Pezesha
Funding Investment Startup Venture Capital

Pezesha Secures $11m Pre-series A Funding to Grow its Embedded Finance Platform

Pezesha, a pan-African embedded finance fintech, has raised $11 million in pre-series A investment. The round was a mix of $6

valU
Acquisition

Egyptian BNPL, valU Acquires Fintech Company Paynas

valU, an Egyptian Buy-Now, Pay-Later (BNPL) fintech startup, has acquired 100% of Paynas, a full-fledged employee management and benefits company

Lami Technologies
Funding Insurtech Investment Venture Capital

Lami Technologies Raises US$3.7mn Seed Extension 

Lami Technologies, a Kenyan insurtech startup, has raised a US$ 3.7m seed extension to expand its insurtech product across Africa.

MEST Africa
Startup

APPLY: The MEST Africa Challenge

MEST Africa has officially announced the opening of applications for the 2022 MEST Africa Challenge. Pre-seed to seed stage technology

MNT-Halan
Acquisition

MNT-Halan Acquires Talabeyah, Integrated FMCG E-commerce and Distribution Platform

MNT-Halan, the Egyptian fintech startup, has acquired Talabeyah, a B2B e-commerce platform that offers FMCG supplies directly to small merchants,

Thepeers
Payment

Nigeria’s Thepeer Secures $2.1m Seed Funding to Facilitate African Expansion

Thepeer, an African tech infrastructure startup connecting businesses’ wallets, has secured a $2.1 million seed round led by The Raba Partnership.

EGYPT’S ON-DEMAND DIGITAL WAREHOUSING PLATFORM KHAZENLY SECURES $2.5 MILLION SEED FUND
Digital Funding Logistics

Egypt’s On-Demand Digital Warehousing Platform Khazenly Secures $2.5 Million Seed Fund

Khazenly, the Cairo-based on-demand digital warehousing and fulfilment platform, announces its successful seed fundraise of $2.5 million.  The funding round

Launch Africa
Venture Capital

Launch Africa Closes First Fund at $36.3m

Launch Africa, a pan-African venture capital firm, has closed a $36.3 million fund to fund more B2B and B2B2C startups

AgricTech Funding Investment

Naspers Foundry Leads $5.1m Equity Round in Agritech Company Nile

Naspers, through its early-stage tech investment vehicle Naspers Foundry, has announced a $2.5 million investment in Nile, an agritech company

Twiga Foods
AgricTech

Twiga Foods to Invest $10m in New Commercial Subsidiary Dubbed Twiga Fresh

Twiga Foods, the Kenya B2B agritech startup, has announced plans invest $10 million in a Twiga Fresh, a new subsidiary