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

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

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

Amitruck
Logistics

Kenyan Logistics Startup, Amitruck Raises $4m For East African Expansion

Amitruck, a Kenyan logistics startup, has raised $4 million in seed funding. The round was led by Better Tomorrow Ventures

Norrsken22
Venture Capital

Backed by 30 Unicorn Founders, Norrsken22 Holds First Close of $200m Fund For African Startups

The Norrsken Foundation has launched Norrsken22 Africa Tech Growth Fund, which has held its first close at $110 million. The

Bamboo
Funding Investment Venture Capital

Nigerian Investment Startup, Bamboo Closes $15m Series A

Bamboo, a Nigerian stock investment marketplace, has closed a $15 million Series A round led by Tiger Global and Greycroft.

Funding Investment Logistics Venture Capital

African Supply Chain Startup, Sote Raises $4m Seed Extension Round

Sote, an African supply chain startup, has raised a $4 million seed extension round to expand its solution offering into

PAPS
Logistics

PAPS, a Senegalese Logistics Startup Secures $4.5m pre-Series A Round

PAPS, a Senegalese logistics startup, has raised a $4.5 million pre-Series A round to expand its tech-enabled logistics solution across

SeamlessHR
Funding Investment Startup Venture Capital

Nigerian HR Startup, SeamlessHR Secures $10m Series A Investment

SeamlessHR, a Nigerian startup that offers payroll and HR software-as-a-service (SaaS) solutions, has raised a $10 million Series A investment. The funding