Africa Business Funding Investment Startup

Scramble For African Startups By Venture Capitalists: Good or Bad?

Like the scramble for Africa that saw European powers invading, occupying and colonizing African territories without their consent, venture capitalists seem to

SIDEUP
Ecommerce Funding Investment

Egypt’s SIDEUP Closes $1.2m Seed to Scale its eCommerce Services

SIDEUP, the Egyptian startup for e-commerce services, has raised a $1.2 million seed round. Global and regional investors in early-stage

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

Waspito
Health

Cameroon’s Waspito Bags $2.7m Seed Funding Round

Waspito, a Cameroonian e-health startup, has secured a $2.7 million seed funding round to accelerate growth in its home market

Artificial Intelligence Investment Venture Capital

Tunisia’s Wattnow Closes $1.3m in pre-Series A Round

Wattnow, a Tunisian IoT smart energy management solution, has secured a $1.3 million pre-Series A funding round. The investment round

Zanifu
Fintech Funding Investment Venture Capital

Kenyan Fintech Startup, Zanifu Closes $1m Seed Funding

Zanifu, a Kenyan fintech startup, has secured $1 million in Seed funding to extend its MSME lending services across Africa. The

Orcas
Edtech Funding

Egyptian Edtech Startup Orcas Secures $2.1m pre-Series A Funding

Orcas, an Egyptian edtech startup, has raised a $2.1 million pre-Series A funding round co-led by CIRA’s NFX Ventures, and

Fintech Funding Investment Venture Capital

Egypt-based Microloan Solutions Provider Kashat Closes $1.75m Funding Round

Kashat, an Egyptian microloan solutions provider, has closed $1.75 million funding round. The bridge round was led by the Launch

MVX
Logistics

Multi-product Logistics Booking Platform, MVXTransit Rebrands to MVX

MVXtransit, a multi-product logistics booking platform, has rebranded and reintroduced itself as Merchant Venture Xpress (MVX). MVX is building digital

Kidato
Edtech Funding Investment Startup Venture Capital

Kenyan Edtech Startup, Kidato Raises $1.4M Seed Investment

Kidato, a Kenyan edtech startup for K-12 students has closed its $1.4 million seed funding. The investors include Learn Start