Madica
Funding Investment News Venture Capital

Meet Startups That Just Received $200,000 Each From Madica

Does $200,000 sound like a good investment in your tech-enabled African startup? We are sure your answer is yes! These

StarkWare
Blockchain Funding Investment Venture Capital

StarkWare Launches $4 Million Venture Fund to Drive Blockchain Innovation in Africa

StarkWare has announced the launch of a $4 million venture fund aimed at fostering blockchain innovation across Africa. This initiative

Proparco
Funding Investment SMEs

Proparco Invests €10m in AfriInvest’s New SME Fund

Proparco has announced a €10 million investment in the latest fund dedicated to small and medium-sized enterprises (SMEs) from AfricInvest,

Moniepoint
Funding Investment Payment

Visa Invest in Moniepoint to Accelerate Financial Inclusion for African SMEs

Moniepoint, a Nigerian business payments and banking services platform, has secured an investment from Visa, a digital payments firm. The

Funding Insurtech Investment Venture Capital

Naked Raises $38m to Accelerate its Mission of Transforming Insurance

South African insurtech Naked has secured $38 million (about R700 million) in its latest funding round as it continues to redefine

Purple Elephant Ventures
Africa Funding Investment Venture Capital

Purple Elephant Ventures Secures $4.5M Seed Round to Boost Africa’s Tourism Industry

Purple Elephant Ventures (PEV), a Nairobi-based venture studio, has raised $4.5 million in seed financing, marking one of the largest tourism-tech rounds in African

Sistema.bio
Funding Investment Venture Capital

Sistema.bio Secures $3.5m Funding to Double down on Expansion

Sistema.bio, a startup that delivers biogas technology, financing, and services for family farmers, has announced Novastar Ventures as its newest investor. Novastar

LemFi
Funding Investment Payment Venture Capital

LemFi Secures $53M in Series B Investment Led by Highland Europe

LemFi, the payment and remittance firm, has raised $53 million in Series B funding led by Highland Europe with participation

Ecommerce Funding Investment Venture Capital

Z.Systems Raises $1.05M to Revolutionize Morocco’s FMCG Sector

Z.Systems, a B2B marketplace transforming Africa’s traditional retail ecosystem, has successfully closed a $1.05M seed funding round. Led by Morocco-based

Juicyway
Funding Investment Venture Capital

Juicyway Secures $3M to Revolutionise Cross-Border Payments in Africa

Juicyway, a payment startup using stablecoin technology to transform cross-border payments connecting people and businesses, has announced a $3 million