Funding Investment Venture Capital

DataProphet Closes $10m Investment to Lead Digital Maturity Journey For Manufacturers

DataProphet, a South African AI-as-a-Service (AIaaS) for manufacturing innovators, has

Tyme Bank
Acquisition

TymeBank to Acquire Fintech SME funder, Retail Capital in Bid to Bolsters its Business Banking Offering

TymeBank, South Africa’s fastest-growing digital bank, is set to bolster

Lami Technologies
Funding Insurtech Investment Venture Capital

Lami Technologies Raises US$3.7mn Seed Extension 

Lami Technologies, a Kenyan insurtech startup, has raised a US$

Swvl
Acquisition Business

Zeelo and Swvl Announce Termination of Acquisition Agreement

Zeelo, a UK smart bus platform with live operations in

Homzmart
Funding Investment Startup Venture Capital

Homzmart Secures $23m in Pre-series B Round Investment

Homzmart, an Egyptian furniture online marketplace, has raised $23 million

Oui Capital
Venture Capital

African VC Firm, Oui Capital Announces First Close of its $30M Second Fund

Oui Capital, an Africa-focused VC firm has completed the first

Umba
Acquisition Banking Funding

Digital Bank Umba Acquires Majority Stake in Daraja Microfinance Bank

Umba, a Nigerian digital bank, has acquired a majority stake

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