Logistics

Kwik Delivery Closes $2M Series A Round Led by XBTO Ventures

Kwik Delivery, a Nigerian-based logistics startup, has closed a $2 million Series A round led by XBTO Ventures. The round

Funding Investment

Egyptian SaaS Platform FlapKap Secures $1.2m Funding

FlapKap, an Egyptian SaaS platform, has completed a $1.2 million fundraise led by A15. FlapKap was founded by Ahmad Coucha,

Powered by People
Ecommerce Funding Investment Venture Capital

Kenya’s Powered by People Secures $5m Funding to Grow its Wholesale eCommerce Platform

Powered by People, a Kenyan wholesale e-commerce platform, has secured $5 million in seed funding led by Susa Ventures and

Investment

Meaningful Gigs Bags $6m to Connect Africans With Remote Gigs

Meaningful Gigs has raised $6 million seed funding to connect Africans with international remote jobs. The seed round was led

Funding Investment Venture Capital

Rwanda’s Hence Technologies Secures $1.8M Funding

Hence Technologies, a Rwandan online marketplace for lawyers, has closed a $1.8 million seed funding. This takes the total amount

Startup Women

Mercy Corps Ventures Partners GreenHouse Capital For Female Focused Investment Readiness Bootcamp

Mercy Corps Ventures (MCV) in partnership with GreenHouse Capital has launched a 3-day virtual investment readiness program for early-stage female-founded

Funding Investment

Big Cabal Raises $2.3m Seed Funding Led by MaC Venture Capital

Big Cabal Media [BCM], a Nigerian media firm, has closed a $2.3 million seed round led by MaC Venture Capital,

IFC
Venture Capital

IFC Invests $5m in Disruptech Ventures Fund

The International Finance Corporation (IFC) has committed $5 million in Egyptian venture capital fund Disruptech Ventures to support development in

Venture Capital

Luno Unveils Venture Capital Arm Luno Expeditions

Luno, a cryptocurrency exchange, has launched its venture capital arm tagged Luno Expeditions to support innovative fintech and crypto/web3 founders

Women

TeamApt Partners Ingressive for Good For Cohort 2 of Women in Tech Internship Program

TeamApt, a Nigerian fintech startup, applications for its 2022 Women in Tech internship program tagged ‘The Apt 5’. This year,