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Funding
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MTN Uganda is planning a $1.2 billion initial public offering
According to Keith Kalyegira, Chief Executive Officer of the Capital Markets Authority, the initial public offering (IPO) of telecommunications company...
Read moreVerto, a Nigerian B2B payments network, has raised a $10 million Series A funding
Verto, a Nigerian B2B payments platform that allows small and medium-sized businesses (SMEs) to pay their suppliers in over 200...
Read moreSun Exchange has secured a $2.5 million convertible note financing
Sun Exchange, a crowd-sourced global solar leasing network, has received $2.5 million in convertible note financing from ARPF, a Mauritian...
Read moreAndela Raises $200 Million in Series E Funding, valuing the company at $1.5 Billion
Andela, a Nigerian firm that connects African software engineers with multinational companies, has raised $200 million from investors. Softbank Vision...
Read moreYobante Express, a Senegalese logistics startup, has raised $1.2 million in a seed round
Yobante Express, a Senegalese delivery business that connects local couriers with local commerce to optimize domestic, cross-border, and last-mile delivery,...
Read moreWith the participation of Sawari Ventures, Flat6Labs closes a $10 million seed fund for its Tunisia-based Anava Seed Fund
Flat6Labs, a regional seed, and early-stage venture capital firm announced the second closure of its Tunisia-based Anava Seed Fund (ASF),...
Read moreYellow Card, an African cryptocurrency exchange, has raised $15 million in Series A funding
Yellow Card, a pan-African cryptocurrency exchange, has raised $15 million in a Series A round, the most ever raised by...
Read moreZola Electric has closed a $90 million funding round to expand into new markets
Zola Electric has raised $90 million in new capital to expand into new areas and accelerate the deployment of distributed...
Read moreKfW and Sahel Capital have launched a $24 million social enterprise fund for African agriculture
The Social Enterprise Fund for Agriculture in Africa has been launched by Sahel Capital, a fund manager and advising organization...
Read moreCartona, an Egyptian e-commerce startup, raises $4.5 million in pre-seed funding
A US$4.5 million Pre-Series A funding round has been closed to help Cartona invest in new technology, launch new products,...
Read moreFinclusion Group, an African FinTech platform, has received $20 million in investment from Lendable.
Finclusion Group, an African FinTech platform, has raised $20 million in a funding round headed by Lendable, a prominent fintech...
Read moreYellow, a Malawian off-grid solar provider, has received $4 million in debt financing from SunFunder
Yellow, a Malawian off-grid solar company, has received a $4 million loan from SunFunder, a company that finances solar energy...
Read moreThe Big 5
