Fez Delivery
Funding Investment Logistics Startup Venture Capital

Fez Delivery, Techstars-backed Logistics Startup Announces Seed Raise of $1m Led by Ventures Platform

Fez Delivery, a logistics and delivery company, has raised a $1 million seed led by Ventures Platform, with participation from

Funding Investment Venture Capital

Rwazi Secures $4m Investment Led by Bonfire Ventures

Rwazi, a market intelligence startup, has secured $4 million in funding led by Bonfire Ventures and saw participation from Newfund

Delta40
Venture Capital

Factor[e] Ventures Launches Delta40, a New Venture Studio to Transform African Startup Ecosystem

Factor[e] Ventures has announced the launch of Delta40, a new venture studio that aims to increase incomes and tackle climate

Volvo
Electric Vehicle

Volvo Delivers First Electric Truck to Morocco

Volvo Trucks has delivered its first heavy electric truck to refuse collection company Arma in Morocco. This is the first

Ejara
Blockchain Funding

Ejara Gets Backing From Adaverse to Democratise Finance in Francophone Africa

Ejara, an investment platform that improves access to financial solutions through blockchain, has raised funding from Adaverse, a Cardano ecosystem

Fawry
Digital Partnership

Fawry Offers its Digital Solutions For Mngm Platform for Precious Metals Clients

Mngm and Fawry have inked a deal that allows existing ‘Mngm’ customers to charge their cash balance through the Fawry

FairMoney
Acquisition

FairMoney Acquires Payforce

FairMoney has acquired Payforce, a merchant payment collection and financial services distribution platform. The latter will now be known as PayForce

flat6labs
Venture Capital

Flat6Labs Launches New US$95M Venture Capital Fund to Expand its Impact in Africa

Flat6Labs, MENA’s leading seed investor, has announced the launch of a new US$95 million Seed Fund to nurture the growth

Naspers
Venture Capital

Naspers Shuts Down Naspers Foundry, its SA Focused VC Arm

Naspers has shut down Naspers Foundry, its $100 million South Africa-focused venture capital fund. Despite the closure, Naspers says it

Google
Accelerator Startup Women

Meet 15 Female-led Startups Selected for Google Africa Accelerator

Fifteen startups from eight African countries have been selected for the inaugural cohort of the Google for Startups Accelerator for