MFS Africa
Acquisition

MFS Africa Completes Acquisition of Baxi

MFS Africa has completed its acquisition of Capricorn Digital Limited, known in the market as Baxi, following approval of the

Health Investment Venture Capital

Egypt’s Otida Raises $340k Pre-seed Funding to Alleviate Pains of Diabetes

Otida, an Egyptian healthtech startup, has completed a $340,000 pre-seed funding round led by LoftyInc Capital. The round was joined by

CredPal
Funding Investment Venture Capital

YC-backed CredPal Bags $15m to Scale its BNPL Product Across Africa

CredPal, a Nigerian startup that provides Buy Now, Pay Later (BNPL) as a payment option, has raised $15 million in

Eksab
Funding Investment Venture Capital

Egyptian Fantasy Football Startup, Eksab Closes $3m Seed Round

Eksab, an Egyptian fantasy football startup, has raised a $3 million seed investment round led by 4DX Ventures. The round

Funding Investment

Egyptian SaaS Platform FlapKap Secures $1.2m Funding

FlapKap, an Egyptian SaaS platform, has completed a $1.2 million fundraise led by A15. FlapKap was founded by Ahmad Coucha,

Thrive Agric
AgricTech Funding Investment Venture Capital

ThriveAgric Raises $56.4m Debt Funding to Accelerates pan-Africa Expansion Plans

ThriveAgric, a fast-growing technology-driven agricultural company, has raised $56.4M in debt funding from local commercial banks and institutional investors. The

Powered by People
Ecommerce Funding Investment Venture Capital

Kenya’s Powered by People Secures $5m Funding to Grow its Wholesale eCommerce Platform

Powered by People, a Kenyan wholesale e-commerce platform, has secured $5 million in seed funding led by Susa Ventures and

Apollo
AgricTech Funding Investment Venture Capital

Kenyan Agritech Startup, Apollo Raises $40m Led by Softbank Vision Fund 2

Apollo Agriculture, the Kenyan agritech startup, has closed a $40 million Series B funding in an equity round led by

Funding Investment Venture Capital

Egyptian Cashback App Lucky Gets $25m to Increase its Market Leadership in MENA

Lucky, an Egyptian app for credit product and cashback, has raised $25 million Series A investment led by Nclude by

Investment

Meaningful Gigs Bags $6m to Connect Africans With Remote Gigs

Meaningful Gigs has raised $6 million seed funding to connect Africans with international remote jobs. The seed round was led