Flat6Labs
Venture Capital

Flat6Labs Announces Second Close of its Tunisia Seed Fund at $10m

Flat6Labs, a regional seed and early-stage VC firm has announced the second close, and increase of its Tunisia-based Anava Seed

Dopay
Fintech Funding Investment Venture Capital

Egyptian Fintech Firm, Dopay Secures $18m Series A Round to Grow its Virtual Banking Platform

Dopay, the Egyptian fintech firm, has closed an $18 million Series A funding round led by Force Over Mass Capital,

HelloChoice
AgricTech Fintech Funding Investment

South African Agri-fintech HelloChoice Secures Investment From Standard Bank

HelloChoice, the South African agri-fintech startup, has closed a major investment from Standard Bank following several partnerships. The 25% equity

Pravica
Blockchain Funding Investment Venture Capital

Egypt’s Pravica Secures Funding From Crypto Valley Venture Capital

Pravica, a communication platform using blockchain technology to empower user privacy and security, has announced a direct investment from Crypto

ZOLA ELectric
Funding Investment Renewable Energy Venture Capital

ZOLA Electric Secures $90m Funding to Expand into New Markets

ZOLA Electric, a renewable energy firm with operations in several African countries, has raised $90 million in debt and equity

AgricTech Funding Investment Venture Capital

Nigeria’s ReelFruit Secures $3m Series to Expand Production With New Factory

ReelFruit, a dried fruit company known for its snacks, has announced a Series A investment of $3 million. Alitheia IDF

Funding Investment

CDC to Boost Digital Infrastructure Across sub-Saharan Africa With Over $50m Investment

CDC Group, the UK’s development finance institution (DFI) and impact investor, has announced commitments totalling US$50.9 million to expand digital

Acquisition

Days After Raising $20m, South Africa’s Finclusion Group Acquires Stake in HelloHR

Finclusion Group has announced the acquisition of a strategic stake in HelloHR, a South African payroll software startup. This comes

Funding Health Investment Startup Venture Capital

Egyptian Healthtech Startup, Sotech Secures $1m Pre-Seed Round

Sotech, an Egyptian healthtech and IoT solutions startup, raised $1 million pre-seed funding round led by Innlife investments and key

Fawry
Acquisition Fintech

Fawry Acquires Minority Stake in Social Commerce Platform Brimore

Fawry, the Egyptian e-payments solutions and banking services provider, has acquired a minority stake in Brimore, a social commerce platform