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Moove, a Nigerian mobility fintech, has secured $20 million. 4-year structured credit investment from British International Investment (BII), the UK
Kune Food, a Kenya on-demand food marketplace, has shut down after less than a year of operations. This was announced
AFEX, the Nigerian commodities exchange platform, has announced its expansion into Kenya, following a successful pilot phase. As part of
XENO Corporation has raised a $2 million seed funding led by Beyond Capital Ventures. Based in Uganda, XENO was founded
Afropolitan, a startup that wants to build a digital nation for Africans, has raised pre-seed funding of $2.1 million. Founded
CrossBoundary Energy Access (CBEA), the African project financing facility for mini-grids, has announced $25 million in new funding commitments from
Jumba, a B2B construction technology platform, has raised $1 million in a pre-seed funding round led by Enza Capital. Joining
VeendHQ, a Nigerian digital lending platform, has raised $330,000 in pre-seed funding to actualise its goal of building an embedded finance
DXwand, an Egyptian startup that provides conversational artificial intelligence (AI) solutions, raised $1 million in a pre-series A investment round
GOMYCODE, a Tunisian edtech startup, has closed an $8 million Series A round led by AfricInvest, through the Cathay AfricInvest