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