Swvl
Funding Investment Ride-hailing

Egypt’s Swvl Gets $10m From European Bank

Swvl, the Egyptian on-demand bus-hailing firm, has secured a $10m investment from The European Bank of Reconstruction and Development (EBRD)

Stitch
Funding Venture Capital

SA API Fintech, Stitch Secures $21m Series A Round Led by The Spruce House Partnership

Stitch, a South African API fintech startup, has raised a $21 million Series A funding round led by The Spruce

Fawry
Fintech Payment

Fawry Microfinance Reaches $63.7m in Total Disbursals Since Inception

Fawry, the Egyptian e-payments solutions and banking services provider, has announced that the total value of loans disbursed since inception

Thndr
Fintech

Egyptian Fintech Startup, Thndr Secures $20m Series A Funding to Democratise Investment in MENA

Thndr, an Egyptian digital investment firm, has secured a $20 million series A investment co-led by Tiger Global, BECO Capital

Technology

South Africa’s Carscan Secures $1.3m to Help it Further Expand Operations

Carscan, the South African augmented reality app with an embedded visual recognition AI to track the visual condition of every

Reliance Health
Funding Health Investment Venture Capital

Nigeria’s Reliance Health Raises $40M in Series B Led by General Atlantic

Reliance Health, an emerging markets-focused digital healthcare provider, has completed a $40M Series B funding round led by General Atlantic.

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

Funding Health Investment Venture Capital

Kenya’s Afya Rekod Closes its Seed Round at $2m to Scale Across Africa

Afya Rekod, a Kenyan based company, has raised $2 million in Seed funding, led by Mac Venture Capital. Other participants include Next Chymia,

Cryptocurrency Technology

GIGL Adds Crypto Wallet to its Propriety Delivery App GIGGO

GIG Logistics, a West African provider of last-mile delivery solutions, has launched a version of its propriety delivery app ‘GIGGo’

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