Funding Internet Investment Venture Capital

BLOC Smart Africa Leads $1m Round in South Africa’s TooMuchWifi

BLOC Smart Africa fund, initiated by the Smart Africa Alliance and managed by Bamboo Capital Partners, has announced an investment

Cryptocurrency Funding Investment Venture Capital

Mara Raises $23m to to Increase Number of Africans Participating in Crypto Economy

Mara, a pan-African crypto exchange platform, has secured a $23 million investment to build an African cryptocurrency exchange. The seed

Investment Startup Venture Capital

Nigerian KYC Verification Startup, Identitypass Raises $2.8m Led by Marc Ventures Capital

Identitypass, a Nigerian Know Your Customers (KYC) verification startup, has closed $2.8 million seed funding led by Marc Ventures Capital.

Funding Investment Venture Capital

South Africa’s Logistics Startup GoMetro Secures $1m Seed Extension

GoMetro, a South African logistics startup, has secured a $1 million seed extension round to accelerate its growth, bolster its

HAVAÍC
Venture Capital

HAVAÍC Announces Final Close of the HAVAÍC Universum Core African Fund

HAVAÍC, a South African venture capital firm, has announced the third and final close of its second pan-African investment fund. 

The Food Lab
Funding Investment Venture Capital

The Food Lab, Egypt’s Cloud Kitchen Startup, Secures Pre-seed Round of $4.5m

The Food Lab (TFL), Egypt’s first cloud kitchen services operator, has closed a $4.5m pre-seed funding round co-led by Nuwa

ETAP
Funding Insurtech Investment Venture Capital

ETAP Raises $1.5m Pre-seed Funding to Drive Car Insurance Penetration in Africa

ETAP, an insurtech startup that makes it easier to buy and claim insurance, has secured $1.5 million in pre-seed funding

Umba
Fintech Funding Investment Venture Capital

Nigerian Digital Bank Umba Secures $15m Led by Costanoa Ventures

Umba, a Nigerian digital banking startup, has raised $15 million in Series A funding to offer financial services to the

Algebra Ventures
Venture Capital

IFC Invests $15m in Algebra Ventures to Support Egyptian Tech Startups and Drive Innovation

The International Finance Corporation (IFC) has announced an investment in the second fund from venture capital firm Algebra Ventures to

ImaliPay
Fintech Funding Venture Capital

ImaliPay Closes $3m Seed Funding Round

ImaliPay, a financial platform for African freelancers, has secured $3 million in an equity and debt seed funding round. Participating