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

SOUTH AFRICA’S SMARTWAGE APPOINTS THAMSANQA MOYO AS ITS NEW CTO
Africa Funding Startup

Cathay AfricInvest Innovation Fund Complete Final Close of €110M

AfricInvest, a leading multi-asset investment platform in Africa and global venture capital firm Cathay Innovation, have completed the final close

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),

World Economic Forum
Startup

6 African Startups Selected For World Economic Forum Technology Pioneers 2022

The World Economic Forum (WEF) recently unveiled a list of 100 innovative tech startups for its 2022 Technology Pioneers cohort.

Afrikamart
AgricTech Funding Startup Venture Capital

Afrikamart, a Senegalese Agritech Startup, Secures $850k Seed Round

Afrikamart, the West African agritech startup, has announced the closing of an $850,000 seed round of financing from leading venture

Moove
Fintech Funding Investment Startup

Moove Secures $20m Financing From British International Investment

Moove, a Nigerian mobility fintech, has secured $20 million. 4-year structured credit investment from British International Investment (BII), the UK

Kune Food
Marketplace Startup

Kenyan On-demand Food Marketplace, Kune Shuts Down

Kune Food, a Kenya on-demand food marketplace, has shut down after less than a year of operations. This was announced

AFEX
Startup

Nigerian Commodities Exchange Platform, AFEX Launches Operations in Kenya

AFEX, the Nigerian commodities exchange platform, has announced its expansion into Kenya, following a successful pilot phase. As part of

XENO
Fintech Funding Investment Startup Venture Capital

Ugandan Fintech Startup Secures $2m XENO Seed Round Led by Beyond Capital Ventures

XENO Corporation has raised a $2 million seed funding led by Beyond Capital Ventures. Based in Uganda, XENO was founded

Afropolitan
Funding Investment Startup Venture Capital

Afropolitan Secures $2.1m Funding to Build Digital Nation For Africans

Afropolitan, a startup that wants to build a digital nation for Africans, has raised pre-seed funding of $2.1 million.  Founded