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

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

Venture Capital

African Tech Startup Fund Atlantica Ventures Gets $23.8m From EIB and Boost Capital

Atlantica Ventures, an African tech Startup Fund, has raised over $11.3 million (c. EUR 10m) in junior capital from Boost Africa

Ecommerce Funding Retail

ProXalys Secures $150k Pre-seed From Haskè Ventures

ProXalys, a Senegalese B2B eCommerce company, has secured a $150,000 pre-seed funding from Haskè Ventures, the venture builder for Francophone

ParkUpp
Acquisition

South African Parking Marketplace, ParkUpp Acquired By Docklands Ventures

ParkUpp, a South African parking marketplace, has been acquired by real estate investment company Docklands Ventures. Founded in 2016, ParkUpp is

Bfree
Fintech Venture Capital

Nigerian Credit Management Fintech, Bfree Lands $1.7m Pre-Series A For Global Expansion

Bfree, a Nigerian credit management fintech, has raised $1.7 million in a pre-Series A round to fund its planned global