TradeDepot
Funding

African Startups That Raised $100m and Above in 2021

The African startup ecosystem bounced back in 2021 to raise a mind-blowing $4 billion. Briter Bridges says the total 2020

TradeDepot
Ecommerce Funding Investment Venture Capital

Nigerian B2B eCommerce Startup TradeDepot Raises $110m Series B Investment

TradeDepot, a Nigerian B2B eCommerce startup, has raised a $110 million Series B in an equity and debt funding round

Yassir
Transport

Algerian on-demand Transport Platform, Yassir Closes $30m Series A Funding

Yassir, an Algerian on-demand transport platform, has raised a $30 million Series A funding round. The investment was led by a

Jumia
Appointment Ecommerce

Betty Mwangi is the New CEO of Jumia Kenyan

Betty Mwangi has been appointed as the new CEO of Jumia Kenya. She takes over from former Sam Chappatte. She

Mobiz
Funding Investment Venture Capital

South African SaaS Mobile marketing, Mobiz Platform Closes $4m pre-Series A Funding

Mobiz, a South African SaaS Mobile marketing Platform, has raised a $4 million pre-Series A HAVAÍC, Futuregrowth, Launch Africa, Allan

Partnership Payment

Paga Partners with LISNR on Ultrasonic Authentication for Contactless Payments Across Africa

Paga, a payment, and financial service company, has partnered with LISNR, a proximity verification firm, to enable contactless ultrasonic authentication

Ozow
Fintech Funding Investment Payment Venture Capital

South African Fintech Startup, Ozow Secures $48m Series B Funding

Ozow, a South African fintech startup, has raised $48 million in a Series B funding round led by Tencent. The

MFS Africa
Fintech Funding Payment Startup Venture Capital

Pan-African Cross-border Payments Startup, MFS Africa Secures $100m Series C Funding

MFS Africa, the pan-African cross-border payments startup, has raised US$100 million Series C funding through an equity and debt financing

Product Launch

WorkPay, a Nairobi-based YC Graduate Expands to Nigeria

WorkPay, a Kenyan cloud-based workforce management startup with human resource (HR) and payroll management has expanded to Nigeria. Founded in

54gene
Funding Health Investment Venture Capital

With New $25m Series B Round, 54gene is Looking to Expand its Genomics Services Across Africa

54gene, the African genomics startup, has closed a $25 million Series B round led by Cathay AfricInvest Innovation Fund. The round also