MFS Africa
Fintech Funding

MFS Africa Invest $3 Million in Cameroon Fintech Firm, Maviance

MFS Africa,  the pan-African cross-border payments startup, is not a venture capital firm. However, in recent times, it has acquired

OKRA SECURES IN $3.5M SEED ROUND LED BY SUSA VENTURES
Fintech Funding

Nigerian Fintech Startup, Okra Secures $3.5mn Seed Round Led by Susa Ventures

Okra, a Nigerian fintech platform, and open finance (API Economy) pioneer has secured a $3.5m Seed raise. The round was

Funding Investment Messaging

Telegram Raises $150 Million from Mubadala and Abu Dhabi CP

Abu Dhabi’s Mubadala Investment Company and Abu Dhabi Catalyst Partners invest $150 million in 5-year pre-IPO convertible bonds in social media

Zeepay
Fintech Funding Investment Venture Capital

Ghana’s Zeepay Secures $940k Seed Capital From GOODsoil VC

GOODsoil VC, an Africa-focused early-stage venture capital firm, has invested US$940,000 seed capital in Ghanaian fintech company Zeepay in its

Carscan
Automobile Funding Investment Venture Capital

Kalon Venture Partners, IDF Capital Invests in South Africa’s Carscan

Kalon Venture Partners, the IDF Capital, and an unnamed investor have announced an undisclosed amount of funding in South African

Tony Elumelu
Entrepreneurship Leadership People

Tony Elumelu Named in “Time 100” List of 100 Most Influential People in The World 2020

TIME has named Tony O. Elumelu, one of Africa’s leading investors and philanthropists, in the 2020 TIME100, the annual list of the

Investments
Africa Investment Newsletter

Last Week in Review (20th-26th): It Rained Investments in African Startups

Last week was a wonderful week for African startups as it rained dollars and equity investments from investors, fund managers

VerifyMe
Investment RegTech Venture Capital

KYC Tech Startup, VerifyMe Secures Series A Financing From Consonance Investment Managers

VerifyMe Nigeria, an ID verification and KYC technology company, has secured a Series A financing for an undisclosed amount from

Copia
Africa Investment Venture Capital

Kenya’s Copia Raises $26m Series B Round Led by LGT Lightstone

Copia, a Kenyan logistics and e-commerce firm, has raised $26 million series B funding round led by LGT Lightstone with

Lori Systems
Business Investment Logistics

African Logistics: Lori Systems Replies Kobo360, Raises Own $30m Led by Chinese Investors

Back in August, the African logistics platform; Kobo360 raised a total of $30 million. The startup received $20 million from