Ecommerce Funding Retail

ProXalys Secures $150k Pre-seed From Haskè Ventures

ProXalys, a Senegalese B2B eCommerce company, has secured a $150,000 pre-seed funding from Haskè Ventures, the venture builder for Francophone

ParkUpp
Acquisition

South African Parking Marketplace, ParkUpp Acquired By Docklands Ventures

ParkUpp, a South African parking marketplace, has been acquired by real estate investment company Docklands Ventures. Founded in 2016, ParkUpp is

IFC
Investment

IFC Invests $10m in Knife Capital Fund III to Support South Africa’s Digital Entrepreneurs

The International Finance Corporation (IFC) has invested in Knife Fund III, a new fund managed by Cape Town-based venture capital

Accelerator

Flapmax Partners With Microsoft to Scale Africa’s Digital Ecosystem

Flapmax has partnered with Microsoft to help strengthen and scale Africa’s digital ecosystem with the launch of FAST, a startup accelerator.  Entrepreneurs based

Mecho Autotech
Funding Investment News Venture Capital

Mecho Autotech Secures $2.15m to Fix Nigeria’s Vehicle Maintenance

Mecho Autotech, a Nigerian on-demand auto repair and maintenance startup, has raised a $2.15 million seed round.  The Investors in

Createch
Accelerator

Apply: CCHub’s Createch Accelerator 1.0.

The Creative Economy Practice at CcHUB has launched a call for applications for Createch Accelerator 1.0. The Accelerator programme is for

Reliance Health
Funding Health Investment Venture Capital

Nigeria’s Reliance Health Raises $40M in Series B Led by General Atlantic

Reliance Health, an emerging markets-focused digital healthcare provider, has completed a $40M Series B funding round led by General Atlantic.

Sports

Paystack CEO Shola Akinlade Launches Football Club

The co-founder and CEO of Paystack, Shola Akinlade has launched a football club tagged Sporting Lagos. This was announced in

Acquisition Insurtech

Lami Acquires Kenya’s Bluewave Insurance Agency to Expand Access to Insurance Across Africa

Lami, Kenya’s insurance technology company, has acquired Bluewave Insurance Agency, a Kenyan-based insurtech startup that leverages mobile technology to reach

Casava
Insurtech Venture Capital

Casava Closes $4m Pre-seed Funding to Provide Microinsurance For Nigerians

Casava, Nigeria’s first 100% digital insurance company, has secured $4 million in pre-seed funding to provide affordable and accessible insurance