flat6labs
Venture Capital

Flat6Labs Launches New US$95M Venture Capital Fund to Expand its Impact in Africa

Flat6Labs, MENA’s leading seed investor, has announced the launch of a new US$95 million Seed Fund to nurture the growth

Djamo
Funding Investment Payment Venture Capital

Djamo Raises $14m to Build Personal Finance App For Francophone Africa

Djamo, a Y Combinator-backed fintech building a personal finance company in Francophone Africa, has raised $14 million in an equity

Vendease
Business Funding Investment Marketplace Startup

Vendease Raises $30m to Transform Procurement and Business Operations for Restaurants Across Africa

Vendease, a Y Combinator-backed digital platform that allows restaurants in Africa to for supplies and access financial services, has raised

TradeDepot
Funding

African Startups That Raised $100m and Above in 2021

The African startup ecosystem bounced back in 2021 to raise a mind-blowing $4 billion. Briter Bridges says the total 2020

Wave
Fintech Funding Investment Venture Capital

Senegal-based Wave Becomes Francophone Africa 1st Unicorn After Raising $200m Funding

Wave, the U.S., and Senegal-based mobile money startup, has become the first unicorn in francophone Africa after raising $200 million

Yoco
Fintech Funding Investment Startup

South African Fintech Startup, Yoco Secures $83m Series C Funding

Yoco, a South African fintech startup, has raised $83 million Series C funding round to accelerate product development and reach more

4DX Ventures
Venture Capital

Venture Capital Funding For African Startups Predicted to Hit Between $2.25 bn and $2.8 bn This Year

AfricArena has released a new report using Partech data which has forecast that venture capital funding for African startups will amount to between $2.25

Awards

Global Startup Awards Africa to Discover Top Technology Innovators

For the first time ever, future-shapers from all 55 African Union member states now have the chance to participate in

Google
Africa Internet Report Technology

New Google-IFC Report Estimates Africa’s Internet Economy Could be Worth $180 billion by 2025

e-Conomy Africa 2020, a new report released today by Google and the International Finance Corporation (IFC), estimates that Africa’s Internet economy

MoneyFellows
Fintech Investment Venture Capital

Egyptian Fintech Startup, MoneyFellows Raises $4m to Expand Across Africa

MoneyFellows, an Egyptian fintech startup, has scored $4 million in a Series A round to expand across Africa as well