FairMoney Acquires Payforce

FairMoney has acquired Payforce, a merchant payment collection and financial services distribution platform. The latter will now be known as PayForce

Venture Capital

Flat6Labs Launches New US$95M Venture Capital Fund to Expand its Impact in Africa

Flat6Labs, MENA’s leading seed investor, has announced the launch of a new US$95 million Seed Fund to nurture the growth

Venture Capital

Naspers Shuts Down Naspers Foundry, its SA Focused VC Arm

Naspers has shut down Naspers Foundry, its $100 million South Africa-focused venture capital fund. Despite the closure, Naspers says it


Andela Acquires Qualified to Identify, Qualify and Certify Engineers

Andela, the African-founded global network for remote technical talent, has acquired Qualified, the technical skills assessment platform to identify, qualify, and

AgricTech Funding Investment Venture Capital

Releaf, a Nigerian Agritech Startup Receives a $250k Investment From Plesion Capital

Releaf, a Nigerian agritech company, has raised a $250,000 investment from Plesion Capital, a social impact venture capital firm. Releaf’s

Envisionit Deep AI
Funding Health Investment

South Africa Envisionit Deep AI Secures $1.65mn Investment to Accelerate Access to Healthcare Across Africa

Envisionit Deep AI®, a South African health-tech startup, has raised $ 1.65 million from New GX Ventures SA with an

DLM Capital

DLM Capital Group Raises N5.304bn In 106% Oversubscribed Commercial Paper Issue

Three weeks after DLM Capital Group announced the issuance of its N5Billion Series 10 and 11 commercial Paper Notes under

Funding Investment Mobility Venture Capital

South Africa’s Planet42 Raises US$100m to Accelerate Global Expansion

Planet42, the car subscription startup addressing transport inequality by putting cars in the hands of people who cannot access traditional

Funding Investment

Kenyan Payroll HR Startup, Workpay Secures $2.7m to Fund African Expansion

Workpay, the Kenyan human resources payroll startup, has secured a $2.7 million pre-series A funding from Launch Africa, Saviu Ventures,

Funding Technology Venture Capital

Kenyan Construction Technology Platform, Jumba Secures $4.5m Seed Funding

Jumba, a Kenyan construction technology platform, has secured $4.5 million in a seed round led by LocalGlobe. Also participating are