry and institutions.
- Startups
Turaco insurtech closes $10 Million Series A
Turaco has announced the close of a $10 million Series A equity round led by AfricInvest via the Cathay Africinvest…
- News
Applications Open for Netflix Scholarship in Nigeria, Ghana, Benin and Gabon
The Netflix Creative Equity Scholarship Fund for Africa (CESF) will provide financial assistance to Africa's future storytellers
- Startups
Kenya’s iProcure closes $10.2M Series B to expand to Uganda and Tanzania
The funding will support iProcure’s expansion into Uganda & Tanzania, as well as the launch of a credit offering for agro-retailers
- Startups
Koolboks closes $2.5M Seed Round to Scale Solar Refrigeration across Africa
Koolboks renewable energy company to expand pay-as-you-go cold storage solution for off-grid users in Kenya
- Startups
Digital Insurance Platform mTek receives KES 340 Million Funding
mTek has secured an investment commitment of KES 340 Million from African-focused fintech platform, Finclusion Group
