DrugStoc
Funding Health Investment Venture Capital

Nigerian Online Pharmaceutical Firm, DrugStoc Secures $4.4m Funding

DrugStoc, a Nigerian online pharmaceutical firm, has closed a $4.4 million Series A funding led by Africa HealthCare Master Fund

BlinkApp
Funding Investment Venture Capital

Egypt’s Mobility Risk Assessment Startup, BlinkApp Raises Six-Figure Pre-Seed Round

BlinkApp, an Egyptian mobility risk assessment startup, has raised a six-figure Pre-Seed round, led by investors located in UAE and KSA.

Rise
Entertainment Fintech

Rise Announces Teni as Brand Ambassador

Rise, a Nigerian investment fintech, has announced Teni Apata as its first-ever brand ambassador. The award-winning musician represents and connects

Chipper Cash
Partnership

DriveWealth Partners Chipper Cash to Enable Ugandans Trade in U.S. Equities

DriveWealth, a pioneer in fractional investing and embedded finance, has partnered with Chipper Cash, to enable Ugandans to gain affordable access

Zembo
Funding Investment Venture Capital

Ugandan Electric Mobility Startup, Zembo Secures $3.4m From InfraCo Africa, DOB Equity and Mobility 54

Zembo, a Ugandan electric mobility startup, has secured a $3.4 million investment from InfraCo Africa, DOB Equity and Toyota’s Mobility 54 to

Grindstone Ventures
Venture Capital

Grindstone Ventures Launches $6.5m Venture Fund For SA Tech Startups

Grindstone Ventures has launched a $6.5 million venture fund dedicated to investing in innovative South African technology startups who have

Ayoba
Messaging

Instant Messaging App, Ayoba Hits 3m MAU in Nigeria

Ayoba, an African instant messaging app, has reached a subscriber base of three million monthly active users in Nigeria.  Launched

Oja
Delivery Funding Investment Venture Capital

Nigerian-founded Ethnic Grocery Delivery Service, Oja Raises $3.4m

Oja, a Nigerian-founded ethnic grocery delivery service, has raised $3.4 million in a pre-seed funding round led by LocalGlobe.  Acequia

Funding Insurtech Investment Venture Capital

SA’s Root Closes $3m Seed Funding Round to Scale Low-code Insurance Platform Abroad

Root, a South African based startup building infrastructure for the digital insurance economy, has closed a $3 million seed funding

Helium Health
Acquisition Health

Helium Health Acquires Middle East Doctor Booking Platform, Meddy

Helium Health, a Nigerian healthtech startup, has announced the acquisition of Meddy, a Middle East doctor booking platform for an undisclosed amount.