Lami Technologies
Funding Insurtech Investment Venture Capital

Lami Technologies Raises US$3.7mn Seed Extension 

Lami Technologies, a Kenyan insurtech startup, has raised a US$ 3.7m seed extension to expand its insurtech product across Africa.

Homzmart
Funding Investment Startup Venture Capital

Homzmart Secures $23m in Pre-series B Round Investment

Homzmart, an Egyptian furniture online marketplace, has raised $23 million in pre-series funding to expand its services. Saudi Technology Ventures

Qwili
Funding Investment Startup Venture Capital

South Africa’s Qwili Secures $1.2m Seed Funding to Scale its Service Offerings

Qwili, a startup that provides a hybrid sales product to micro and small merchants in South Africa, has closed a

Ubenwa
Funding Startup Venture Capital

Ubenwa Receives $2.5m Backing to Help Parents Interprete Babies’ Cries

Ubenwa, a developer of diagnostic software for the rapid detection of medical anomalies in infant cry sounds, announced a $2.5

The Fashion Kingdom
Ecommerce Funding Investment Startup Venture Capital

Egypt’s The Fashion Kingdom Secures $2.6m Seed Funding Round

The Fashion Kingdom (TFK), an Egyptian fashion e-commerce marketplace, has completed a $2.6 million seed funding round co-led by CVentures

Bizao
Fintech Funding Investment Venture Capital

Cote d’Ivoire Fintech Startup Bizao, Secures $8.1m to Support Expansion Across Africa

Bizao, a fintech startup based in Cote d’Ivoire, has announced $8.1 million series A funding to accelerate its geographical footprint

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

SOUTH AFRICA’S SMARTWAGE APPOINTS THAMSANQA MOYO AS ITS NEW CTO
Africa Funding Startup

Cathay AfricInvest Innovation Fund Complete Final Close of €110M

AfricInvest, a leading multi-asset investment platform in Africa and global venture capital firm Cathay Innovation, have completed the final close

Fintech Funding Payment Venture Capital

Zazuu Raises $2m to Build Cross-border Remittance Solution for Africans in Diaspora

Zazuu, an African remittance payment platform, has announced that it has recently completed a $2 million raise.  Founded in 2018

FSD Africa
Funding Investment

FSD Africa Investments Joins 2X Collaborative

FSD Africa Investments (FSDAi), the investment arm of FSD  Africa, has joined the 2X Collaborative. Launched at the UN Generation