Funding Startup

Janngo Capital Receives an Investment Approval of $12m For its Start-up Fund

Janngo Capital, an African social startup studio, has announced that it has received an investment approval of $12 million (€10.5m)

Titan Trust Bank
Acquisition

Titan Trust Bank Acquires 104-Year-Old Union Bank

Titan Trust Bank Limited, which commenced operations in October 2019 has announced that it has acquired Union Bank of Nigeria

Fintech Investment Venture Capital

Kenyan Fintech Startup, Paylend Closes $2m Seed Round

Paylend, a Kenyan fintech startup, have today announced that it has raised $2 million dollars seed investment from Next Chymia

Planet42
Funding Investment Mobility Venture Capital

South Africa’s Planet42 Raises $30m in Equity and Debt Funding

Planety42, a South African car subscription platform, has raised $30 million in equity and debt funding. The $5.8 million equity

MAX
Funding Investment Mobility Venture Capital

Nigeria’s MAX Secures $31m Series B Led by Lightrock

Metro Africa Xpress (MAX), a Nigerian mobility tech startup, has raised a $31 million Series B funding to expand across

SweepSouth
Acquisition

Naspers-Backed SweepSouth Acquires Egypt’s Filkhedma

SweepSouth, a Naspers-backed online home services platform, has acquired Egyptian startup FilKhedma to expand into the North African country. The

SafeBoda
Funding Ride-hailing

SafeBoda Receives Investment From Google’s Africa Investment Fund

SafeBoda, a Ugandan super app, has become the first startup to receive investment from Google’s Africa Investment Fund. The undisclosed

Ventures Platform
Venture Capital

Ventures Platform Announces First Close of its $40m Fund

Ventures Platform, an African venture capital firm, has announced the first close of its $40 million pan-African fund. Though the

4DX Ventures
Venture Capital

African-focused Venture Capital Firm, 4DX Ventures Closes Second Fund at $60m

4DX Ventures, a pan-African venture capital firm, has completed the final close of its second fund at $60 million. The

Edukoya
Edtech Funding Investment Venture Capital

African Edtech Startup, Edukoya Closed $3.5m Pre-seed led by Target Global

Edukoya, an African edtech startup, has raised $3.5 million in a pre-seed round led by Target Global. Angel investors including European