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Zembo, a Ugandan electric mobility startup, has secured a $3.4 million investment from InfraCo Africa, DOB Equity and Toyota’s Mobility 54 to
Grindstone Ventures has launched a $6.5 million venture fund dedicated to investing in innovative South African technology startups who have
Oja, a Nigerian-founded ethnic grocery delivery service, has raised $3.4 million in a pre-seed funding round led by LocalGlobe. Acequia
Root, a South African based startup building infrastructure for the digital insurance economy, has closed a $3 million seed funding
Helium Health, a Nigerian healthtech startup, has announced the acquisition of Meddy, a Middle East doctor booking platform for an undisclosed amount.
Rabbit, an Egyptian on-demand convenience delivery startup, has announced a new round of pre-seed funding of $11M—a record high for
Craydel, a Kenyan edtech startup, has raised $1 million in pre-seed funding led by Enza Capital. Other investors in the
Flutterwave, an African payments technology company, has acquired Disha, a platform that enables digital creators to curate, sell digital content, portfolios
MFS Africa, the pan-African cross-border payments startup, has raised US$100 million Series C funding through an equity and debt financing
Wicrypt Network, the first standalone blockchain-based WiFi sharing network from Africa, has announced the closing of $1.5 million in funding.