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The Women Entrepreneurs Finance Initiative (We-Fi) yesterday announced a new round of funding under which the African Development Bank’s Africa
Farmerline, a Ghanaian agritech startup, has secured a US$6.4 million Pre-Series A investment and $6.5 million debt to strengthen its
Egyptian mobility startup SWVL has acquired Turkey-based B2B mobility startup Volt Lines. The deal values the startup at over $40 million. As
The Food Lab (TFL), Egypt’s first cloud kitchen services operator, has closed a $4.5m pre-seed funding round co-led by Nuwa
ETAP, an insurtech startup that makes it easier to buy and claim insurance, has secured $1.5 million in pre-seed funding
Union54, a Zambian card-issuing fintech startup, has raised $12 million in a seed extension round led by Tiger Global. Other participating
Umba, a Nigerian digital banking startup, has raised $15 million in Series A funding to offer financial services to the
Pylon, an Egyptian infrastructure management platform for water and electricity companies in emerging markets, has raised a $19 million seed
Sprints, an Egyptian edtech startup, has raised $1.2 million in a seed round led by Alexandria Angels Network as well
The International Finance Corporation (IFC) has announced an investment in the second fund from venture capital firm Algebra Ventures to