Lulalend
Entrepreneurship Fintech Funding Investment SMEs Venture Capital

Lulalend, a South African Digital Lender Has Raised $6.5m

Lulalend, a South African digital lender has raised a $6.5 million Series A round co-led by IFC and Quona Capital. The

Arnergy
Africa Energy Entrepreneurship Funding Investment Venture Capital

Nigerian Renewable Energy Solutions Platform Arnergy Raises $9m Series A Investment

Arnergy, a Nigerian distributed utility company, today announced it has raised $9 Million in a Series A round of funding led

Orange
Funding Investment Smartphones Technology Telecom

Orange Invests in KaiOS in a Bid to Close Africa’s Digital Divide

In a bid to close Africa’s digital payment and boost internet access in the continent, Orange contributed to the recent

MDaaS
Africa Entrepreneurship Funding Health Investment Social Entrepreneurship

MDaaS Global Set to Launch 100 Additional Centres After Raising $1m

MDaaS Global, which is building a network of tech-enabled diagnostic facilities in Nigeria, has closed a seed funding totaling US$1

Naspers
Funding Investment Startup

Naspers Buys $2.1m Stake in South Africa Online Cleaning Service SweepSouth

Naspers has made the first investment through its new Naspers Foundry startup fund, buying a stake in Internet-based domestic cleaning

Africa’s Business Heroes
Africa Business Funding Investment Transport Venture Capital

MAX.ng Raises $7m to Scale Moto-taxi Transportation in Africa

MAX.ng, the pioneering Nigerian mobility startup, announced today that it has raised $7 million from an elite group of strategic

Swvl
Africa Funding Venture Capital

Egyptian Bus Booking Startup, Swvl Raises $42 Million As it Prepares to Launch in Lagos

Swvl, an Egyptian app for booking buses, has raised $42 million as it prepares to debut in Lagos and finalise

Investment Sports Venture Capital

Egypt’s Fantasy Sports Startup, Eksab Secures Undisclosed Funding From 500 Startups

Eksab, the leading Daily Fantasy Sports (DFS) platform in Egypt has announced a six-figure seed investment investment from 500 Startups

Inclusivity Solutions
Entrepreneurship Funding Insurtech Investment

InsurTech Startup Inclusivity Solutions Secures $1.5m Series A Funding Round

Inclusivity Solutions, the company that designs, builds and operates digital insurance solutions, has completed a US$ 1.5 million first tranche

Norrsken
Africa Entrepreneurship Funding Innovation Hub Investment SMEs

Swedish Impact Hub, Norrsken Launches Tech Fund and Entrepreneurship Hub in Kigali

Sweden’s Norrsken Foundation, a coworking space, and investment fund launched its tech fund and entrepreneurship hub in Rwanda to support ventures