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Following its $2 million raises a few weeks ago, MarketForce, the Kenyan retail distribution startup, has commenced operations in Nigeria.
The list of African Venture Capitalists is slowly growing. Although funding or investment in African startups is still dominated by
Chari, a Moroccan b2b ecommerce startup, has secured a $5 million seed round at a valuation of $70 million. It
Biware, Tunisian data management, and analytics startup, has closed a $1.2 million seed round from CDC Gestion and Zitouna Capital. Developed in 2011
Bitmama, an African blockchain startup, has closed a $350,000 pre-Seed round, led by Flori Ventures, with participation from Nigeria-based investment fund Emergence Capital, Fedha
Lami Technologies, an insurtech startup, and Sendy Limited, a tech-logistics company, have announced a collaboration that will enable transporters in
Moove, an African mobility fintech startup, has announced its launch in Cape Town, South Africa; as part of its growth
Thirty-one startups from across Africa have been selected for the Smart Cities Innovation Programme (SCIP). The 31 startups were selected out
Chipper Cash, the African cross-border fintech startup, has launched its services in South African with a freemium peer-to-peer instant money
Sotech, an Egyptian healthtech and IoT solutions startup, raised $1 million pre-seed funding round led by Innlife investments and key