OKO
Funding Insurtech Investment Venture Capital

African-focused Insurtech Startup, OKO Raises $1.2m to Bring Innovative Insurance to Smallholder Farmers Across Africa

OKO, an Insurtech start-up that provides inclusive agricultural insurance to secure farmers’ income across Africa, has closed a seed investment

Appetito
Ecommerce Funding Investment

Egyptian Grocery Delivery Startup Appetito Raises $450K Seed Round

Appetito, an Egyptian-based grocery startup, has secured a $450K seed funding round from a group of Saudi Arabian Angel investors

Husk Power
Funding Investment Renewable Energy Venture Capital

SHYFT Power Solutions Raises Additional $3,1m Seed Round to Accelerate Transition to Affordable Energy

SHYFT Power Solutions, which builds IoT and software to optimize distributed energy resource performance and operational efficiency in emerging markets,

Revix
Cryptocurrency Funding Investment

SA Cryptocurrency Investment Platform Revix, Raises $4.1m in Off-shore Capital Funding

Revix, a South African cryptocurrency investment platform, with offices in Cape Town and London, has raised $4.1 million (R58.5 million)

Numida
Fintech Funding Investment Venture Capital

Ugandan Fintech Startup, Numida Secures $2.3m Investment Led by MFS Africa

Ugandan fintech startup, Numida has secured a $2.3 million seed investment led by MFS Africa, an African cross-border payment startup.

Ampersand
Funding Investment Renewable Energy Venture Capital

Ampersand Secures $3.5m in Sub-Saharan Africa’s Largest Ever Private Investment In Electric Mobility

Ampersand Rwanda Ltd, Africa’s first electric motorcycle company, has just secured a $3.5 million investment from the Ecosystem Integrity Fund

Appzone
Fintech Funding Investment Startup Venture Capital

Pan-African Fintech Platform AppZone Secures $10m Series A Funding

Appzone, the Pan-African fintech software provider building proprietary solutions for the continent’s banking and payments industries, has today announced the

Paymob
Fintech Funding Investment Venture Capital

Paymob, an Egyptian Fintech Startup, Raises $18.5m Series A Funding Led by Global Ventures

Paymob, an Egyptian fintech startup, has raised $18.5 million in a series A round led by Global Ventures. The round

SEC
Investment

FG Declares Foreign Stock Trading Platforms Like Bamboo, Trove, Rise and Others Illegal

The Federal Government through the Securities and Exchange Commission (SEC) has declared the activities of stock trading and investment platforms

PricePally
Funding Investment Venture Capital

PricePally Raises Six-figure Pre-seed Funding From VCs and Angels

PricePally has raised six-figure funding from Samurai Incubate, Launch Africa Ventures, and Angel Investors. The investment comes as the Lagos-based group-buying platform