Algebra Ventures
Venture Capital

FMO Announces $10m Commitment to Algebra Fund II

FMO, the Dutch entrepreneurial development bank, and Egyptian venture capital firm Algebra Ventures today announced the signing of a USD

SOUTH AFRICA’S SMARTWAGE APPOINTS THAMSANQA MOYO AS ITS NEW CTO
Africa Funding Startup

Cathay AfricInvest Innovation Fund Complete Final Close of €110M

AfricInvest, a leading multi-asset investment platform in Africa and global venture capital firm Cathay Innovation, have completed the final close

FSD Africa
Funding Investment

FSD Africa Investments Joins 2X Collaborative

FSD Africa Investments (FSDAi), the investment arm of FSD  Africa, has joined the 2X Collaborative. Launched at the UN Generation

Sava
Fintech Funding Investment

SA Spend Management Platform, Sava Closes $2M pre-seed Investment

Sava, a South African spend management startup, has raised $2 million in pre-seed funding from several Africa-focused investors: Quona Capital,

Afrikamart
AgricTech Funding Startup Venture Capital

Afrikamart, a Senegalese Agritech Startup, Secures $850k Seed Round

Afrikamart, the West African agritech startup, has announced the closing of an $850,000 seed round of financing from leading venture

Kukua
Education Entertainment Funding

Kenyan Educational Entertainment Startup, Kukua Secures $6m Series A Funding

Kukua, a Nairobi and London-based educational entertainment company and the creators of “Super Sema,” the first African animated superhero franchise,

Kune Food
Marketplace Startup

Kenyan On-demand Food Marketplace, Kune Shuts Down

Kune Food, a Kenya on-demand food marketplace, has shut down after less than a year of operations. This was announced

Fido
Fintech

Ghanaian Fintech Firm Fido Raises $30m for African Expansion

Fido, a Ghana-based fintech startup, has completed a $30 million Series A financing round led by Fortissimo Capital with the participation

Kibo School
Edtech Education

Nigeria’s Kibo School Gets $2m Backing From Global Investors

Kibo School, a Nigerian edtech startup, has raised a $2 million seed funding led by Neo, a VC firm by

Afropolitan
Funding Investment Startup Venture Capital

Afropolitan Secures $2.1m Funding to Build Digital Nation For Africans

Afropolitan, a startup that wants to build a digital nation for Africans, has raised pre-seed funding of $2.1 million.  Founded