YFS
Logistics

Egyptian On-demand Logistics Startup, YFS Closes $7m Series A

Yalla Fel Sekka (YFS), an Egyptian on-demand logistics provider, has raised a $7 million Series A round led by DisruptAD,

Nestcoin
Cryptocurrency Funding Venture Capital

Nestcoin Closes $6.45m in Pre-seed Funding to Accelerate Crypto and Web3 Adoption in Frontier Markets

Nestcoin, a company building, operating, and investing in web3 applications, has raised $6.45 million in pre-seed funding. This new investment

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

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

Cryptocurrency
Cryptocurrency Fraud

Crypto Crime Drops Against Rising Global Illicit Financial Transactions

Reported fraud across the financial services industry in Africa has spiked however, Eva Crouwel, head of financial crime at Luno,

Opay
Awards Payment

OPay Wins Best New POS Paymaent Service Provider in Egypt For 2021

OPay, the unicorn African payment firm, has won the ‘Best New Point-Of-Sale Payment Service Provider award from The Global Economics’

Funding Investment Startup Venture Capital

Tanzanian Cross-border Fintech, NALA Gets $10M Seed Funding

NALA, a Tanzanian cross-border payments company, has raised a $10 million seed round led by Amplo. It recently pivoted from

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

Ghana’s OZÉ Gets $3m Funding Led by Speedinvest

OZÉ, a Ghanaian fintech startup, has raised a $3 million pre-Series A round led by Speedinvest to scale its digital