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Funding
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Lipa Later, a Kenyan BNPL startup, has received $12 million in funding for expansion
Kenyan buy-now-pay-later (BNPL) company Lipa Later has secured US$12 million from a syndicate of investors to help it enhance coverage...
Read moreBFREE, a Nigerian fintech startup, has raised $1.7 million in a pre-Series A funding round
BFREE, a Nigerian credit management fintech startup, has raised a pre-Series A fundraising round of US$1.7 million and reinforced its...
Read moreAndreessen Horowitz, a venture capital firm, raises $9 billion for startup investments
Andreessen Horowitz raised $9 billion to invest in a diverse array of firms, completing one of venture capital's biggest fundraising...
Read moreJABU, a Namibian e-commerce startup, raises $3.2 million in a seed round
JABU, a Namibian startup with backing from the venture capital firm YC, has obtained a $3.2 million investment for its...
Read moreAlvin, a Kenyan money manager startup secures $740,000 in pre-seed funding
Alvin, a Kenyan startup that helps consumers align their daily spending with their savings goals, has raised a US$740,000 pre-seed...
Read moreGahez, an Egypt-based e-commerce startup and B2B fashion marketplace, has raised a pre-Seed round of $2 million
Gahez, an Egypt-based e-commerce startup, and business-to-business fashion marketplace have raised $2 million in its most recent funding round. Disruptech...
Read moreOver $4 billion was raised by African tech startups in 2021
A record of over $4 billion has been raised by tech startups operating in Africa, massively increasing the $1.1 billion that...
Read moreTugende, a Ugandan asset finance company, has closed a $17 million debt investment round
Tugende, a leading Uganda fintech lender specializing in asset finance in Kenya and Uganda, announced the completion of a new...
Read morePlanet42, a South African car subscription startup, has raised $30 million in funding
Planet42, a South African auto subscription firm, has acquired $30 million in debt and equity capital to help it expand...
Read morePaylend, a Kenyan fintech startup, has raised $2 million in a seed round
Paylend, a Kenyan fintech startup, has announced that it has received a $2 million seed funding from Next Chymia Consulting...
Read moreJanngo Capital receives an investment approval of $12 million for its start-up fund
The African Development Bank (AfDB) has announced the approval of $12 million in investment funds to support African tech entrepreneurs through...
Read moreMAX, a Nigerian automobile subscription startup, has raised $31 million in Series B funding
Metro Africa Xpress (MAX), a low-to-zero emission car subscription platform based in Nigeria, has raised US$31 million in the first...
Read moreThe Big 5
