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Duplo, a Y Combinator backed Nigerian fintech, has raised $1.3 million to digitise payment flows for B2B companies. The pre-seed
ParkUpp, a South African parking marketplace, has been acquired by real estate investment company Docklands Ventures. Founded in 2016, ParkUpp is
The International Finance Corporation (IFC) has invested in Knife Fund III, a new fund managed by Cape Town-based venture capital
Mecho Autotech, a Nigerian on-demand auto repair and maintenance startup, has raised a $2.15 million seed round. The Investors in
SOKNA, an Egyptian company that provides comprehensive funeral services, has raised a $1 million round of funding. The list of
Transtura, a Nigerian ride-hailing startup, has acquired WazoMoney, a fintech startup that provides simplified payment solutions. The acquisition will enable
Reliance Health, an emerging markets-focused digital healthcare provider, has completed a $40M Series B funding round led by General Atlantic.
Kigali International Financial Centre (KIFC) has launched a $50 million Fintech-focused Africa Fund. Backed by MyGrowthFund Venture Partners, the fund
Lami, Kenya’s insurance technology company, has acquired Bluewave Insurance Agency, a Kenyan-based insurtech startup that leverages mobile technology to reach
Afya Rekod, a Kenyan based company, has raised $2 million in Seed funding, led by Mac Venture Capital. Other participants include Next Chymia,