IFC
Investment

IFC Invests $10m in Knife Capital Fund III to Support South Africa’s Digital Entrepreneurs

The International Finance Corporation (IFC) has invested in Knife Fund III, a new fund managed by Cape Town-based venture capital

Moove
Fintech Investment Mobility

Moove Secures $10m Funding From NBK Capital Partners Mezzanine Fund

Moove, an African mobility fintech, has secured a US$ 10 million financing facility from NBK Capital Partners Mezzanine Fund II.

SMEs

Kenyan Fintech IMFact Bags ≈$4m Funding From FSD Africa Investment to Boost Capital Supply to SMEs

IMFact, a Kenyan fintech startup, has secured a £3 million ($3.95m) investment from FSD Africa Investments (FSDAi), the investing arm

4DX Ventures
Venture Capital

African-focused Venture Capital Firm, 4DX Ventures Closes Second Fund at $60m

4DX Ventures, a pan-African venture capital firm, has completed the final close of its second fund at $60 million. The

Pariti
Investment Venture Capital

Kenya’s Pariti Secures $2.85m Seed Funding Led by Harlem Capital

Pariti, the community marketplace building infrastructure for entrepreneurship in Africa, has raised $2.85 million in seed funding led by Harlem Capital.

Union54
Fintech Funding Investment Venture Capital

Zambian Fintech Startup, Union54 Raises $3m to Scale its Team and Expand Customer Base

Union54, a Zambian fintech startup, backed by Y Combinator, has closed a $3 million seed round led by Tiger Global.

Sanergy
Funding Investment Venture Capital

Kenya-based Waste Management Company, Sanergy Secures $2.5m Funding From JICA

Sanergy, a Kenyan-based waste management company, has secured a $2.5 million investment from Japan International Cooperation Agency (JICA). Founded in

Briware
Funding Investment Venture Capital

Tunisia-based Data Management Startup, Biware Raises $1.2m Seed Round

Biware, Tunisian data management, and analytics startup, has closed a $1.2 million seed round from CDC Gestion and Zitouna Capital. Developed in 2011

Interswitch
Partnership Payment

Interswitch Partners With Codebase Technologies to Boost Digital Banking in Africa

Interswitch has announced a new strategic partnership with Codebase Technologies (CBT), a leading global open API banking solution provider, to

Wave
Fintech Funding Investment Venture Capital

Senegal-based Wave Becomes Francophone Africa 1st Unicorn After Raising $200m Funding

Wave, the U.S., and Senegal-based mobile money startup, has become the first unicorn in francophone Africa after raising $200 million