Funding Investment

Kenya’s Cartnshop Closes $400k Investment

Cartnshop, a Kenyan company that helps African small businesses build up internet storefronts quickly and inexpensively, has raised a $400,000

Funding Health Investment

Health tech Company, Susu Raises €2m to Accelerate Affordable Healthcare for Africans

Susu, a global health-tech company, focused on making healthcare accessible and affordable for Africans, has completed a €2 million pre-seed

Fintech Funding Renewable Energy

Kenya’s M-KOPA Secures $75m Funding to Expand Platform for Underbanked

M-KOPA, the Kenyan pay-as-you-go energy services for off-grid customers, has raised $75 million in a growth equity round to expand

Cryptocurrency Funding Investment

South African Crypto Exchange Firm, VALR Secures $50m Funding

VALR, a cryptocurrency exchange headquartered in South Africa, has raised $50 million (over R750 million) in Africa’s largest ever crypto

Acquisition

Weaver Fintech Acquires South Africa’s PayJustNow

Weaver Fintech, a South African fintech startup, has acquired an 85% stake in PayJustNow to drive its ongoing growth in

Funding Investment Venture Capital

Lipa Payments Secures $650k Funding For Contactless Payments Platform For Informal Sector

Lipa Payments, a South African fintech startup, has secured a R10 million ($650, 000) funding to build a contactless payments

TradeDepot
Acquisition

Nigerian B2B Marketplace TradeDepot Expands to Ghana With Acquisition of Green Lion

TradeDepot has acquired Green Lion, a Ghanaian B2B eCommerce platform to accelerate its growth, boosting its service delivery across the

Canza Finance
Fintech Funding Investment Venture Capital

Nigeria’s Canza Finance Secures $3.27m in Seed Funding

Canza Finance, a Nigerian neobank building a non-institutional-based financial system, announced the completion of its $3.27M seed round. The fundraising

MarketForce
Ecommerce Funding Investment Venture Capital

MarketForce Raises $40M Series A to Scale up The Super App for Africa’s Informal Merchants

MarketForce, the Nairobi-headquartered B2B platform for retail distribution of consumer goods and digital financial services in Africa, has closed a

Jambo
Funding Investment Venture Capital

Congolese Web3 Startup, Jambo Secures $7.5m Investment

Jambo, a Congolese web3 startup, has raised $7.5 million in seed funding. The round was made up of Coinbase Ventures,