PAPS
Logistics

PAPS, a Senegalese Logistics Startup Secures $4.5m pre-Series A Round

PAPS, a Senegalese logistics startup, has raised a $4.5 million pre-Series A round to expand its tech-enabled logistics solution across

MAX
Funding Investment Mobility Venture Capital

Nigeria’s MAX Secures $31m Series B Led by Lightrock

Metro Africa Xpress (MAX), a Nigerian mobility tech startup, has raised a $31 million Series B funding to expand across

Funding Investment

CDC to Boost Digital Infrastructure Across sub-Saharan Africa With Over $50m Investment

CDC Group, the UK’s development finance institution (DFI) and impact investor, has announced commitments totalling US$50.9 million to expand digital

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

Venture Capital

Convergence Partners Announces First Close of its Third Fund at $120m to Drive Digital Inclusion in Africa

Convergence Partners, a private equity investor focused on the technology sector across sub-Saharan Africa, announced the successful first close of

appsNmobile
Fintech Funding Investment Venture Capital

Ghanaian Fintech Startup, AppsNmobile Secures $1m Investment From Oasis Capital

Ghanaian Fintech Startup, appsNmobile has secured a $1 million investment from Oasis Capital. This investment is expected to capitalise appsNmobile

SolarX Africa
Funding Investment Renewable Energy Startup Venture Capital

Malian Solar Startup, SolarX Africa Raises Additional Funding From Energy Access Ventures

SolarX Africa, a Malian solar startup, has announced the closing of additional funding from Energy Access Ventures (EAV), an early-stage

Ascent
Funding Venture Capital

African Private Equity Fund Manager Ascent Announces Close of Ascent Rift Valley Fund II

African private equity fund manager Ascent has announced the first rolling close of its Ascent Rift Valley Fund II (ARVF II) at

Sawari Ventures
Venture Capital

Sawari Ventures Closes $71m Fund to Invest in Egyptian Tech-driven Companies

Sawari Ventures has announced the closing of the Egypt-based fund with total commitments of USD 30 Million from Misr Insurance Group,

Daystar Power
Funding Investment Renewable Energy Venture Capital

Nigerian Solar Power Company, Daystar Power Secures $38m Series B Investment to Accelerate Regional Expansion

Daystar Power, a leading provider of hybrid solar power solutions to businesses in West Africa, today announced a Series B