Zofi Cash
Fintech Funding Investment Venture Capital

Zofi Cash Closes $1m Pre-Seed Investment From Advancly

Zofi Cash, the Ugandan digital financial startup, has secured pre-seed funding of $1 million from  Advancly. This was announced in a

Tyme
Funding Investment Payment Venture Capital

Tyme Secures New International Investors in Latest Capital Raise

Tyme, a South African fintech startup, has successfully secured two new international investors as part of its pre-series C capital

Jumia Pay
Partnership

JumiaPay and Trove Finance Partner to Provide Convenient Ways to Manage Investments

JumiaPay has announced a partnership with Trove Finance. This partnership enables Trove’s customers to leverage JumiaPay to fund their investment

Acasia Ventures
Funding Investment Venture Capital

Egyptian Venture Capital Firm, Acasia Ventures Leads Balad’s Seven-figure Pre-seed Investment

Acasia Ventures, the Egyptian venture capital firm, has led the USD seven-figure pre-seed investment round in Cairo-based, remittance-focused fintech startup

Proparco
Funding Investment Venture Capital

Proparco Supports Egypt’s Startups With Investment in DisrupTech Ventures

Proparco, a subsidiary of the AFD Group focused on private sector development, has announced an investment in an early-stage venture

Convergence Partners
Funding Investment Venture Capital

Convergence Partners Closes $10m Investments in 42Markets Group

Convergence Partners, an investment management firm focused on the Technology, Media and Telecom sector in Africa, has announced the acquisition

Opportunik
Venture Capital

Opportunik Launches African and Diasporan-Focused Investment Fund

Opportunik, a private wealth fund giving Africans and Diasporans access to global investments, announced today that it will launch its

Goodwell Investments
Funding Partnership Venture Capital

Oxfam Novob Partners With Goodwell Investments in €20m Fund to Support East African SMEs

Oxfam Novib and Goodwell Investments have announced a new €20 million fund dubbed Pepea. The fund will support early-stage growth companies

Funding Investment Venture Capital

Rwazi Secures $4m Investment Led by Bonfire Ventures

Rwazi, a market intelligence startup, has secured $4 million in funding led by Bonfire Ventures and saw participation from Newfund

Almentor
Funding Investment Venture Capital

Almentor Secures $10mn Investment Round Led by e& capital to Bridge Education Gap For Arabic Speakers

Almentor, the Egyptian online video learning platform in Arabic, has raised $10 million in growth capital in a pre-series C round