Algebra Ventures
Venture Capital

Algebra Ventures Launches $90m Second Fund to Support Egyptian Tech Startups

Algebra Ventures, Egypt’s leading VC firm, has announced the launch of its $90 million second fund to support tech startups

Sawari Ventures
Venture Capital

Sawari Ventures Closes $71m Fund to Invest in Egyptian Tech-driven Companies

Sawari Ventures has announced the closing of the Egypt-based fund with total commitments of USD 30 Million from Misr Insurance Group,

Baobab+
Funding Investment Renewable Energy Venture Capital

French West African Solar Distributor, Baobab+ Raises €4m to Expand its Services in Côte d’Ivoire and Senegal

Baobab+, a French West African distributor of solar home systems, has announced that it has raised €4 million in financing

Ovex
Bitcoin Cryptocurrency Funding Investment Venture Capital

South Africa-based Crypto Exchange Platform, Ovex Raises $4M in Funding

Ovex, a South Africa-based cryptocurrency exchange platform, specializing in over-the-counter (OTC) trading, has raised $4m in funding. Quantitative cryptocurrency trading

Tugende
Funding Investment Venture Capital

Tugende Secures $3.6M Investment to Help Meet Intense Demand For Productive Asset Finance

Tugende, a technology-enabled asset finance company, in East Africa has closed $3.6M in additional equity financing.  The round was led

Curacel
Funding Insurtech Investment Venture Capital

Nigerian Insurtech Startup, Curacel Secures $450k Pre-seed Investment

Curacel, a Nigerian startup that aims to fast-track claims processing and detects fraudulent claims for health insurance, has raised a

Afriex
Fintech Funding Investment Startup Venture Capital

African Remittance Startup, Afriex Raises $1.2m Investment to Expand its Footprint Across Africa

Afriex, an African remittance startup has raised a $1.2 million seed funding to expand its services across. The startup provides

AECF
Funding Investment Renewable Energy Venture Capital

US$1.2m Innovation Fund Launched to Unearth Emerging Technologies

The African Enterprise Challenge Fund (AECF) has launched a US$1.2 million Innovation Fund to unlock the potential of renewable energy

Kwik Delivery
Funding Investment Logistics Startup Technology Venture Capital

Kwik Delivery Closes $1.7m Pre-Series A Financing Round

Kwik Delivery has announced that it has closed its pre-Series A financing round. The company successfully raised $ 1.7 million

Termii
Entrepreneurship Funding Startup Venture Capital

Nigerian YC-Backed CPaaS startup Termii secures $1.4m Seed Capital

Termii, an African communications-as-a-service startup has raised $1.4 Million in seed funds. 50% of the round was co-led by Kepple