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Funding
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Kibo School, a Nigerian edtech startup, receives $2 million
Nigerian edtech startup Kibo School has raised a $2 million seed round led by Neo, a VC firm founded by...
Read moreFido, a Ghanaian fintech startup, has raised $30 million in a Series A funding round
Fido, a fintech company based in Ghana, has closed a $30 million Series A funding round led by Fortissimo Capital...
Read moreMFS Africa has announced the extension of its series C to a total of $200 million
MFS Africa, a digital payments network, has raised another US$100 million in equity and debt capital led by Admaius Capital...
Read moreJumba, a Kenyan B2B construction technology platform, has raised $1 million in a pre-seed round of funding
In a pre-seed round led by Enza Capital, a B2B construction technology platform, Jumba has raised $1 million in funding. ...
Read moreKhazenly, Egypt’s on-demand digital warehousing platform, has received a $2.5 million seed funding
Khazenly, a Cairo-based on-demand digital warehousing and fulfillment network, has received $2.5 million in seed funding. Leading regional venture capitalists...
Read moreGozem receives $10 million from the International Finance Corporation (IFC)
Gozem, a company that offers drivers, retailers, and other consumers a suite of mobility, e-commerce, and financial services, has established...
Read moreCrossboundary, based in Kenya, receives $25 million for solar mini-grids in Africa
Crossboundary Energy Access (CBEA), a Kenya-based mini-grid infrastructure fund, has raised $25 million in funding from ARCH Emerging Markets Partners...
Read moreIndoor Robotics has raised $15 million in a Series A round to revolutionize building monitoring and security
Indoor Robotics, a company that specializes in indoor drone technology and just introduced the TandoTM drone, has raised $15 million...
Read moreThe first fund of Launch Africa Ventures, which closed at $36.3 million, has made its 100th investment
Launch Africa Ventures, an early-stage venture capital firm, has made its 100th investment, making it the most active investor in...
Read morePartech’s Africa Fund II to receive $26 million investment from IFC
The World Bank's private sector arm, the International Finance Corporation (IFC), wants to invest up to €25 million ($26.43) in...
Read moreDXwand, an Egyptian AI startup, has raised $1 million in a pre-Series A round of funding
DXwand, an Egyptian company that offers conversational artificial intelligence (AI) solutions, has raised $1 million in a pre-series A round....
Read moreVirridy has completed a Series A funding round for $5.5 million, led by Accord Capital
Virridy has raised $5.5 million in Series A funding to help expedite the development and implementation of its satellite-connected sensors...
Read moreThe Big 5
