Turaco
Funding Insurtech Investment Venture Capital

Kenyan Insurtech, Turaco Gets $10m Series A Backing

Turaco, the Kenyan insurtech startup, has announced the close of a $10 million Series A equity round led by AfricInvest,

Janngo Capital
Venture Capital

Janngo Capital Startup Fund Reaches First Close of its €60m New Fund

Janngo Capital Startup Fund (JCSF) has announced its first close at EUR34 million (approximately US$36 million) in capital commitments on the eve of

Funding Investment Payment Venture Capital

Duplo Secures $4.3m Seed Funding to Transform Business-to-Business Payments in Nigeria

 Duplo, a business-to-business payment platform that makes it easier for African businesses of all sizes to pay each other, has

Ecobank
Fintech

2022 Ecobank Fintech Challenge Opens For Application

Ecobank has launched the fifth edition of the Fintech Challenge and it is inviting African Fintech founders to stand a

iProcure
AgricTech Agro-tech Funding Investment Venture Capital

iProcure Closes $10.2m Series B Funding to Led by Investisseurs & Partenaires

iProcure, a Kenyan startup offering agricultural inputs and digital supply chain solutions in rural Africa, has secured a $10.2 million

Pastel
Fintech Funding Investment Startup Venture Capital

Nigeria’s Pastel Secures 5.5m Seed Funding Led by TLcom

Pastel, a Nigerian digital bookkeeping platform for traders, has raised a $5.5 million seed round led by pan-African venture capital

Funding Investment Venture Capital

DataProphet Closes $10m Investment to Lead Digital Maturity Journey For Manufacturers

DataProphet, a South African AI-as-a-Service (AIaaS) for manufacturing innovators, has announced the completion of its $10 million Series A funding

Funding Investment Venture Capital

Kenya’s CrewHR Becomes FaidiHR After Securing Undisclosed Funding From SprintX

Crew HR & Payroll, a Kenyan HR and paytoll startup, has rebranded to FaidiHR after it received an undisclosed amount

Bloom
Fintech Funding Investment Venture Capital

YC-backed Sudanese Fintech Startup, Bloom Secures $6.5m Seed Round

Bloom, a Sudanese fintech startup, has raised a $6.5 million seed round from investors including Visa, Y Combinator, Global Founders

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