Umba
Acquisition Banking Funding

Digital Bank Umba Acquires Majority Stake in Daraja Microfinance Bank

Umba, a Nigerian digital bank, has acquired a majority stake

Ubenwa
Funding Startup Venture Capital

Ubenwa Receives $2.5m Backing to Help Parents Interprete Babies’ Cries

Ubenwa, a developer of diagnostic software for the rapid detection

The Fashion Kingdom
Ecommerce Funding Investment Startup Venture Capital

Egypt’s The Fashion Kingdom Secures $2.6m Seed Funding Round

The Fashion Kingdom (TFK), an Egyptian fashion e-commerce marketplace, has

Algebra Ventures
Venture Capital

FMO Announces $10m Commitment to Algebra Fund II

FMO, the Dutch entrepreneurial development bank, and Egyptian venture capital

Bloom
Fintech Funding Investment Venture Capital

YC-backed Sudanese Fintech Startup, Bloom Secures $6.5m Seed Round

Bloom, a Sudanese fintech startup, has raised a $6.5 million

SOUTH AFRICA’S SMARTWAGE APPOINTS THAMSANQA MOYO AS ITS NEW CTO
Africa Funding Startup

Cathay AfricInvest Innovation Fund Complete Final Close of €110M

AfricInvest, a leading multi-asset investment platform in Africa and global

Cassava
Funding Investment Startup Technology Venture Capital

Cassava Technologies Announces $50m Strategic Investment From C5 Capital

Cassava Technologies, an African tech company, has announced that it