Madica
Venture Capital

Global VC, Flourish Ventures Launches Africa-focused Pre-seed Funding Arm Madica

Flourish Ventures, a global venture capital firm investing in mission-driven fintech entrepreneurs, has announced the launch of affiliate Madica, a structured

Stears
Funding Investment Startup Venture Capital

Nigeria Data & Intelligence Startup, Stears Secures $3.3m Led by MaC Ventures

Stears, a Nigerian data and intelligence startup, has raised $3.3 million in a seed round led by MaC Ventures. The

Purple Elephant Ventures
Funding Investment Startup Venture Capital

Kenyan Tourism-focused Venture Studio, Purple Elephant Ventures Secures $1m Funding

Purple Elephant Ventures (PEV), the Kenyan tourism-focused venture studio, has closed a $1 million pre-seed to build the next generation of

Algebra Ventures
Venture Capital

Algebra Ventures, the Egyptian Venture Capital Firm Raises $100m For its Second Fund

Algebra Ventures, the Egyptian venture capital firm, has announced that it has completed a $100 million first close of its

REMEDIAL HEALTH SECURES $4.4 MILLION IN SEED FUNDING TO PROVIDE ACCESS TO CREDIT FOR NEIGHBOURHOOD PHARMACIES IN NIGERIA
Funding Health

Remedial Health Secures $4.4m in Seed Funding to Provide Access to Credit for Neighbourhood Pharmacies in Nigeria

Remedial Health, a healthtech startup, has raised $4.4 million in seed funding to accelerate its expansion across Nigeria and to

Celo Foundation
Partnership

Unicorn Growth Capital and EchoVC Join the Celo Foundation’s Efforts To Strengthen Celo’s Africa Ecosystem

Unicorn Growth Capital, an Africa-focused venture fund investing at the intersection of traditional finance (TradFi) and decentralized finance (DeFi), and EchoVC,

Janngo Capital
Venture Capital

Janngo Capital Startup Fund Reaches First Close of its €60m New Fund

Janngo Capital Startup Fund (JCSF) has announced its first close at EUR34 million (approximately US$36 million) in capital commitments on the eve of

Endure Capital
Venture Capital

Egyptian Venture Capital Firm, Endure Capital Closes First Round of $50m Fund

Endure Capital, the Egyptian venture capital firm, has announced that it has completed the first close of its new $50

Seedstars Africa Ventures
Appointment

Bruce Nsereko-Lule Joins Seedstars Africa Ventures as a General Partner

Seedstars Africa Ventures, an early-stage fund for startups in the African region, has announced that Bruce Nsereko-Lule has joined the

Funding Investment Venture Capital

Kenya’s CrewHR Becomes FaidiHR After Securing Undisclosed Funding From SprintX

Crew HR & Payroll, a Kenyan HR and paytoll startup, has rebranded to FaidiHR after it received an undisclosed amount