SweepSouth
Funding Investment Venture Capital

Online Home Services Platform SweepSouth Gets $11m Funding Led by Alitheia IDF

SweepSouth, an online home services platform with a presence across Africa, today announced that it has completed an $11m investment

Acquisition

ECC Acquires Majority Stake in Source Beauty for $5mln

Source Beauty, an Egyptian-based beauty platform, received a commitment of up to $5m from the Egyptian Company for Cosmetics (ECC)

Exits.me
Funding Investment Payment Venture Capital

Egyptian Online Investment Marketplace, Exits.me Bags $1m Pre-Seed Round

Exits.me, an Egyptian online investment marketplace, has raised $1 million in a pre-seed round. The investment round came from a

Meta
Social Media

The Most Common Facebook Marketplace Scams and How to Avoid Them

Last year, Facebook Marketplace passed one billion global users. With this, it has become a giant in the consumer-to-consumer commerce space,

Kippa
Fintech Funding Investment Payment Startup

Nigeria’s Kippa Announces $8.4m Investment to Build its Financial Management Platform for Merchants

Kippa, the financial management and payments platform for Nigerian small businesses, has announced that it has raised $8.4M in a new

Janngo Capital
Venture Capital

Janngo Capital Startup Fund Reaches First Close of its €60m New Fund

Janngo Capital Startup Fund (JCSF) has announced its first close at EUR34 million (approximately US$36 million) in capital commitments on the eve of

Endure Capital
Venture Capital

Egyptian Venture Capital Firm, Endure Capital Closes First Round of $50m Fund

Endure Capital, the Egyptian venture capital firm, has announced that it has completed the first close of its new $50

Google
Funding

60 African Startups Receive $4m Google Funding

Google has announced the selection of 60 African startups to receive a share of $4 million for the Google Black

Pezesha
Funding Investment Startup Venture Capital

Pezesha Secures $11m Pre-series A Funding to Grow its Embedded Finance Platform

Pezesha, a pan-African embedded finance fintech, has raised $11 million in pre-series A investment. The round was a mix of $6

valU
Acquisition

Egyptian BNPL, valU Acquires Fintech Company Paynas

valU, an Egyptian Buy-Now, Pay-Later (BNPL) fintech startup, has acquired 100% of Paynas, a full-fledged employee management and benefits company