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Funding
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Payhippo raises $3 million in a seed round to help Nigerian small businesses gain access to financing
As part of its efforts to help small businesses in Nigeria get the finance they need, Payhippo announced that it has...
Read moreThe Kigali International Financial Centre (KIFC) has launched the Virunga Africa Fund I, a $250 million pan-African investment fund
Kigali International Financial Centre (KIFC) has announced the launch of a $250 million Virunga Africa Fund I, which would invest...
Read moreTwiga, a Kenyan startup, has raised $50 million in a Series C funding round to expand its food solutions across Africa
Twiga, a Kenyan B2B e-commerce platform, has raised $50 million in Series C funding to help it expand its inexpensive...
Read moreUnion54 has closed a $3 million funding round led by Tiger Global
Union54, a fintech startup, has received a new round of funding from Tiger Global, a renowned venture capital firm. Ace...
Read moreAmpersand, a Rwandan electric motorcycle startup, has secured a $9 million loan facility
The US International Development Finance Corporation (DFC) has granted Ampersand, a Rwanda-based electric motorcycle startup, a $9 million financing facility...
Read moreStitch, a South African API fintech, has expanded into Nigeria and raised $6 million in a seed round
Stitch, a South African API fintech startup, has raised an additional US$6 million in its seed round, up from the...
Read moreAutochek has raised $13.1 million in funding to expand its auto lending platform across Africa
Autochek, an African automotive technology company that facilitates auto financing, has raised $13.1 million in early capital. The round was...
Read moreShipBlu, an Egyptian eCommerce fulfillment startup, has raised $2.4 million in seed funding
ShipBlu, an Egypt-based e-commerce startup backed by Y Combinator, has raised a $2.4 million seed round headed by Nama Ventures,...
Read moreCatalyst Fund invests in four Ghanaian digital commerce startups
The Catalyst Fund Inclusive Digital Commerce Accelerator welcomed OZÉ, Shopa, Swoove, and Tendo, four Ghanaian digital commerce startups, as the...
Read moreThe Algerian Startup Financing Fund has launched a $7.2 million fund to invest in the country’s most innovative startups
At the National Conference of Startups "Algeria Disrupt 2020," the Algerian Startup Financing Fund was officially launched. The fund, which...
Read moreVendease, an online marketplace, has raised $3.2 million in seed funding
Vendease, an online marketplace that connects restaurants and other food businesses with manufacturers and farms directly, has secured $3.2 million...
Read moreILLA, a Cairo-based FMCG logistics firm, has completed a $2 million funding round
ILLA, a Cairo-based FMCG logistics startup, raised $2 million in its most recent funding round. Watheeq Financial Services and Golden...
Read moreThe Big 5
