Funding
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Why Yaga’s Funding Signals a New Chapter for Africa’s Social Commerce
Yaga is rewriting the rules of circular commerce in Africa. The Estonia-headquartered, South Africa–led startup has raised €4 million in pre-Series A funding, bringing its…
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What’s Driving Investor Appetite Behind Moniepoint’s $90M Raise?
As Africa’s digital economy accelerates, one fintech continues to set the pace. Moniepoint Inc. has secured an extra $90 million in its Series C round,…
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Chari closes $12M Series A and becomes the first VC-backed startup to obtain a financial institution license in Morocco
Chari, the YC-backed startup founded in 2020 by husband-and-wife duo Ismael Belkhayat (ex-BCG) and Sophia Alj (ex-McKinsey), has closed a $12M Series A round—the largest…
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What FUNGUO’s $2.65M Fund Means for Tanzania’s Innovation Future
Tanzania is steadily transforming into a hub of homegrown innovation, with the latest milestone coming from the FUNGUO Innovation Programme, implemented by UNDP Tanzania with…
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Nuxera AI Secures $2.5M Strategic Pre-Seed Investment from Sanabil Venture Studio by Redesign Health to Lead Arabic AI Innovation in Healthcare across the Kingdom
Nuxera AI, a Saudi health-tech startup has secured an early investment from Sanabil Venture Studio by Redesign Health. This new funding will accelerate the company’s…
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How REasy’s $1.8M Raise Is Rewiring Cross-Border Trade for African SMEs
As Africa’s import markets expand beyond $300 billion annually, the pressure to modernise cross-border payments is mounting. REasy, a Cameroon-based fintech, has raised $1.8 million…
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Why Saudi Arabia Backed Nuxera’s $2.5M Push Into Clinical AI
In a funding landscape increasingly defined by strategic alignment, Nuxera AI’s $2.5 million pre-seed round stands out. This early-stage investment from Sanabil Venture Studio,a collaboration…
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How Solcon Capital’s Tech Credit Fund Is Powering Black-Owned ISPs Across South Africa
In a country where cutting-edge digital infrastructure coexists with persistent inequality, Solcon Capital is charting a new course toward inclusivity. The recent launch of its…
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How Mawingu Plans to Use $20M to Connect 1M East Africans by 2028
What if internet access wasn’t tied to expensive infrastructure or urban privilege? Mawingu’s solar-powered ISP model is proving it’s possible, one rural village at a…
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What Shield’s $5M Seed Round Means for Stablecoin-Powered Trade Finance
The Shield crypto neo-bank is transforming global trade with its announcement that Shield raises $5 million in a seed round on September 22, 2025. Led…
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