IFU ENDOWS SPARK+ AFRICA FUND WITH €4.5 MILLION INVESTMENT FOR CLEAN COOKING IN AFRICA
Africa Clean Energy Funding Investment

IFU Endows Spark+ Africa Fund with €4.5 million investment for Clean Cooking in Africa

The Investment Fund for Developing Countries (IFU) has endowed the new Spark+ Africa fund  with €4.5 million for clean cooking

Farmerline
AgricTech Funding Investment

Ghana’s Farmerline Secures $12.9m Pre-Series A Investment to Help African Farmers

Farmerline, a Ghanaian agritech startup, has secured a US$6.4 million Pre-Series A investment and $6.5 million debt to strengthen its

The Food Lab
Funding Investment Venture Capital

The Food Lab, Egypt’s Cloud Kitchen Startup, Secures Pre-seed Round of $4.5m

The Food Lab (TFL), Egypt’s first cloud kitchen services operator, has closed a $4.5m pre-seed funding round co-led by Nuwa

ETAP
Funding Insurtech Investment Venture Capital

ETAP Raises $1.5m Pre-seed Funding to Drive Car Insurance Penetration in Africa

ETAP, an insurtech startup that makes it easier to buy and claim insurance, has secured $1.5 million in pre-seed funding

Umba
Fintech Funding Investment Venture Capital

Nigerian Digital Bank Umba Secures $15m Led by Costanoa Ventures

Umba, a Nigerian digital banking startup, has raised $15 million in Series A funding to offer financial services to the

Pylon
Funding Investment

Egypt’s Pylon Secures $19m Seed Funding Round

Pylon, an Egyptian infrastructure management platform for water and electricity companies in emerging markets, has raised a $19 million seed

Sprints
Edtech Funding Investment

Egypt’s Sprints Closes $1.2m Seed Round Led by Alexandria Angels Network

Sprints, an Egyptian edtech startup, has raised $1.2 million in a seed round led by Alexandria Angels Network as well

Ziroopay
Fintech Funding Investment

ZirooPay Secures $11.4m in Series A Funding For Mobile POS Solution in Nigeria

ZirooPay, a Nigerian fintech startup, has raised $11.4 million in a Series A funding round led by Zrosk Investment Management.

Platform Capital
Investment SMEs

Platform Capital Launches in South Africa to Invest in Local SMEs

Platform Capital, a provider of advisory services, has officially launched operations in South Africa to provide strategically driven investments with

SmartWage
Funding Investment Venture Capital

South Africa’s Smartwage Raises $2m to Bridge Gap Between Businesses and Their Frontline Employees

SmartWage, an HR and communications technology startup, has raised a USD$2 million oversubscribed seed funding round to support its vision