Ubongo
Awards Edtech

Tanzania-Based Edtech, Ubongo Gets $27.8m Award From Lego Foundation Global Challenge

Ubongo, an African edtech startup, has been chosen as one of the five recipients of the Lego Foundation’s global Build

Fin
Funding Investment Startup

Finclusion Becomes Fin, Raises Funding to Enhance its Offering and Footprint

Finclusion Group is officially announcing a brand integration across its markets to Fin. With this step, the company is consolidating

MEST Africa
Startup

Senegal’s Kwely Emerges As Winner of the 2022 MEST Africa Challenge

MEST Africa has announced Senegalese tech startup Kwely as the winner of the 2022 edition of the MEST Africa Challenge (MAC); a pan-African tech

Future Africa
Venture Capital

Future Africa, TLG Capital to Launch $25m Venture Debt Fund For its Portfolio Companies

Future Africa, an African-focused VC firm, has partnered with TLG Capital to launch a $25 million venture debt fund for

Aruwa Capital
Venture Capital

Aruwa Capital Management Achieves Final Close on Fund I

Aruwa Capital Management, a Lagos-based female-founded and led early-stage growth equity and gender lens investment fund, has announced the successful

MASTERCARD
Venture Capital

$200 Mastercard Foundation Africa Growth Fund Launched

The Mastercard Foundation Africa Growth Fund (The Fund), a Fund-of-Funds of African investment vehicles (IVs) to support early-stage, growth-oriented SMEs, launched today with $200

Ramani
Funding Venture Capital

Ramani Raises $32m to Build Financial Infrastructure for Africa’s Supply Chains

Ramani, a Tanzanian startup building the financial infrastructure for Africa’s supply chain, has raised $32 million in a Series A

Djamo
Funding Investment Payment Venture Capital

Djamo Raises $14m to Build Personal Finance App For Francophone Africa

Djamo, a Y Combinator-backed fintech building a personal finance company in Francophone Africa, has raised $14 million in an equity

Leta
Funding Investment Logistics

Kenya’s Leta Secures $3M in Pre-Seed Funding to Expand its Supply Chain and Logistics Platform

Leta, the supply chain and logistics startup driving distribution optimization, has announced the close of a $3 million Pre-Seed equity round that

Partnership

SecondSTAX Partners With African Stock Exchanges to Enable Easier Access to Capital Markets

SecondSTAX, a technology company that is building solutions to enhance intra-Africa capital and investment flows, launched the SecondSTAX Portal – a technology-driven