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Sahl, an Egyptian mobile bill payment app, has raised $6 million in Series A and seed funding to act as
Swypex, the Egyptian fintech startup, has raised a $4 million seed investment round led by Accel. The investment also included
IFC has disclosed that it is investing $10.5 million in a new fund by 4DX Ventures, a New York-based venture
Flourish Ventures, an early-stage global fintech venture capital firm, has announced the launch of a research effort titled The African Founder
Chefaa, a pharmacy benefits platform, has secured $5.25 million in a strategic leap from new and existing investors. It was
Almouneer, the Egyptian healthtech startup, has raised $3.6 million seed round led by Dubai-based Global Ventures, with participation from other
Intella, the Egyptian deep tech startup, has closed a $3.4 million pre-Series A funding round led by HALA Ventures and
Flash, an Egyptian cashless payments app, has secured a $6 million seed round led by Addition with participation from Flourish
Acasia Ventures, the venture capital investment arm of Acasia Group, has launched a new office in Lagos, Nigeria. This is
Verod-Kepple Africa Ventures has raised US$43 million as part of its ongoing fundraising for its pan-African venture fund. The fund’s