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Oxfam Novib and Goodwell Investments have announced a new €20 million fund dubbed Pepea. The fund will support early-stage growth companies
Payday, an African neobank issuing global accounts to Africans, has raised a $3M seed round led by Moniepoint Inc. The
FairMoney has acquired Payforce, a merchant payment collection and financial services distribution platform. The latter will now be known as PayForce
YMO, a Franco-Guinean start-up, has closed a new funding round led by Breega and INCO Ventures to accelerate the deployment
Envisionit Deep AI®, a South African health-tech startup, has raised $ 1.65 million from New GX Ventures SA with an
Jumba, a Kenyan construction technology platform, has secured $4.5 million in a seed round led by LocalGlobe. Also participating are
Partech, the global Venture Capital firm, has announced the first close of Partech Africa II at €245 million. The investors in Partech
After acquiring a majority shareholding in Daraja Microfinance Bank, Umba can now offer full banking services in Kenya, including current
Application for the 2023 Savvy Global Fellowship Program for Aspiring and early-stage entrepreneurs is now open. Savvy Global Fellowship is
SunFi, the Nigerian clean tech startup, has raised $2.33 million in seed funding from lead investors including Nairobi-based Factor[e] and