Apollo
AgricTech Funding Investment Venture Capital

Kenyan Agritech Startup, Apollo Raises $40m Led by Softbank Vision Fund 2

Apollo Agriculture, the Kenyan agritech startup, has closed a $40 million Series B funding in an equity round led by

Fintech Funding Investment Venture Capital

African Neobank, 4G Capital Closes $18.5m Series C Funding Round

4G Capital, the African neobank, has secured $18.5 milliom Series C funding round from private equity fund Lightrock. Since its

Ecommerce Funding Investment Startup

Sokowatch Secures $125M Series B Round, Rebrands to Wasoko

Sokowatch, the African e-commerce company leveraging innovative technology to transform the informal retail supply chain, has closed a $125 million

iPhone
Business Technology

Apple Suspends Product Sales in Russia Over Ukraine Attack

Apple has suspended product sales in Russia following as a result of the latter’s invasion of Ukraine. The iPhone manufacturer

TradeDepot
Acquisition

Nigerian B2B Marketplace TradeDepot Expands to Ghana With Acquisition of Green Lion

TradeDepot has acquired Green Lion, a Ghanaian B2B eCommerce platform to accelerate its growth, boosting its service delivery across the

Remedial Health
Health

Remedial Health Nabs $1m to Digitise Pharmaceutical Industry in Nigeria

Remedial Health, a YC backed Nigerian healthtech startup, has closed a $1 million pre-seed investment. The round was led by Global

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

Thndr
Fintech

Egyptian Fintech Startup, Thndr Secures $20m Series A Funding to Democratise Investment in MENA

Thndr, an Egyptian digital investment firm, has secured a $20 million series A investment co-led by Tiger Global, BECO Capital

Norrsken22
Venture Capital

Backed by 30 Unicorn Founders, Norrsken22 Holds First Close of $200m Fund For African Startups

The Norrsken Foundation has launched Norrsken22 Africa Tech Growth Fund, which has held its first close at $110 million. The

Bamboo
Funding Investment Venture Capital

Nigerian Investment Startup, Bamboo Closes $15m Series A

Bamboo, a Nigerian stock investment marketplace, has closed a $15 million Series A round led by Tiger Global and Greycroft.