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Funding
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Numida, Ugandan fintech startup, has secured $2.3 million in seed funding
Numida, Ugandan fintech company, has closed its $2.3 million seed round. MFS Africa, a pan-African payments firm, led the seed...
Read moreMTN, a South African telecommunications company, plans a $5 billion market valuation for its mobile money business
MTN, a South African telecommunications company, intends to value its mobile money division at more than $5 billion. The business is...
Read moreAppzone, a Nigerian fintech, has raised $10 million in a Series A round of funding
Appzone, a fintech software company that creates proprietary technologies for financial institutions' banking and payments services, has raised $10 million...
Read moreAmpersand, a Rwandan electric motorcycle firm, has raised $3.5 million
Ampersand, a Kigali-based electric motorcycle company, has received $3.5 million from the Ecosystem Integrity Fund (EIF) to help it expand...
Read moreThe GSMA Innovation Fund has awarded Grants Funding to five African startups
The GSMA Innovation Fund for Mobile Internet Adoption and Digital Inclusion has chosen five African startups from nine startups from...
Read morePaymob, an Egyptian fintech startup, has raised $18.5 million in a Series A round to expand throughout the Middle East and Africa
Paymob, an Egyptian fintech startup, has raised $18.5 million in a Series A round to expand throughout the Middle East...
Read moreMoshesh Partners, an investment company in South Africa has secured funding for the Renewable Energy and Infrastructure Fund
Moshesh Partners, a South African investment company, has received an undisclosed sum of funding for its Renewable Energy and Clean...
Read moreThe Trade Hub has launched a virtual dealroom that connects investors with fast growing impact businesses
The West Africa Trade & Investment Hub (Trade Hub) has launched a Virtual DealRoom to provide global investors with details...
Read moreAfrican Innovators gets a break thanks to the MultiChoice Innovation Fund
MultiChoice an internet distribution service, supports young and passionate entrepreneurs through its "The MultiChoice Innovation Fund" initiative. This support was...
Read moreVerdant Capital raises USD 9.9 million in Series A funding for Tugende, a technology-enabled MSME in East Africa, received equity funding
The USD 3.6 million extension round, negotiated and structured in 2020, was funded by Partech Africa, a member of the...
Read moreBaobab+, a West African solar distributor, raises €4 million to expand its business in Côte d’Ivoire and Senegal.
Baobab+, a French West African distributor of solar home systems, has announced that it has received €4 million in funding...
Read morePlatform Capital celebrates the Closing of MaC Venture’s $110 Million Fund
Platform Capital, an early investor in the fund, hosted an exclusive celebratory dinner On Sunday, April 4th, 2021 in Los...
Read moreThe Big 5
