NIGERIA’S PAYMENT COMPANY INTERSWITCH SECURES $110 MILLION FROM LEAPFROG AND TANA AFRICA CAPITAL
Africa Funding Investment Payment

Nigeria’s Payment Company Interswitch Secures $110 Million From Leapfrog and Tana Africa Capital

One of Africa’s largest payment companies, Interswitch, has announced an investment from LeapFrog Investments and Tana Africa Capital. According to

Cryptocurrency Funding Investment Venture Capital

Mara Raises $23m to to Increase Number of Africans Participating in Crypto Economy

Mara, a pan-African crypto exchange platform, has secured a $23 million investment to build an African cryptocurrency exchange. The seed

IFU ENDOWS SPARK+ AFRICA FUND WITH €4.5 MILLION INVESTMENT FOR CLEAN COOKING IN AFRICA
Africa Clean Energy Funding Investment

IFU Endows Spark+ Africa Fund with €4.5 million investment for Clean Cooking in Africa

The Investment Fund for Developing Countries (IFU) has endowed the new Spark+ Africa fund  with €4.5 million for clean cooking

Farmerline
AgricTech Funding Investment

Ghana’s Farmerline Secures $12.9m Pre-Series A Investment to Help African Farmers

Farmerline, a Ghanaian agritech startup, has secured a US$6.4 million Pre-Series A investment and $6.5 million debt to strengthen its

Rocket Health
Health

Uganda’s Rocket Health Raises a $5m Series A Round To Accelerate Expansion In East Africa

Rocket Health, a Ugandan telemedicine and last-mile healthcare provider, has announced the close of a $5 million Series A funding

Funding Health Investment

Health tech Company, Susu Raises €2m to Accelerate Affordable Healthcare for Africans

Susu, a global health-tech company, focused on making healthcare accessible and affordable for Africans, has completed a €2 million pre-seed

MarketForce
Ecommerce Funding Investment Venture Capital

MarketForce Raises $40M Series A to Scale up The Super App for Africa’s Informal Merchants

MarketForce, the Nairobi-headquartered B2B platform for retail distribution of consumer goods and digital financial services in Africa, has closed a

IFC
Investment

IFC Invests $10m in Knife Capital Fund III to Support South Africa’s Digital Entrepreneurs

The International Finance Corporation (IFC) has invested in Knife Fund III, a new fund managed by Cape Town-based venture capital

Netflix
Video Streaming

Netflix to Spend $1m to Support Africa’s Creative Industry Via Scholarships

Netflix, the global video streaming service, has announced that it plans to spend US$1 million towards the newly-established Netflix Creative

Mobile
Apps News

3 Trends Set to Dominate African mobile Apps in 2022

In 2021, the mobile industry in sub-Saharan Africa continued to show incredible resilience against the impacts of Covid-19 and experienced