LULA
Acquisition

LULA Acquires Zeelo’s South African Subsidiary

LULA, a ride-sharing platform for workers, has acquired the South African subsidiary of US-based staff bus-sharing startup Zeelo for an

BasiGo
Clean Energy CleanTech Electric Vehicle Funding

BasiGo Secures $225k Financing From Rwanda Green Fund

BasiGo, an electric bus company in Rwanda, has been awarded a $225,000 recoverable grant from Ireme Invest, the Rwanda Green

Innovate Africa
Venture Capital

Innovate Africa Launches with $2.5M Angel Fund for Early-Stage Africa-Focused Startups

Innovate Africa, an angel investment fund that supports early-stage founders, taking startups from conception to product and financing innovative ventures,

NALA
Funding Investment Payment

NALA Secures $40 to Strengthen Remittance Payments in Africa

NALA, a Tanzania remittance startup, has secured $40 million in Series A funding to support its global expansion and enhance

Sahl
Funding Investment Venture Capital

Egyptian Mobile Bill Payment App, Sahl Secures $6m Investment

Sahl, an Egyptian mobile bill payment app, has raised $6 million in Series A and seed funding to act as

Foundation Ventures
Funding

EIB Global Invests €25m in Amethis Fund III to Promote Sustainable Growth of African Businesses

The European Investment Bank’s EIB Global arm has invested €25 million in Amethis Fund III, a pan-African fund providing private equity growth

LAfricaMobile
Funding

LAfricaMobile Raises $4.6m to Lead Cloud Communication in French-speaking Africa

 LAfricaMobile, a cloud communication and mobile marketing platform, has announced that it has raised $4.6 million.  This new investment will allow LAfricaMobile to consolidate

Brass
Acquisition

Paystack-Led Investors Acquire Fintech Startup, Brass

Brass, a Nigerian fintech startup, has been acquired by an investment group led by Paystack, with participation from PiggyVest, Ventures

Acquisition Financial Services Fintech Investment

South African Financial Services Company, Lesaka Acquires Adumo For $85.9m

Lesaka, the South African 🇿🇦 financial services company, has signed a new deal to buy local fintech operator Adumo for

Swypex
Funding Investment Venture Capital

Egyptian Fintech Startup, Swypex Secures $4m Seed Round

Swypex, the Egyptian fintech startup, has raised a $4 million seed investment round led by Accel. The investment also included