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Venture Capital
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Tofino Capital has closed the first round of a $10 million fund to support African startups
Tofino Capital has announced the first close of its $10 million funding with a goal of reaching the complete close...
Read moreThe International Finance Corporation (IFC) invests $15 million in ‘Algebra Ventures’ to help Egyptian tech startups
The International Finance Corporation (IFC) announced a $15 million investment in the second fund from venture capital firm Algebra Ventures,...
Read moreAl Mada, a Moroccan firm, has launched a $110 million pan-African startup investment fund.
Al Mada Holding Group of Morocco has formed a pan-African venture capital fund worth US$110 million to invest in fast-growing...
Read moreAntler closes an oversubscribed East Africa fund with a $13.5 million investment
Antler, an early-stage investor, has completed its US$13.5 million East Africa investment fund, which will continue to support early-stage tech...
Read moreFormerly known as Sokowatch, Kenyan e-commerce startup Wasoko has raised $125 million in Series B funding
Sokowatch, a Kenyan e-commerce business that uses technology to improve the informal retail supply chain, has closed a US$125 million...
Read moreMoove, a Nigerian mobility fintech startup, has raised $105 million in a Series A2 round.
Moove, a Nigerian mobility fintech startup, has raised US$105 million in an oversubscribed Series A2 round to help it expand...
Read moreNigerian Digital Bank Yep! Raises $1.5 million in pre-seed funding
"Financial super app" Yep! has secured $1.5 million in pre-seed funding from pan-African VC, Greenhouse Capital, as the company launches...
Read moreSusu, a healthtech firm based in Ivory Coast, has raised $1 million in order to expand insurance coverage in Africa
The Ivory Coast and France-based Susu have raised $1 million in pre-seed money to give its customers in the Ivory...
Read moreSudo Africa, a Nigerian startup, has raised $3.7 million in pre-seed funding
Sudo Africa, a Nigerian fintech that provides a map issuance API for apps and businesses, has received pre-seed funding of...
Read moreVALR, a South African cryptocurrency exchange, has raised $50 million in Series B funding to expand across Africa
VALR, a South African cryptocurrency exchange, has acquired a US$50 million Series B funding round, valuing the company at US$240...
Read moreClickatell, based in South Africa, has raised $91 million in Series C funding
Clickatell, a South African company that has grown to be a global leader in chat commerce, has raised US$91 million...
Read moreMarketForce raises $40 million in Series A funding to expand its super app for Africa’s informal merchants
MarketForce, a Nairobi-based B2B platform for consumer goods retail distribution and digital financial services in Africa, has announced the completion...
Read moreThe Big 5
