LoftyInc Capital
Venture Capital

LoftyInc Capital Closes Third Fund at $14.3 million

LoftyInc Capital Management, an early-stage African-focused Venture Capital firm, has announced the final close of its third fund – LoftyInc

AfyA Care
Health

CardinalStone Capital Advisers Invests $6m Investment in AfyA Care

CardinalStone Capital Advisers (CCA), a West African private equity fund manager, has announced a $6 million investment in AfyA Care

MoKo
Funding Investment Marketplace Startup

MoKo, a Home Furniture Startup, Secures $6.5m Funding to Grow its Kenyan Presence

MoKo Home + Living, a Kenya-based home furniture manufacturer, and omnichannel retailer, has secured a $6.5 million Series B debt-equity

Algebra Ventures
Venture Capital

Algebra Ventures, the Egyptian Venture Capital Firm Raises $100m For its Second Fund

Algebra Ventures, the Egyptian venture capital firm, has announced that it has completed a $100 million first close of its

Chari
Ecommerce Funding Investment Venture Capital

Chari, a Morrocan B2B Ecommerce Startup Nets $1m Funding from Endeavor Catalyst

Chari, a Moroccan B2B e-commerce startup, has raised a $1 million series A extension from Endeavor Catalyst. The latest investment is

Farmerline
AgricTech Funding Investment Venture Capital

Ghana’s Farmerline Raises $1.5m Funding Round From Oikocredit

Farmerline Group has announced the second close of a pre-series A investment raise with an additional US$ 1.5 million investment

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

Julaya
Fintech Funding Investment Payment Venture Capital

West African Fintech Julaya Closes $5m Extension Round to Expand its Operations

Julaya , a fintech based in Côte d’Ivoire, Senegal, and France, has raised a $5 million extension round led by European

Yellow Card
Cryptocurrency

Yellow Card Hits 1m Customers Across 16 African Countries

Yellow Card Financial, an African cryptocurrency company, has exceeded 1 million customers which it reached in March this year. Since

Capiter
Ecommerce Leadership

Board of Egyptian B2B Ecommerce Startup, Capiter Sacks Founders For Mismanagement

On 6 September 2022, the board of directors of the parent holding company of Capiter Egypt LLC, a Cairo-based B2B