Venture Capital

Verod-Kepple Africa Ventures (VKAV) Closes its first fund at $60m

Verod-Kepple Africa Ventures (VKAV) has announced that it has closed its first fund at $60 million. Key institutional investors in

BasiGo
Electric Vehicle Funding Investment Venture Capital

BasiGo Secures $3m from CFAO For Scale-up

BasiGo, an electric bus company, has secured $3 million in equity funding from the CFAO Group. This investment aims to

Venture Capital

Verod-Kepple Africa Ventures Raises $43m to Focus on Emerging Growth Stage Companies

Verod-Kepple Africa Ventures has raised US$43 million as part of its ongoing fundraising for its pan-African venture fund.  The fund’s

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

Autochek
Automobile Funding Investment Venture Capital

Autochek Secures $13.1mn Seed Funding Co-led by TLCom and 4DX Ventures

Autochek has secured $13.1mn in seed funding co-led by follow-on investors, TLcom Capital, and 4DX Ventures. The round also included

Kai Senegal
Funding Transport

Senegalese Transport Solution, Kai Senegal Gets Funding From Mobility 54

Kai Senegal, a Senegal-based transport solution, has received investment from Mobility 54 Investment SAS-the corporate venture capital (“CVC”) subsidiary of

Samurai Incubate
Venture Capital

Samurai Incubate Closes its Oversubscribed Fund At $18.6m

Samurai Incubate Inc. has officially closed its second Africa fund “Samurai Africa 2nd General Partnership” after successfully having raised 2.026

WhereIsMyTransport
Investment Mobility Transport

Africa-focused Mapping Startup, WhereIsMyTransport Raises $7.5m Led by LiiL Ventures

WhereIsMyTransport, an Africa-focused transport mapping and mobility startup, has closed a $7.5 million Series A round from returning and new

Sendy
Investment Logistics Venture Capital

Kenyan Logistics Startup, Sendy Raises $20m Funding, Plans Expansion into West Africa

Sendy, a Kenyan On-demand logistics startup, has raised $20 million Series B investment led by Atlantica Ventures. Asia Africa Investment,

Powerhive
Africa Energy Entrepreneurship Funding Investment Venture Capital

Kenya Energy Solution Provider, Powerhive Raises US$9.3m Series B Funding Round to Expand its African Footprint

Powerhive Inc, an energy solutions and technology provider for emerging markets with a presence in Kenya, has announced the closing