EGYPT’S ON-DEMAND DIGITAL WAREHOUSING PLATFORM KHAZENLY SECURES $2.5 MILLION SEED FUND
Digital Funding Logistics

Egypt’s On-Demand Digital Warehousing Platform Khazenly Secures $2.5 Million Seed Fund

Khazenly, the Cairo-based on-demand digital warehousing and fulfilment platform, announces its successful seed fundraise of $2.5 million.  The funding round

Launch Africa
Venture Capital

Launch Africa Closes First Fund at $36.3m

Launch Africa, a pan-African venture capital firm, has closed a $36.3 million fund to fund more B2B and B2B2C startups

Klasha
Ecommerce Funding Payment Venture Capital

Klasha Closes Additional $2.1m Funding to Boost Cross-border Commerce in Africa

Klasha, a San Francisco and Lagos-based technology company transforming cross-border African commerce, has raised an additional $2.1 million to complete

ShopEX
Ecommerce Funding Investment Venture Capital

ShopEX Raises $635,000, as it Aims to be the QVC of Africa

ShopEX, a multi-channel retail business, has raised pre-seed funding of $400,000 from Cape Town venture capital firm, HAVAÍC. The investment

Ecommerce Logistics

Namibian Last-mile Distribution eCommerce Startup, JABU Secures $15m Led by Tiger Global

JABU, the last-mile distribution e-commerce startup, has raised a $15 million Series A led by Tiger Global. The startup recently

Funding Investment Marketplace Venture Capital

Egyptian Online Used Cars Marketplace, Sylndr Closes $12.6m Pre-seed Round

Sylndr, an Egyptian online used-car marketplace, has raised $12.6 million for its pre-seed round led by RAED Ventures, with participation

Twiga Foods
AgricTech

Twiga Foods to Invest $10m in New Commercial Subsidiary Dubbed Twiga Fresh

Twiga Foods, the Kenya B2B agritech startup, has announced plans invest $10 million in a Twiga Fresh, a new subsidiary

EGYPT'S MYLERZ RAISES $9.6 MILLION IN FUNDING ROUND LED BY LORAX CAPITAL PARTNERS
Africa Funding Logistics

Egypt’s Mylerz Raises $9.6 Million in Funding Round Led by Lorax Capital Partners

Mylerz, an Egyptian last-mile delivery and fulfilment innovation company, today announced the closing of a $9.6 million round led by

Verod Capital
Acquisition

Verod Capital Acquires Minority Stake in Medplus to Support its Growth

Verod Capital Management Limited, a West African private equity firm, has announced that it has completed the acquisition of a

CredPal
Funding Investment Venture Capital

YC-backed CredPal Bags $15m to Scale its BNPL Product Across Africa

CredPal, a Nigerian startup that provides Buy Now, Pay Later (BNPL) as a payment option, has raised $15 million in