Kigali International Financial
Funding Venture Capital

KIFC Unveils $50m Fintech-focused Africa Fund

Kigali International Financial Centre (KIFC) has launched a $50 million Fintech-focused Africa Fund.   Backed by MyGrowthFund Venture Partners, the fund

Acquisition Insurtech

Lami Acquires Kenya’s Bluewave Insurance Agency to Expand Access to Insurance Across Africa

Lami, Kenya’s insurance technology company, has acquired Bluewave Insurance Agency, a Kenyan-based insurtech startup that leverages mobile technology to reach

Casava
Insurtech Venture Capital

Casava Closes $4m Pre-seed Funding to Provide Microinsurance For Nigerians

Casava, Nigeria’s first 100% digital insurance company, has secured $4 million in pre-seed funding to provide affordable and accessible insurance

YFS
Logistics

Egyptian On-demand Logistics Startup, YFS Closes $7m Series A

Yalla Fel Sekka (YFS), an Egyptian on-demand logistics provider, has raised a $7 million Series A round led by DisruptAD,

Nestcoin
Cryptocurrency Funding Venture Capital

Nestcoin Closes $6.45m in Pre-seed Funding to Accelerate Crypto and Web3 Adoption in Frontier Markets

Nestcoin, a company building, operating, and investing in web3 applications, has raised $6.45 million in pre-seed funding. This new investment

Moove
Fintech Investment Mobility

Moove Secures $10m Funding From NBK Capital Partners Mezzanine Fund

Moove, an African mobility fintech, has secured a US$ 10 million financing facility from NBK Capital Partners Mezzanine Fund II.

AltSchool
Funding Investment Venture Capital

Yusuf Adewale’s AltSchool Closes $1m Pre-seed Funding to Help Young Africans Build a Career in Tech

AltSchool Africa, a Nigerian edtech that allow young Africans to learn highly sought after tech skills without hassle, has raised $1

Bamboo
Funding Investment Venture Capital

Nigerian Investment Startup, Bamboo Closes $15m Series A

Bamboo, a Nigerian stock investment marketplace, has closed a $15 million Series A round led by Tiger Global and Greycroft.

Brimore
Ecommerce Funding Investment Venture Capital

Egyptian Social Commerce Startup, Brimore Closes $25m Series A Round

Brimore, an Egyptian social commerce startup, has secured a $25 million Series A round co-led by International Finance Corporation (IFC)

Cardtonic
Tech Tips Tips

What To Do With Unwanted Gift Cards in Nigeria 

Gift cards were created and designed to serve as alternative payment methods at specific websites, stores, or brands. What this