Aarhus Fremad
Acquisition Funding

Shola Akinlade of Paystack Takes 55% Stake in Danish Club Aarhus Fremad

Shola Akinlade, the founder and CEO of Paystack, has acquired a 55% stake in Danish Club Aarhus Frenad. Founded in

Fez Delivery
Funding Investment Logistics Startup Venture Capital

Fez Delivery, Techstars-backed Logistics Startup Announces Seed Raise of $1m Led by Ventures Platform

Fez Delivery, a logistics and delivery company, has raised a $1 million seed led by Ventures Platform, with participation from

Funding Investment Venture Capital

Rwazi Secures $4m Investment Led by Bonfire Ventures

Rwazi, a market intelligence startup, has secured $4 million in funding led by Bonfire Ventures and saw participation from Newfund

Delta40
Venture Capital

Factor[e] Ventures Launches Delta40, a New Venture Studio to Transform African Startup Ecosystem

Factor[e] Ventures has announced the launch of Delta40, a new venture studio that aims to increase incomes and tackle climate

Fin
Acquisition

South Africa’s Fin Acquires Thuthukani

Fin, a South African fintech company, has completed the acquisition of South African housing finance provider Thuthukani Housing Finance. This takeover continues

Venture Capital

Verod-Kepple Africa Ventures Raises $43m to Focus on Emerging Growth Stage Companies

Verod-Kepple Africa Ventures has raised US$43 million as part of its ongoing fundraising for its pan-African venture fund.  The fund’s

Ejara
Blockchain Funding

Ejara Gets Backing From Adaverse to Democratise Finance in Francophone Africa

Ejara, an investment platform that improves access to financial solutions through blockchain, has raised funding from Adaverse, a Cardano ecosystem

Onepipe
Funding Venture Capital

Onepipe Closes $4.8m Deal With TLG Capital to Offer Embedded Finance Services

Onepipe, a startup that powers digital financial services, has closed a $4.8 million credit line from pan-African investment firm, TLG

Almentor
Funding Investment Venture Capital

Almentor Secures $10mn Investment Round Led by e& capital to Bridge Education Gap For Arabic Speakers

Almentor, the Egyptian online video learning platform in Arabic, has raised $10 million in growth capital in a pre-series C round

FairMoney
Acquisition

FairMoney Acquires Payforce

FairMoney has acquired Payforce, a merchant payment collection and financial services distribution platform. The latter will now be known as PayForce