News

CutStruct, a Lagos-based construction-tech startup, has raised US $1.5 million in a seed funding round led by CRE Venture Capital, with additional...

Telegram CEO Pavel Durov announced today that Elon Musk’s AI firm xAI has committed US $300 million—in a combination of cash and...

Carrot, a fintech startup based in Nigeria, has secured US $4.2 million in seed funding to scale its innovative asset-backed lending service...

ElGameya, a Cairo-based fintech startup digitizing the culturally ingrained ROSCA (Rotating Savings and Credit Association) model, has secured a seven‑figure...

Thndr, a Cairo-based digital investment platform, has raised US $15.7 million in a Series A round led by Prosus Ventures, with participation...

MaxAB‑Wasoko, the leading pan‑African retail e‑commerce and supply‑chain super‑app, has announced the acquisition of Egypt‑based B2B marketplace Fatura from EFG...

Sylndr, Egypt’s leading online used-car platform, has secured US $15.7 million in a Series A equity funding round, led by Development Partners...

AURA, the South African-born emergency-response technology platform, has secured a €13.5 million (US $15.1 million) Series B funding round to fuel its expansion into...

BURN, Africa’s leading clean cookstove manufacturer, distributor, and carbon project developer, has secured a US $5 million investment from ElectriFI—the EU-funded...

The European Investment Bank’s development arm, EIB Global, has joined forces with Kenya’s Family Bank to mobilize a combined €100 million (approx. US $111 million)...

Egyptian B2B medtech platform i’SUPPLY has secured a US $3 million Sharia-compliant, revenue-based revolving financing facility provided by Bokra, a Cairo‑based fintech...

MoneyFellows, a leading Egyptian fintech startup, has announced the successful closure of a $13 million pre-Series C funding round. The...