News

Payday Secures $3M Seed Round to Power the Future of Work for Africa

Payday, an African neobank issuing global accounts to Africans, has raised a $3M seed round led by Moniepoint Inc. The

Fez Delivery
Funding Investment Logistics Startup Venture Capital

Fez Delivery, Techstars-backed Logistics Startup Announces Seed Raise of $1m Led by Ventures Platform

Fez Delivery, a logistics and delivery company, has raised a $1 million seed led by Ventures Platform, with participation from

Delta40
Venture Capital

Factor[e] Ventures Launches Delta40, a New Venture Studio to Transform African Startup Ecosystem

Factor[e] Ventures has announced the launch of Delta40, a new venture studio that aims to increase incomes and tackle climate

Autochek
Appointment

Autochek Appoints Robert Granados to its Board of Directors

Autochek, the automotive technology company making car ownership more accessible and affordable across Africa, has appointed US automotive industry leader

Volvo
Electric Vehicle

Volvo Delivers First Electric Truck to Morocco

Volvo Trucks has delivered its first heavy electric truck to refuse collection company Arma in Morocco. This is the first

Venture Capital

Verod-Kepple Africa Ventures Raises $43m to Focus on Emerging Growth Stage Companies

Verod-Kepple Africa Ventures has raised US$43 million as part of its ongoing fundraising for its pan-African venture fund.  The fund’s

Flutterwave
Finance Fintech Payment

Flutterwave Secures Two Additional Licenses in Rwanda

Flutterwave, Africa’s payments technology company, has today announced that it has received its Electronic Money Issuer and Remittance Licenses from

Onepipe
Funding Venture Capital

Onepipe Closes $4.8m Deal With TLG Capital to Offer Embedded Finance Services

Onepipe, a startup that powers digital financial services, has closed a $4.8 million credit line from pan-African investment firm, TLG

Almentor
Funding Investment Venture Capital

Almentor Secures $10mn Investment Round Led by e& capital to Bridge Education Gap For Arabic Speakers

Almentor, the Egyptian online video learning platform in Arabic, has raised $10 million in growth capital in a pre-series C round

Fawry
Digital Partnership

Fawry Offers its Digital Solutions For Mngm Platform for Precious Metals Clients

Mngm and Fawry have inked a deal that allows existing ‘Mngm’ customers to charge their cash balance through the Fawry