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

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

ParkUpp
Acquisition

South African Parking Marketplace, ParkUpp Acquired By Docklands Ventures

ParkUpp, a South African parking marketplace, has been acquired by real estate investment company Docklands Ventures. Founded in 2016, ParkUpp is

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

Accelerator

Flapmax Partners With Microsoft to Scale Africa’s Digital Ecosystem

Flapmax has partnered with Microsoft to help strengthen and scale Africa’s digital ecosystem with the launch of FAST, a startup accelerator.  Entrepreneurs based

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

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