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Funding
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IFC invests in Wave, a mobile money company, to increase access to digital financial services in West Africa.
IFC, a global development organization, has announced an investment in Wave Mobile Money S.A. (Senegal) and Wave Côte d'Ivoire S.A.,...
Read moreDuhqa, a B2B retail distribution startup in Kenya, raises $2 million in a seed funding round.
In order to expand its service offerings throughout Kenya and East Africa, the Kenyan startup Duhqa, a B2B platform for...
Read moreFuturegrowth, a South African venture capital firm, has announced the launch of a growth development fund
Futuregrowth, a South African venture capital firm, has announced plans to launch its Futuregrowth High Growth Development Equity Fund (HGDEF),...
Read moreMNT-Halan, the Egyptian fintech super app, has closed a $150 million securitized bond offering.
The largest private sector bank in Egypt, Commercial International Bank (CIB), has announced that Tasaheel, a wholly-owned subsidiary of Egyptian...
Read moreKukua, a Kenyan educational entertainment startup, has raised $6 million in funding
Kukua, an educational entertainment company based in Nairobi and London and the creators of "Super Sema," the first African animated...
Read moreMoove, a Nigerian mobility fintech startup, has raised $20 million in funding from British International Investment
The UK government's development financing institution (DFI), British International Investment (BII), formerly known as CDC Group, has invested $20 million...
Read moreOKO, a Mali-based insurtech, has raised $500k in a seed extension round
OKO, a Malian insurtech startup, has raised a US$500,000 seed extension round to aid in its Ivory Coast expansion and...
Read moreAfrikamart, a Senegalese agritech startup, has raised $850k in seed funding
Senegalese agritech startup Afrikamart has announced the completion of an $850,000 seed round of financing from reputable venture capital firms,...
Read moreWingcopter receives funding of US$42 million to expand its network throughout sub-Saharan Africa
The German company Wingcopter, which makes and offers delivery drones, said that it has raised $42 million from reputable financial...
Read moreSava, a South African spend management platform, secures $2 million in pre-seed funding
Sava, a South African spend management startup, has secured $2 million in pre-seed funding from a number of investors with...
Read moreThe Pros and Cons of Venture Capital Funding
Investors who feel that a startup business or a small company has the potential for significant long-term growth will often...
Read moreFirstCheck Africa has received a commitment of $2 million from TLcom, bringing the total amount of its debut fund to $10 million
FirstCheck Africa has received a $2 million investment from TLcom Capital, a venture capital firm with an emphasis on Africa....
Read moreThe Big 5
