Venture Capital

African Tech Startup Fund Atlantica Ventures Gets $23.8m From EIB and Boost Capital

Atlantica Ventures, an African tech Startup Fund, has raised over $11.3 million (c. EUR 10m) in junior capital from Boost Africa

Funding Investment Venture Capital

Earnipay Nabs $4m to Offer On-demand Salary Access to African employees

Earnipay, a fintech solution that provides flexible and on-demand salary access to income earners, has closed a seed round of

CATAPULT: Inclusion Africa
Fintech

APPLY: LHoFT Foundation Unveils Special Edition of CATAPULT: Inclusion Africa

Building on the success of 2018, 2020 and 2021 editions of CATAPULT: Inclusion Africa, LHoFT Foundation has launched a special edition

Wasla
Ecommerce Funding Investment Venture Capital

Egyptian eCommerce Startup, Wasla Secures $9m From Contact Financial Holding

Wasla, an Egyptian ecommerce startup, has secured a $9 million investment from Contact Financial Holding, Egypt’s largest non-bank financial services

Flutterwave
Fintech Funding Investment Venture Capital

Flutterwave Secures $250m Series D Funding to Become Most Valuable African Startup

Flutterwave, a leading technology company, announced today that it has raised USD $250 million in Series D funding, valuing the

MoneyHash
Fintech

Egyptian Fintech Startup, MoneyHash Closes $3m Pre-seed Funding

MoneyHash, an Egyptian fintech startup, has raised $3 million in pre-seed funding. The pre-seed round was led by UAE’s venture

Remedial Health
Health

Remedial Health Nabs $1m to Digitise Pharmaceutical Industry in Nigeria

Remedial Health, a YC backed Nigerian healthtech startup, has closed a $1 million pre-seed investment. The round was led by Global

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

Jiji
Acquisition

Jiji Acquires Tonaton, its Main Competitor in Ghana

Jiji, a Nigerian classified ecommerce platform, has acquired Ghanaian-based classifieds marketplace,Tonaton. Jiji already holds leadership positions in Ghana and Kenya. Additionally, the marketplace

Ecommerce Funding Retail

ProXalys Secures $150k Pre-seed From Haskè Ventures

ProXalys, a Senegalese B2B eCommerce company, has secured a $150,000 pre-seed funding from Haskè Ventures, the venture builder for Francophone