Umba
Fintech Funding Investment Venture Capital

Nigerian Digital Bank Umba Secures $15m Led by Costanoa Ventures

Umba, a Nigerian digital banking startup, has raised $15 million in Series A funding to offer financial services to the

Pylon
Funding Investment

Egypt’s Pylon Secures $19m Seed Funding Round

Pylon, an Egyptian infrastructure management platform for water and electricity companies in emerging markets, has raised a $19 million seed

Sprints
Edtech Funding Investment

Egypt’s Sprints Closes $1.2m Seed Round Led by Alexandria Angels Network

Sprints, an Egyptian edtech startup, has raised $1.2 million in a seed round led by Alexandria Angels Network as well

Algebra Ventures
Venture Capital

IFC Invests $15m in Algebra Ventures to Support Egyptian Tech Startups and Drive Innovation

The International Finance Corporation (IFC) has announced an investment in the second fund from venture capital firm Algebra Ventures to

DLM Trust
Acquisition

CBN Approves DLM Capital Group’s Acquisition of Links Micro Finance Bank

Prominent Development Investment Bank, DLM Capital, has received the final approval of the Central Bank of Nigeria (CBN) for its

ImaliPay
Fintech Funding Venture Capital

ImaliPay Closes $3m Seed Funding Round

ImaliPay, a financial platform for African freelancers, has secured $3 million in an equity and debt seed funding round. Participating

Ziroopay
Fintech Funding Investment

ZirooPay Secures $11.4m in Series A Funding For Mobile POS Solution in Nigeria

ZirooPay, a Nigerian fintech startup, has raised $11.4 million in a Series A funding round led by Zrosk Investment Management.

Platform Capital
Investment SMEs

Platform Capital Launches in South Africa to Invest in Local SMEs

Platform Capital, a provider of advisory services, has officially launched operations in South Africa to provide strategically driven investments with

Equinix
Acquisition

Equinix Enters Africa, Closing the US$320 Million Acquisition of MainOne

Equinix, the world’s digital infrastructure company™, has announced the completion of its deal to acquire West African data center and

SmartWage
Funding Investment Venture Capital

South Africa’s Smartwage Raises $2m to Bridge Gap Between Businesses and Their Frontline Employees

SmartWage, an HR and communications technology startup, has raised a USD$2 million oversubscribed seed funding round to support its vision