Venture Capital

AfricInvest Closes its Midcap-focused Fund Raising over $400m

AfricInvest, an African investment platform, has announced the final close of AfricInvest Fund IV with total commitments of US$411 million.

Funding Investment Marketplace Venture Capital

Egyptian Online Used Cars Marketplace, Sylndr Closes $12.6m Pre-seed Round

Sylndr, an Egyptian online used-car marketplace, has raised $12.6 million for its pre-seed round led by RAED Ventures, with participation

Airtel
Payment Product Launch Telecom

Airtel Payment Service Bank, SmartCash Launches in Nigeria

Airtel Africa has revealed the official commencement of operations of its payment service bank tagged SmartCash in Nigeria. This revelation

Funding Health Investment Venture Capital

Egyptian Healthtech Startup Doxx Raises $1.5m Seed Round

Doxx, an Egyptian healthtech startup, has raised $1.5m in a seed round. Founded in 2020, Doxx connects users to professionals

Financial Inclusion Partnership Payment

Mastercard, OPay Partner to Grow Cashless Ecosystem

Mastercard and OPay have announced a partnership that will open up digital commerce to millions of people across  Middle East

Fintech Funding Investment

Bamba, a Pan-African Fintech Startup, Closes $3.2m Seed Funding to Expand its User Base Across Africa

Bamba, an African-focused fintech, has closed a $3.2 million in seed funding to scale its app and build out its

AgricTech Funding Investment

Naspers Foundry Leads $5.1m Equity Round in Agritech Company Nile

Naspers, through its early-stage tech investment vehicle Naspers Foundry, has announced a $2.5 million investment in Nile, an agritech company

Tech Tips Tips

Why You Should Use Scheduling Software

Using scheduling software improves time management. But not everyone is making use of this new technology. Examples of good scheduling

Startup

APPLY: Google for Startups Black Founders Fund for Africa 2nd Cohort

Google has announced that applications for the second cohort of the Google for Startup Black Founders Fund for Africa are

Twiga Foods
AgricTech

Twiga Foods to Invest $10m in New Commercial Subsidiary Dubbed Twiga Fresh

Twiga Foods, the Kenya B2B agritech startup, has announced plans invest $10 million in a Twiga Fresh, a new subsidiary