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 of medical anomalies in infant cry sounds, announced a $2.5

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 completed a $2.6 million seed funding round co-led by CVentures

Cartona
Ecommerce Funding Investment Venture Capital

Egyptian B2B Ecommerce Platform, Cartona Secures $12m Funding Led by Silicon Badia

Cartona, an Egyptian B2B eCommerce platform, has secured a $12 million Series A investment led by Silicon Badia, together with

Bizao
Fintech Funding Investment Venture Capital

Cote d’Ivoire Fintech Startup Bizao, Secures $8.1m to Support Expansion Across Africa

Bizao, a fintech startup based in Cote d’Ivoire, has announced $8.1 million series A funding to accelerate its geographical footprint

Algebra Ventures
Venture Capital

FMO Announces $10m Commitment to Algebra Fund II

FMO, the Dutch entrepreneurial development bank, and Egyptian venture capital firm Algebra Ventures today announced the signing of a USD

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 seed round from investors including Visa, Y Combinator, Global Founders

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 has secured a US$50 million investment from C5 Capital (C5),

FSD Africa
Funding Investment Venture Capital

FSD Africa Invests $3.5m in Catalyst Fund to Accelerate and Scale Pre-seed Impact Ventures in Africa 

FSD Africa has invested $3.5 million in global inclusive tech accelerator, Catalyst Fund, managed by BFA Global to anchor the

Persistent Energy
Clean Energy CleanTech Funding Venture Capital

Persistent Energy Raises $10m Funding Led by Kyuden International and FSD Africa to Grow Climate Venture Building in Africa

Persistent Energy has raised $10 million in equity in its Series C round led by Kyuden International Corporation and FSD

Fintech Funding Payment Venture Capital

Zazuu Raises $2m to Build Cross-border Remittance Solution for Africans in Diaspora

Zazuu, an African remittance payment platform, has announced that it has recently completed a $2 million raise.  Founded in 2018