Tyme Bank
Acquisition

TymeBank to Acquire Fintech SME funder, Retail Capital in Bid to Bolsters its Business Banking Offering

TymeBank, South Africa’s fastest-growing digital bank, is set to bolster its business banking offering with a series of new initiatives,

Lami Technologies
Funding Insurtech Investment Venture Capital

Lami Technologies Raises US$3.7mn Seed Extension 

Lami Technologies, a Kenyan insurtech startup, has raised a US$ 3.7m seed extension to expand its insurtech product across Africa.

Homzmart
Funding Investment Startup Venture Capital

Homzmart Secures $23m in Pre-series B Round Investment

Homzmart, an Egyptian furniture online marketplace, has raised $23 million in pre-series funding to expand its services. Saudi Technology Ventures

MEST Africa
Startup

APPLY: The MEST Africa Challenge

MEST Africa has officially announced the opening of applications for the 2022 MEST Africa Challenge. Pre-seed to seed stage technology

Oui Capital
Venture Capital

African VC Firm, Oui Capital Announces First Close of its $30M Second Fund

Oui Capital, an Africa-focused VC firm has completed the first closing of its $30 million second fund, Oui Capital Mentors

Bizao
Fintech Funding Investment Venture Capital

Cote d’Ivoire Fintech Startup Bizao, Secures $8.1m to Support Expansion Across Africa

Bizao, a fintech startup based in Cote d’Ivoire, has announced $8.1 million series A funding to accelerate its geographical footprint

SOUTH AFRICA’S SMARTWAGE APPOINTS THAMSANQA MOYO AS ITS NEW CTO
Africa Funding Startup

Cathay AfricInvest Innovation Fund Complete Final Close of €110M

AfricInvest, a leading multi-asset investment platform in Africa and global venture capital firm Cathay Innovation, have completed the final close

Cassava
Funding Investment Startup Technology Venture Capital

Cassava Technologies Announces $50m Strategic Investment From C5 Capital

Cassava Technologies, an African tech company, has announced that it has secured a US$50 million investment from C5 Capital (C5),

FSD Africa
Funding Investment Venture Capital

FSD Africa Invests $3.5m in Catalyst Fund to Accelerate and Scale Pre-seed Impact Ventures in Africa 

FSD Africa has invested $3.5 million in global inclusive tech accelerator, Catalyst Fund, managed by BFA Global to anchor the

MOOVE CLOSES $20 MILLION FINANCING FROM ABSA
Africa Funding Investment Mobility

Moove Closes $20 Million Financing From Absa

Moove, the world’s first mobility fintech, has secured R300 million (US$20 million) in financing from Absa Corporate and Investment Banking