Logistics

Kwik Delivery Closes $2M Series A Round Led by XBTO Ventures

Kwik Delivery, a Nigerian-based logistics startup, has closed a $2 million Series A round led by XBTO Ventures. The round

Powered by People
Ecommerce Funding Investment Venture Capital

Kenya’s Powered by People Secures $5m Funding to Grow its Wholesale eCommerce Platform

Powered by People, a Kenyan wholesale e-commerce platform, has secured $5 million in seed funding led by Susa Ventures and

Ecommerce Funding Investment Startup

Sokowatch Secures $125M Series B Round, Rebrands to Wasoko

Sokowatch, the African e-commerce company leveraging innovative technology to transform the informal retail supply chain, has closed a $125 million

Funding Investment Startup

BNPL Startup, Klump Closes $780k Pre-seed Funding

Klump, a Nigerian Buy Now Pay Later startup, has closed a $780k pre-seed round to launch its flagship Pay with Klump™ product

Klasha
Payment

Klasha Partners With Squarespace to Help International Businesses Accept Payments From Africa

Klasha, a cross-border fintech start up, has announced a partnership with Squarespace, the all-in-one website building and e-commerce platform. Klasha

Rocket Health
Health

Uganda’s Rocket Health Raises a $5m Series A Round To Accelerate Expansion In East Africa

Rocket Health, a Ugandan telemedicine and last-mile healthcare provider, has announced the close of a $5 million Series A funding

Chefaa
Health

Egyptian Healthtech Chefaa Raises Undisclosed Investment

Chefaa, an Egyptian healthtech startup, has raised a funding round from Newtown Partners, Global Brain and GMS Capital Partners.  The

Acquisition

Morrocan B2B eCommerce Startup, Chari Acquires AXA Credit For $22m

Chari, a Moroccan B2B e-commerce and retail startup, has acquired Axa Credit, the credit arm of Axa Assurance Maroc, for $22 million.

Ecommerce Funding Investment Startup Venture Capital

Egyptian ECommerce Platform For Mums, Mumerz Closes $1.2m Pre-Seed Funding

Mumerz, an Egyptian e-commerce platform for mothers, has secured a $1.2 million pre-seed round led by Disruptech. Launched recently, Mumerz is a parent

Funding Investment

Kenya’s Cartnshop Closes $400k Investment

Cartnshop, a Kenyan company that helps African small businesses build up internet storefronts quickly and inexpensively, has raised a $400,000