Janngo Capital
Venture Capital

Janngo Capital Startup Fund Reaches First Close of its €60m New Fund

Janngo Capital Startup Fund (JCSF) has announced its first close at EUR34 million (approximately US$36 million) in capital commitments on the eve of

Sanari Capital
Funding Investment Startup

Sanari Capital Announces $27.4m First Close For its New Fund

Sanari Capital has announced a $28 million first close on its Sanari 3S Growth Fund (Sanari 3SG). The private equity firm

Bboxx
Acquisition

Bboxx Acquires Solar Energy Startup PEG Africa

Bboxx, a firm that manufactures plug-and-play solar systems, has acquired PEG Africa, a provider of distributed energy in West Africa.

NowNow
Fintech Funding Investment Payment Venture Capital

Nigeria’s NowNow Secures $13m Seed Funding

NowNow Digital Systems, a Nigerian fintech startup, has raised a $13 million seed round to boost financial inclusion across Africa

Endure Capital
Venture Capital

Egyptian Venture Capital Firm, Endure Capital Closes First Round of $50m Fund

Endure Capital, the Egyptian venture capital firm, has announced that it has completed the first close of its new $50

Google
Funding

60 African Startups Receive $4m Google Funding

Google has announced the selection of 60 African startups to receive a share of $4 million for the Google Black

Metaverse Magna
Blockchain Funding

Metaverse Magna Secures $3.2m to Build Africa’s Largest Gaming Community

Metaverse Magna (MVM), a blockchain gaming platform, has raised a $3.2 million seed sale token round to expand its efforts to

Funding Investment Payment Venture Capital

Duplo Secures $4.3m Seed Funding to Transform Business-to-Business Payments in Nigeria

 Duplo, a business-to-business payment platform that makes it easier for African businesses of all sizes to pay each other, has

Pezesha
Funding Investment Startup Venture Capital

Pezesha Secures $11m Pre-series A Funding to Grow its Embedded Finance Platform

Pezesha, a pan-African embedded finance fintech, has raised $11 million in pre-series A investment. The round was a mix of $6

Grey
Funding Investment Payment Venture Capital

Grey Raises $2M to Simplify Cross-border Payments Across Africa

Grey, a fintech for sending and receiving foreign payments for Africans, has raised $2 million in seed funding. The service