Homzmart
Funding Investment Startup Venture Capital

Homzmart Secures $23m in Pre-series B Round Investment

Homzmart, an Egyptian furniture online marketplace, has raised $23 million in pre-series funding to expand its services. Saudi Technology Ventures

Oui Capital
Venture Capital

African VC Firm, Oui Capital Announces First Close of its $30M Second Fund

Oui Capital, an Africa-focused VC firm has completed the first closing of its $30 million second fund, Oui Capital Mentors

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

Orchestrate
Acquisition Fintech Payment

Getwallets Becomes Orchestrate After Acquisition by Bloc

Getwallets, the wallet-as-a-service provider that has now recently pivoted to become a payments orchestration company, Orchestrate after it was acquired

Duplo
Business Payment Report

Report Reveals Preference for Ease of Use, Reliability and Speed as African Businesses Transition From Cash-based B2B Payments 

A new report that includes the surveyed opinions of more than 1,000 business owners from Kenya, Nigeria, South Africa and

MNT-Halan
Acquisition

MNT-Halan Acquires Talabeyah, Integrated FMCG E-commerce and Distribution Platform

MNT-Halan, the Egyptian fintech startup, has acquired Talabeyah, a B2B e-commerce platform that offers FMCG supplies directly to small merchants,

Thepeers
Payment

Nigeria’s Thepeer Secures $2.1m Seed Funding to Facilitate African Expansion

Thepeer, an African tech infrastructure startup connecting businesses’ wallets, has secured a $2.1 million seed round led by The Raba Partnership.

Credpal
Fintech Funding Investment

Nigeria’s CredPal Raises Undisclosed Investment From Cairo Angels

The Cairo Angels Syndicate Fund (CASF), a micro venture capital fund that invests in early-stage startups in the Middle East

GOMYCODE
Edtech Funding Investment Startup Venture Capital

Tunis Based Edtech, GOMYCODE Raises $8m Series A Round

GOMYCODE, a Tunisian edtech startup, has closed an $8 million Series A round led by AfricInvest, through the Cathay AfricInvest

Fintech Funding Investment Startup

South Africa’s Finclusion Group Secures Funding From Cairo Angels

Finclusion Group, the South African fintech startup, has secured undisclosed funding from The Cairo Angels Syndicate Fund (CASF), a micro