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Funding
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The 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 moreAlgebra Ventures, an Egyptian venture capital company, has launched a $90 million second fund
Algebra Ventures, Egypt's venture capital company, announced the launch of its $90 million second fund, which will invest in startups...
Read moreSun Exchange, a South African startup, has raised $1.4 million from a crowd sale of a Zimbabwe solar project
Sun Exchange, an energy start-up in South Africa In a crowd selling of solar cells for a 1.9 megawatt (MW)...
Read moreJumia raises $348.6 million from secondary shares
Jumia, Africa's largest ecommerce firm, has raised $348.6 million through secondary shares offerings of 8,962,961 American Depositary Shares (ADS). The...
Read moreCuracel, a Nigerian insurtech startup, has raised $450,000 in a pre-seed round to expand across Africa
Curacel, an artificial intelligence powered platform for claims processing and fraud management in Africa, has just announced a $450k pre-seed...
Read moreThe Big 5
