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,

OLX
Ecommerce

Classified Ecommerce Platform OLX Closes Shop in South Africa

OLX, a classified ecommerce platform, has been shut down in South Africa. Visitors to the platform’s website were greeted with

Amitruck
Logistics

Kenyan Logistics Startup, Amitruck Raises $4m For East African Expansion

Amitruck, a Kenyan logistics startup, has raised $4 million in seed funding. The round was led by Better Tomorrow Ventures

AltSchool
Funding Investment Venture Capital

Yusuf Adewale’s AltSchool Closes $1m Pre-seed Funding to Help Young Africans Build a Career in Tech

AltSchool Africa, a Nigerian edtech that allow young Africans to learn highly sought after tech skills without hassle, has raised $1

Norrsken22
Venture Capital

Backed by 30 Unicorn Founders, Norrsken22 Holds First Close of $200m Fund For African Startups

The Norrsken Foundation has launched Norrsken22 Africa Tech Growth Fund, which has held its first close at $110 million. The

YouTube
Social Media

YouTube Names African Creators Joining Second Year of #YouTubeBlack Voices Fund

YouTube has announced the 26 African creators who will be joining its #YouTubeBlack Voices Fund initiative for the second year. These

TLcom
Venture Capital

TLcom Secures First Close of $150mn Pan-African Tech Fund

TLcom, the Africa-focused venture capital firm, has announced a first close of $70mn for its $150mn Africa-focused tech fund.  With

Investment Startup Venture Capital

South Africa’s POS Solution Startup, TallOrder Raises $3m

TallOrder, a South African point of sale (POS) solution for SMES, has raised $3 million funding to accelerate growth and

Fintech Funding Investment Venture Capital

South African Fintech, Floatpays Closes $4m Seed Funding Round

Floatpays, a South African fintech startup, has closed a $4 million seed funding round. The investors in the round include

Interview

Fresh From Raising $1m, Zanifu Sets its Sight on Delivering its Solution to MSMEs Across Sub-Saharan Africa

2022 has just started and African startups are closing million dollar deals from venture capital firms and angel investors. One