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News - East Africa
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Jambo, a Congo-based Web3 app developer, has raised $7.5 million in a seed round.
Jambo has announced the completion of a $7.5 million funding round. The "super-app" attempts to lower the barrier to entry...
Read moreMarketForce raises $40 million in Series A funding to expand its super app for Africa’s informal merchants
MarketForce, a Nairobi-based B2B platform for consumer goods retail distribution and digital financial services in Africa, has announced the completion...
Read moreBasiGo, a Kenyan startup, has received $4.3 million in seed funding to help accelerate the development of electric buses for public transportation
BasiGo, a Kenyan electric vehicle technology and financing startup introducing electric bus services to Sub-Saharan Africa, has acquired a seed...
Read moreThe African Development Fund has signed a grant agreement worth $14.2 million for a financial digitalization initiative
Malawi's government and the African Development Fund (ADF) have inked a $14.2 million grant deal to enhance infrastructure and build...
Read moreSistema.bio, a Kenyan biodigester company, secures $15 million in Series B funding
Sistema.bio, a biodigester firm, has raised $15.6 million in a Series B investment round to enable it reach 1...
Read moreThe Kigali International Financial Centre (KIFC) has announced the launch of a $50 million Fintech Africa Fund
The Kigali International Financial Centre (KIFC) has announced the launch of Africa's first and only Fintech Fund, worth $50 million....
Read moreAmitruck, a Kenyan logistics startup, has raised $4 million in seed funding to help it expand across Africa
Amitruck, a Kenya-based digital trucking logistics startup, has received US$4 million in seed funding to help it expand across Africa....
Read moreNALA, a Tanzanian fintech startup, has raised $10 million in capital to expand
NALA, a Tanzanian fintech startup, has acquired US$10 million in funding as part of its rapid development plans across Africa...
Read moreZanifu, a Kenyan fintech startup, has raised $1 million in seed funding
Zanifu, a Kenyan fintech that gives Micro, Small, and Medium Enterprises (MSMEs) access to working capital through short-term equity financing,...
Read moreSote, an African supply chain company, has raised $4 million in a seed extension round.
Sote, an African supply chain startup, has raised another $4 million in a seed round, increasing its total funding to...
Read morePoa Internet, a Kenyan Internet Service Provider, has closed a $28 million funding to expand its operations across Africa
Poa Internet, a Kenyan internet service provider, has received $28 million in Series C funding led by Africa50. Existing investor...
Read moreAsaak, a Ugandan fintech startup, has raised $30 million in pre-Series A funding.
Asaak, a Ugandan asset financing startup has announced a $30 million pre-Series A equity and debt funding round, with new...
Read moreThe Big 5
