TLcom Capital
Appointment Venture Capital

TLcom Capital Appoints Eloho Omame as Partner to Scout For More pre-Seed, Female-owned Startups

TLcom Capital, the Africa-focused venture capital firm, has appointed Eloho Omame of FirstCheck Africa as a partner to scout and back more

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

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

Umba
Fintech Funding Investment Venture Capital

Nigerian Digital Bank Umba Secures $15m Led by Costanoa Ventures

Umba, a Nigerian digital banking startup, has raised $15 million in Series A funding to offer financial services to the

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

IFC
Venture Capital

IFC Invests $5m in Disruptech Ventures Fund

The International Finance Corporation (IFC) has committed $5 million in Egyptian venture capital fund Disruptech Ventures to support development in

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

IFC
Investment

IFC Invests $10m in Knife Capital Fund III to Support South Africa’s Digital Entrepreneurs

The International Finance Corporation (IFC) has invested in Knife Fund III, a new fund managed by Cape Town-based venture capital

Moove
Fintech Investment Mobility

Moove Secures $10m Funding From NBK Capital Partners Mezzanine Fund

Moove, an African mobility fintech, has secured a US$ 10 million financing facility from NBK Capital Partners Mezzanine Fund II.