Cartona
Business Ecommerce Funding Investment

Cartona Closes $8.1m Series A Funding in Debt, Equity Investment

Cartona, the B2B platform digitising and empowering stakeholders of Egypt’s traditional trade market – including mom-and-pop stores, hotels, restaurants, ​​cafes,

Educatly
Education Funding

Egypt’s Educatly Secures $2.5m Investment Led by TLcom Capital and Plus VC

Educatly, the Egyptian higher education startup, has announced that it has secured a new funding round of $2.5 million led

Sahl
Funding Investment Venture Capital

Egyptian Mobile Bill Payment App, Sahl Secures $6m Investment

Sahl, an Egyptian mobile bill payment app, has raised $6 million in Series A and seed funding to act as

Amethis
Funding

EIB Global Invests €25m in Amethis Fund III to Promote Sustainable Growth of African Businesses

The European Investment Bank’s EIB Global arm has invested €25 million in Amethis Fund III, a pan-African fund providing private equity growth

Brass
Acquisition

Paystack-Led Investors Acquire Fintech Startup, Brass

Brass, a Nigerian fintech startup, has been acquired by an investment group led by Paystack, with participation from PiggyVest, Ventures

OpenseedVC
News

OpenseedVC Launches With First Close Of $10M Fund To Be First Investor In Operators Starting Their Technology Companies

OpenseedVC, a new operator-led fund seeking to be the first investors in operators starting their technology companies across Africa and

Madica
Startup

Pre-seed Investment Programme, Madica Announces First Set Of African Tech Portfolio Companies

Madica, a structured investment program designed for pre-seed stage startups in Africa, announced its first set of investments in three

Goodwell
Funding Investment Startup Venture Capital

Goodwell Invests in OmniRetail to Fuell Opportunities for Informal Retailers Across Africa 

Goodwell Investments, an impact investor focused on innovative businesses in emerging markets, has announced its recent investment in OmniRetail – a B2B

 BURN
Funding Investment Venture Capital

BURN Secures Over USD 12 Million Investment to Expand Clean Cooking Across Africa

BURN Manufacturing, the clean cookstove manufacturer, distributor, and carbon project developer, has announced completion of a follow-on-carbon project investment from

Amethis
Venture Capital

IFC Invests in New 4DX Ventures Fund to Support Tech Startups in Africa

IFC has disclosed that it is investing $10.5 million in a new fund by 4DX Ventures, a New York-based venture