Funding Investment Venture Capital

DataProphet Closes $10m Investment to Lead Digital Maturity Journey For Manufacturers

DataProphet, a South African AI-as-a-Service (AIaaS) for manufacturing innovators, has announced the completion of its $10 million Series A funding

Algebra Ventures
Venture Capital

FMO Announces $10m Commitment to Algebra Fund II

FMO, the Dutch entrepreneurial development bank, and Egyptian venture capital firm Algebra Ventures today announced the signing of a USD

Venture Capital

AfricInvest Closes its Midcap-focused Fund Raising over $400m

AfricInvest, an African investment platform, has announced the final close of AfricInvest Fund IV with total commitments of US$411 million.

VIVA TECHNOLOGY, IFC ANNOUNCE 45 EMERGING START-UPS IN AFRICA TO COMPETE FOR THE 2022 AFRICATECH AWARDS
Awards Startup

Viva Technology, IFC Announce 45 Emerging Start-ups in Africa to Compete for the 2022 AfricaTech Awards

Viva Technology and the International Finance Corporation (IFC) announced today the top 45 start-ups that have been long-listed for the

IFC
Venture Capital

IFC Invests $5m in Disruptech Ventures Fund

The International Finance Corporation (IFC) has committed $5 million in Egyptian venture capital fund Disruptech Ventures to support development in

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

Ecommerce

Top B2B Ecommerce Marketplaces Digitising Informal Trade in Nigeria

SMEs and Mom and Pop stores in Nigeria have basically operated offline over the years. They figuratively ran away from

Semicolon
Edtech Education Funding Investment Venture Capital

Nigerian EdTech Startup, Semicolon Africa Raises $1.2m Funding

Semicolon Africa, an edTech startup, has closed a $1.2 million seed round of funding. The round which was oversubscribed had

Moove
Mobility Partnership

Moove Partners with Lori Systems to Propel Financing for African Trucking and Logistics

Moove, an African mobility fintech, has signed an exclusive partnership with Lori Systems, an African e-logistics company. The partnership marks

Leapfrog Ventures
Venture Capital

Africa-focused Investment Fund Manager, Amethis Completes First Closing of Amethis MENA Fund II at $101mn

Amethis, an African-focused investment fund manager, has announced the first closing of Amethis MENA Fund II at USD$101 million. The