Funding

Tunisian fintech-insurtech newcomer PAYDAY has closed its first pre-seed funding round, achieving a valuation of US$3 million. The financing was...

South African artificial intelligence startup Locstat has raised approximately €2.5 million (US$2.3 million) in a pre-Series A funding round aimed...

Moniepoint, Nigeria’s leading fintech company, has successfully closed an additional $90 million in its Series C funding round, bringing the...

KLIQ, Saudi Arabia's pioneering AI-driven influencer marketing platform, has successfully raised $2.25 million in a seed funding round. The investment...

Saudi healthtech startup Nuxera AI has raised $2.5 million in a pre-seed funding round led by Sanabil Venture Studio in...

CADO, a UAE-born premium gifting platform, has raised $4.5 million in a pre-seed funding round to accelerate its regional and...

Kenya is considering a transformative policy that would require large corporations to allocate a portion of their corporate social responsibility...

Pan-African electric mobility company Spiro has successfully raised $100 million in its latest funding round, marking a significant milestone in...

Kenya has unveiled plans to establish a national sovereign wealth fund and an infrastructure investment fund, aiming to mobilise long-term...

The World Bank has announced the resumption of concessional financing to Uganda, pledging over $2 billion in new funding over...

The African Engineering and Technology Network (Afretec), led by Carnegie Mellon University Africa, has announced the allocation of $2.3 million...

Cameroonian fintech startup REasy has raised $1.8 million in pre-seed funding to streamline cross-border payments for small and medium-sized enterprises...