Venture Capital

AfricInvest Closes its Midcap-focused Fund Raising over $400m

AfricInvest, an African investment platform, has announced the final close of AfricInvest Fund IV with total commitments of US$411 million.

Edtech Funding Investment Venture Capital

Foondamate, a South African Edtech Startup Secures $2m Investment

Foondamate, a South African edtech startup, has secured a $2 million seed funding round led by LocalGlobe to boost and

Funding Investment Marketplace Venture Capital

Egyptian Online Used Cars Marketplace, Sylndr Closes $12.6m Pre-seed Round

Sylndr, an Egyptian online used-car marketplace, has raised $12.6 million for its pre-seed round led by RAED Ventures, with participation

Funding Health Investment Venture Capital

Egyptian Healthtech Startup Doxx Raises $1.5m Seed Round

Doxx, an Egyptian healthtech startup, has raised $1.5m in a seed round. Founded in 2020, Doxx connects users to professionals

Fintech Funding Investment

Bamba, a Pan-African Fintech Startup, Closes $3.2m Seed Funding to Expand its User Base Across Africa

Bamba, an African-focused fintech, has closed a $3.2 million in seed funding to scale its app and build out its

AgricTech Funding Investment

Naspers Foundry Leads $5.1m Equity Round in Agritech Company Nile

Naspers, through its early-stage tech investment vehicle Naspers Foundry, has announced a $2.5 million investment in Nile, an agritech company

Amethis
Venture Capital

Mustard Lunches Idea-stage Investment Vehicle to Build Africa-focused Brands For Global Audiences

Mustard, a London-based ‘venture agency’ exclusively focused on Africa, has launched its idea-stage investment vehicle to originate Africa-focused ventures capable

Africa Funding Mobile

Egypt’s Instabug Secures $46 Million in Series B Funding Led by Insight Partners

Instabug, the leading mobile monitoring, crash, and bug reporting solution for mobile teams, today announced $46 million in Series B

Fintech Funding Investment

Kenya’s FlexPay Secures Funding From Cairo Angels Syndicate Fund

FlexPay, a Kenyan fintech startup, has raised undisclosed amount of funding from The Cairo Angels Syndicate Fund (CASF), a micro

Autochek
Acquisition

Autochek Enters North Africa With Acquisition of Morocco’s KIFAL Auto

Autochek has announced the acquisition KIFAL, a Moroccan-based automotive technology company, as part of a drive to expand in North