Funding Investment Venture Capital

DataProphet Closes $10m Investment to Lead Digital Maturity Journey For Manufacturers

DataProphet, a South African AI-as-a-Service (AIaaS) for manufacturing innovators, has announced the completion of its $10 million Series A funding

Youverify
RegTech

Nigerian KYC Verification Startup, Youverify, Raises $1m Seed Round Extension

Youverify, a Nigerian identity verification company helping African banks and startups automate KYC and other compliance procedures, has announced that

Lami Technologies
Funding Insurtech Investment Venture Capital

Lami Technologies Raises US$3.7mn Seed Extension 

Lami Technologies, a Kenyan insurtech startup, has raised a US$ 3.7m seed extension to expand its insurtech product across Africa.

The Fashion Kingdom
Ecommerce Funding Investment Startup Venture Capital

Egypt’s The Fashion Kingdom Secures $2.6m Seed Funding Round

The Fashion Kingdom (TFK), an Egyptian fashion e-commerce marketplace, has completed a $2.6 million seed funding round co-led by CVentures

Cartona
Ecommerce Funding Investment Venture Capital

Egyptian B2B Ecommerce Platform, Cartona Secures $12m Funding Led by Silicon Badia

Cartona, an Egyptian B2B eCommerce platform, has secured a $12 million Series A investment led by Silicon Badia, together with

Bizao
Fintech Funding Investment Venture Capital

Cote d’Ivoire Fintech Startup Bizao, Secures $8.1m to Support Expansion Across Africa

Bizao, a fintech startup based in Cote d’Ivoire, has announced $8.1 million series A funding to accelerate its geographical footprint

Algebra Ventures
Venture Capital

FMO Announces $10m Commitment to Algebra Fund II

FMO, the Dutch entrepreneurial development bank, and Egyptian venture capital firm Algebra Ventures today announced the signing of a USD

SOUTH AFRICA’S SMARTWAGE APPOINTS THAMSANQA MOYO AS ITS NEW CTO
Africa Funding Startup

Cathay AfricInvest Innovation Fund Complete Final Close of €110M

AfricInvest, a leading multi-asset investment platform in Africa and global venture capital firm Cathay Innovation, have completed the final close

FSD Africa
Funding Investment

FSD Africa Investments Joins 2X Collaborative

FSD Africa Investments (FSDAi), the investment arm of FSD  Africa, has joined the 2X Collaborative. Launched at the UN Generation

Sava
Fintech Funding Investment

SA Spend Management Platform, Sava Closes $2M pre-seed Investment

Sava, a South African spend management startup, has raised $2 million in pre-seed funding from several Africa-focused investors: Quona Capital,