XENO
Fintech Funding Investment Startup Venture Capital

Ugandan Fintech Startup Secures $2m XENO Seed Round Led by Beyond Capital Ventures

XENO Corporation has raised a $2 million seed funding led by Beyond Capital Ventures. Based in Uganda, XENO was founded

Credpal
Fintech Funding Investment

Nigeria’s CredPal Raises Undisclosed Investment From Cairo Angels

The Cairo Angels Syndicate Fund (CASF), a micro venture capital fund that invests in early-stage startups in the Middle East

Cryptocurrency NFT

African Founded Ayoken to Build an NFT Marketplace For Creatives After Raising $1.4m

Ayoken, an NFT marketplace for creatives, has raised $1.4 million pre-seed funding to enable users grow their revenue streams through

Appointment

Dotun Olowoporoku Joins Ventures Platform as Venture Partner

Ventures Platform, a Pan-African Venture Capital firm, has announced the appointment of Dapo Olowoporoku as its new venture partner. Dapo

Cryptocurrency Funding Investment Venture Capital

Mara Raises $23m to to Increase Number of Africans Participating in Crypto Economy

Mara, a pan-African crypto exchange platform, has secured a $23 million investment to build an African cryptocurrency exchange. The seed

FSD Africa
Fintech

BFA Global and FSD Africa Create Pioneering $3.3m Fintech Venture Launcher for Climate Resilience in Africa

BFA Global and FSD Africa announce the creation of a first-of-its-kind venture launcher, TECA (Triggering Exponential Climate Action). The launcher

Algebra Ventures
Venture Capital

IFC Invests $15m in Algebra Ventures to Support Egyptian Tech Startups and Drive Innovation

The International Finance Corporation (IFC) has announced an investment in the second fund from venture capital firm Algebra Ventures to

Tushop
Social Entrepreneurship

Kenyan Social Commerce Firm, Tushop Raises $3m Led by 4DX Ventures

Tushop, a Kenyan social-commerce startup, has closed a $3 million pre-seed funding round led by 4DX Ventures with participation from

CredPal
Funding Investment Venture Capital

YC-backed CredPal Bags $15m to Scale its BNPL Product Across Africa

CredPal, a Nigerian startup that provides Buy Now, Pay Later (BNPL) as a payment option, has raised $15 million in

Funding Investment Venture Capital

Egyptian Cashback App Lucky Gets $25m to Increase its Market Leadership in MENA

Lucky, an Egyptian app for credit product and cashback, has raised $25 million Series A investment led by Nclude by