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Investments
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Sawari Ventures, an Egyptian venture capital company, has closed a $69 million fund to invest in Egyptian startups
Sawari Ventures, based in Cairo, announced today that it has closed its Egyptian fund with new commitments totaling $28 million...
Read moreTakeStep, an Egyptian mental e-health startup, has raised seed funding to expand into GCC region
TakeStep, an Egyptian e-health startup, has raised seed funding to extend its operations to the Gulf Cooperation Council (GCC) area...
Read moreMastercard to invest $100 million in Airtel Africa’s mobile money unit
Mastercard Inc, a global payment processor, is investing $100 million in Airtel Africa's mobile money operations, valuing the firm at...
Read moreDidi Chuxing, China’s e-hailing service, is expanding into South Africa
SoftBank-backed China's leading e-hailing service, Didi Chuxing is expanding into South Africa, to challenge market leaders Bolt and Uber. The official...
Read moreMubadala and Abu Dhabi Catalyst Partners invest $150 million in Telegram
Mubadala Investment Company and Abu Dhabi Catalyst Partners invest $150 million in Telegram, a social media platform, in 5-year pre-IPO...
Read moreBankly, a Nigerian fintech startup for the unbanked, has raised $2 million in seed funding to digitize the country’s informal thrift savings scheme
Bankly, a Nigerian fintech company that digitizes cash for the unbanked, has raised $2 million in its seed round from...
Read moreAfriex raises $1.2 million in a seed round to expand its payments and remittances network throughout Africa
Afriex, a Y Combinator-backed fintech startup, has raised $1.2 million in a seed round. Tope Alabi and John Obirije founded...
Read moreRedbird, a Ghanaian e-health startup, has raised $1.5 million in seed funding to expand access to rapid medical testing across Sub-Saharan Africa.
Redbird, a Ghanaian health tech company that enables doctors and patients to display the specifics of test results at any...
Read moreTermii, a Nigerian CPaaS startup, has raised $1.4 million in seed funding
Termii, a Nigerian communications platform-as-a-service (CPaaS) startup that helps African businesses solve this issue, announced today that it has raised...
Read morezVendo, Egypt-based e-commerce platform has raised a six-figure seed investment
Egypt-based e-commerce platform zVendo has raised a six-figure Seed funding round from EFG EV Fintech and unidentified angel investors, paving...
Read moreAirtel Mobile Money raises $200 million from Rise Fund
Airtel Mobile Commerce, Airtel Africa's mobile money venture, has raised $200 million from TPG's impact investment arm, The Rise Fund....
Read moreNorrsken, a global entrepreneurship hub will invest $12m in Rwanda’s start-up scene through its Kigali campus.
Norrsken, a global entrepreneurship hub, has set aside $12 million for the Kigali Campus to invest in the local and...
Read moreThe Big 5
