Kigali International Financial
Venture Capital

Kigali International Financial Centre Sets up $250m Virunga Africa Fund I

The Kigali International Financial Centre (KIFC), Africa’s leading destination for compliant and professional financial services and cross-border investments, announces the

Appetito
Delivery Funding Investment Startup Venture Capital

Egyptian Grocery Delivery Startup, Appetito Closes $2m pre-Series A

Appetito, an Egyptian grocery delivery startup, has raised $2 million in pre-Series A round, led by Jedar Capital, with participation

Breadfast
Delivery Funding Investment Venture Capital

Breadfast, an Egyptian Grocery Delivery Startup, Closes $26m Series A Round

Breadfast, the Egyptian grocery delivery startup, has closed a $26 million Series A round co-led by Vostok New Ventures and

Kwara
Insurtech Partnership

Kwara and Lami Technologies Partner to Enable Greater Access to Insurance Products For SACCO Members in Kenya

Kwara, a digital banking fintech startup, has partnered with Kenyan-based insurance technology company, Lami Technologies, to provide Savings and Credit Co-operative Society (SACCO)

Opibus
Electric Vehicle Funding Investment Venture Capital

Kenyan-based Electric Vehicle Manufacturer, Opibus Secures $7.5m Funding

Opibus, a Kenyan-based electric vehicle manufacturer, has raised $7.5 million in funding led by Silicon Valley fund At One Ventures, further supported

Chipper Cash
Fintech Funding Investment Venture Capital

Chipper Cash Officially a Unicorn As it Raises $150m Extension Round at $2bn Valuation

Chipper Cash, an African cross-border payments company, has raised $150 million in a Series C extension round led by cryptocurrency

Lemonade Finance
Funding Money Transfer Payment Venture Capital

Lemonade Finance Closes $725k Pre-seed Funding to Disrupt Cross-border Financial Services

Lemonade Finance, a startup that allows Africans abroad to send and receive money from home, has raised US$725,000 in pre-seed

Airtel Africa
Airtel Edtech Telecom

Airtel Africa and UNICEF Announce Partnership to Scale-up Digital Learning For Children Across Africa

Airtel Africa and UNICEF have announced a five-year pan-African partnership to help accelerate the launch of digital learning through connecting

Ampersand
Funding Investment Renewable Energy

Ampersand Secures $9m Funding From International Development Finance Corporation (DFC) to Scale Operations

Ampersand, Africa’s first electric motorcycle company, has just secured a $9 million loan facility from the U.S. International Development Finance

Savvy
Entrepreneurship Funding

Savvy Secures New Funding From ITU and United Nations

Savvy, an entrepreneurial support organization, has secured an extra $25,000 in grant funding, which is their second grant for this