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Baobab Network, an early-stage investor and accelerator that backs technology companies across Africa, has announced that they intend to invest in
Intella, the Egyptian deep tech startup, has closed a $3.4 million pre-Series A funding round led by HALA Ventures and
Stitch, the South African embedded payments platform, has closed a $25 million Series A Extension led by Ribbit Capital. The
Revio, the payment orchestration platform helping merchants optimize their order to cash lifecycle, announced a seed investment round of $5.2
Enza Capital, a Kenyan-based venture capital firm, has closed two funds totalling $58 million, to support innovation and growth in
Root Platform (Root), the low-code, API-first, end-to-end insurance technology platform provider, has announced that South Africa-based Invenfin, the venture and
Lupiya, a Zambian neobank, has secured $8.25 million in Series A funding. This fundraising endeavour was spearheaded by the Alitheia
Complete Farmer, a digital marketplace that brings together African farmers and international buyers, has raised $10.4 million in an equity
ANKA, the African e-commerce platform, has investment led by the International Finance Corporation (IFC) that will support the growth of
Fixit45, an African autotech aftermarket sector, has raised $1.9 million in equity and working capital at a recent pre-seed funding round.