Funding Investment Messaging

Telegram Raises $150 Million from Mubadala and Abu Dhabi CP

Abu Dhabi’s Mubadala Investment Company and Abu Dhabi Catalyst Partners invest $150 million in 5-year pre-IPO convertible bonds in social media

Funding

CardinalStone Capital Advisers Closes Maiden Private Equity Fund at $64m, Makes First Fund Investments

CardinalStone Capital Advisers (CCA), a Lagos-based private equity fund manager, has announced the final close of its maiden private equity

Afriex
Fintech Funding Investment Startup Venture Capital

African Remittance Startup, Afriex Raises $1.2m Investment to Expand its Footprint Across Africa

Afriex, an African remittance startup has raised a $1.2 million seed funding to expand its services across. The startup provides

AECF
Funding Investment Renewable Energy Venture Capital

US$1.2m Innovation Fund Launched to Unearth Emerging Technologies

The African Enterprise Challenge Fund (AECF) has launched a US$1.2 million Innovation Fund to unlock the potential of renewable energy

Kwik Delivery
Funding Investment Logistics Startup Technology Venture Capital

Kwik Delivery Closes $1.7m Pre-Series A Financing Round

Kwik Delivery has announced that it has closed its pre-Series A financing round. The company successfully raised $ 1.7 million

Termii
Entrepreneurship Funding Startup Venture Capital

Nigerian YC-Backed CPaaS startup Termii secures $1.4m Seed Capital

Termii, an African communications-as-a-service startup has raised $1.4 Million in seed funds. 50% of the round was co-led by Kepple

Kuda
Fintech Funding Investment Startup Venture Capital

Kuda Raises $25m Series A Round Led by Valar Ventures

Nigeria’s fintech startup, Kuda has raised $25 million in a Series A funding round led by Valar Ventures with participation from Target

Catalyst Fund
Accelerator Funding Startup

Boost Ghana and KudiGo Selected As First Cohort of Catalyst Fund Inclusive Digital Commerce Accelerator

The Catalyst Fund Inclusive Digital Commerce Accelerator, managed by BFA Global, in partnership with the Mastercard Foundation COVID-19 Recovery and Resilience Program and

Fintech Funding Investment

SA Fintech Firm, Adumo Closes $15m Funding From IFC to Boost Digital Payment Solutions in Africa

South Africa-based fintech firm, Adumo, has secured a $15 million investment from IFC, a member of the World Bank Group,

Accelerator Africa Funding

Zimbabwean Freelancing Startup, AfriBlocks Accepted into Techstars Seattle Accelerator Programme

AfriBlocks, a Zimbabwean freelancing site, has been accepted into the Techstars Seattle accelerator programme, gaining access to mentorship, networks, and