This New Technology to Make Tourism More Sustainable with Purple Elephant Ventures Latest Funding Round
Purple Elephant Ventures (PEV), a Nairobi-based venture studio, has secured a stunning $4.5 million in seed funding, marking one of…
Category: Funding
Digital Wallet Users to Enjoy Reduced Cross-Border Payment Fees and Processing Times with Thunes
In a move that promises to significantly impact the cross-border payments landscape in the Asia-Pacific region, Thunes, the “Smart Superhighway”…
Why Zepz’s Latest Funding Round is a Game-Changer for Underserved Areas in Sub-Saharan Africa
The International Finance Corporation (IFC), a member of the World Bank Group, has announced a $20 million investment in Zepz,…
Women-Led African Enterprises Receive $150,000 Boost and How to Benefit from the Investment
A recent investment by Village Capital, facilitated through Standard Chartered’s Women in Tech Financing Facility, is shining a light on…
Renew Capital Empowers Enakl to Transform Transportation Across Africa
Moroccan urban mobility startup Enakl recently secured $1.4 million in pre-seed funding to accelerate its mission of providing safer, smarter,…
Cassava Technologies Announces $310M Funding and Strategic Reorganization
Cassava Technologies, a leading African technology company, has achieved a significant milestone by securing a $90 million equity investment from…
Tyme Bank Achieves $1.5B Valuation with $250M Investment Led by Nubank
Tyme Group, a rapidly expanding digital banking company based in Singapore, has announced that Nubank, Latin America’s top digital financial…
Nigerian Startup Juicyway Raises $3M to Scale Operations
Juicyway, a pioneering cross-border payments startup, has successfully raised $3 million in pre-seed funding. Led by P1 Ventures, the round…
Etana Energy Secures Major Backing for Renewable Energy Projects
GuarantCo, a member of the Private Infrastructure Development Group (PIDG), and British International Investment (BII) have joined forces with Etana…
Visa Announces Key Investments in African Fintech Accelerator Alumni
Visa has taken a significant step towards promoting digital innovation in Africa by investing in four promising startups from its…