Novastar
Funding Venture Capital

Novastar Closes its Novastar Ventures Africa Fund II at $108m

Novastar has announced that it has closed its Novastar Ventures Africa Fund II at US$108 million to support startups in

Africa Entrepreneurship Funding Social Entrepreneurship Startup Venture Capital

Nairobi’s Novastar Ventures Expands to Nigeria After Raising $72.5M 

Nairobi-based VC Fund Manager Novastar Ventures has raised $72.5 million for its second fund, with a target size of $120

Ventures Platform
Venture Capital

Ventures Platform Closes its Pan-African Fund at $46m

Ventures Platform, the pan-African VC firm, has today announced the final close of its early-stage and intercontinental fund, at $46

Appointment

Dotun Olowoporoku Joins Ventures Platform as Venture Partner

Ventures Platform, a Pan-African Venture Capital firm, has announced the appointment of Dapo Olowoporoku as its new venture partner. Dapo

Partech Africa
Venture Capital

Partech Announces First Close of Partech Africa II at €245m

Partech, the global Venture Capital firm, has announced the first close of Partech Africa II at €245 million.  The investors in Partech

Moniepoint
Fintech Payment

TeamApt Rebrands to Moniepoint, Reaches an Annualised Payments Volume of $170 Billion

TeamApt, a business banking platform in Nigeria, has rebranded to its flagship product – Moniepoint, a testament to its success as

BasiGo
Electric Vehicle Funding Investment

BasiGo Closes $6.6m in New Funding From Leading Autotech Investors

BasiGo, a Kenyan Electric Vehicle startup, has announced $6.6 million in new funding led by Mobility54, Trucks VC, a transportation-focused

MoKo
Funding Investment Marketplace Startup

MoKo, a Home Furniture Startup, Secures $6.5m Funding to Grow its Kenyan Presence

MoKo Home + Living, a Kenya-based home furniture manufacturer, and omnichannel retailer, has secured a $6.5 million Series B debt-equity

Turaco
Funding Insurtech Investment Venture Capital

Kenyan Insurtech, Turaco Gets $10m Series A Backing

Turaco, the Kenyan insurtech startup, has announced the close of a $10 million Series A equity round led by AfricInvest,

iProcure
AgricTech Agro-tech Funding Investment Venture Capital

iProcure Closes $10.2m Series B Funding to Led by Investisseurs & Partenaires

iProcure, a Kenyan startup offering agricultural inputs and digital supply chain solutions in rural Africa, has secured a $10.2 million