Flextock
Funding Investment Logistics Venture Capital

Fresh Out of Y Combinator, Egyptian Startup Flextock Secures $3.25m

Flextock, an Egyptian on-demand logistics platform, has raised $3.25 million

Lami Technologies
Funding Insurtech Investment Venture Capital

Lami Technologies Closes $1.8m Seed Funding to Accelerate Growth of Digital Insurance in Africa

Lami Technologies, a Kenyan insurance technology (insurtech) company that aims

Proparco
Funding Investment

GIZ Egypt Unveils $120m Funding Targeted at First-time Fund Managers

GIZ Egypt, in partnership with Egyptian Micro, Small and Medium

Carry1st
Funding Game Gaming Investment Venture Capital

Carry1st Raises $6m Series A Funding to Scale its Mobile Games Portfolio in Africa

Carry1st, a South African mobile games publishing startup has raised

Expensya
Funding Investment Venture Capital

Tunisian SaaS Startup, Expensya Raises $20m Series B Fund For European Expansion

Expensya, a Tunisian SaaS startup that provides software to businesses

Sanlam
Acquisition Insurtech

South African Insurance Firm, Sanlam Acquires 22.8% Stake in Morocco’s Saham Assurance

Sanlam Group, the South African insurance company, has announced its

CDC Group
Funding

CDC Group Supports Uhuru Growth Fund I in Reaching $113m First Close

Uhuru Investment Partners (Uhuru), a leading middle-market private equity firm

Ensibuuko
Fintech Funding Investment

Ugandan Fintech, Ensibuuko Raises $1m Seed Investment From FCA Investments

Ensibuuko, a Ugandan fintech startup, has raised a $1 million

Aza Finance
Acquisition

AZA Finance Expands into South Africa With Acquisition of Exchange4Free

AZA Finance (formerly BitPesa) has agreed to acquire cross-border payments

Goodwell Investments
Funding SMEs Venture Capital

Goodwell Investments Launches New €50m Fund to Support High-growth African SMEs

Goodwell Investments, an impact investment firm, has launched Goodwell V.