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Funding
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The Energy Entrepreneurs Growth Fund will receive a $13 million investment from FinDev Canada in order to help African countries gain access to clean energy
FinDev Canada and its 2X Canada facility have announced that the Energy Entrepreneurs Growth Fund would receive up to US$...
Read moreANKA, formerly Afrikrea, an Ivorian e-commerce startup, has raised $6.2 million in pre-Series A funding
As it rebrands to "ANKA," Afrikrea, the e-commerce site for "all things created in Africa," has announced the successful completion...
Read moreSeamlessHR Raises $10 Million in Funding for Cloud HR and Payroll Solutions in Africa
SeamlessHR, an African-based HR and payroll technology company in Africa, has raised $10 million in Series A funding. The funding round...
Read moreLipa 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 moreThe Big 5
