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Funding Investment Startup

BNPL Startup, Klump Closes $780k Pre-seed Funding

Klump, a Nigerian Buy Now Pay Later startup, has closed a $780k pre-seed round to launch its flagship Pay with Klump™ product

Funding Investment Venture Capital

Nigeria’s YEP! Secures $1.5m in Pre-Seed Funding

Yep!, a Nigerian fintech startup, has raised $1.5 million in a pre-seed funding round led by Greenhouse Capital. Alongside the

Pick N Pay
Cryptocurrency

Bitcoin Price Tanks After Russia Attacks Ukraine

The price of Bitcoin dropped below $35,000 early Thursday after Russian President Vladimir Putin announced a military operation in Ukraine. Bitcoin

Logistics Venture Capital

Freterium Closes $4m Seed round to Disrupt Trucking Industry

Freterium, a Moroccan transport management software provider, has raised $4m in its latest funding round closed in December. The Seed

BasiGO
Electric Vehicle Mobility

Electric Vehicle Startup BasiGo Bags $4.3m Seed Funding

BasiGo, a Kenyan Electric Vehicle startup, has raised $4.3 million in seed funding to provide clean-energy mass transit vehicles in

Wema Bank
Hackathon

Wema Bank Opens Application For Hackaholics 3.0

Wema Bank has announced applications for the third edition of Hackathon, its creative platforms for tech and innovation enthusiasts, dubbed

Kigali International Financial
Funding Venture Capital

KIFC Unveils $50m Fintech-focused Africa Fund

Kigali International Financial Centre (KIFC) has launched a $50 million Fintech-focused Africa Fund.   Backed by MyGrowthFund Venture Partners, the fund

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,

Moove
Fintech Investment Mobility

Moove Secures $10m Funding From NBK Capital Partners Mezzanine Fund

Moove, an African mobility fintech, has secured a US$ 10 million financing facility from NBK Capital Partners Mezzanine Fund II.

Netflix
Video Streaming

Netflix to Spend $1m to Support Africa’s Creative Industry Via Scholarships

Netflix, the global video streaming service, has announced that it plans to spend US$1 million towards the newly-established Netflix Creative