Funding
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AgDevCo Secures $32 Million to Drive the Next Generation of African Agribusiness
AgDevCo, a leading investor in African agriculture, has secured a significant $32 million investment from the UK’s Foreign, Commonwealth, and Development Office (FCDO). This exciting…
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Fintech Startup FlapKap Receives Significant Pre-Series A Funding
In a significant development for the fintech industry, FlapKap, a fintech platform with its origins in Egypt and now headquartered in Abu Dhabi, has successfully…
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Ghanaian Fintech Fido Secures $30M in Series B Funding
Ghanaian financial technology company Fido has successfully raised $30 million in Series B funding, with BlueOrchard Finance Ltd. and FMO, a Dutch entrepreneurial development bank,…
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Chpter’s Expansion Plans for Nigeria and Egypt
Chpter, a conversational commerce platform utilising AI to facilitate sales on social platforms like WhatsApp and Instagram, has proudly announced the successful raising of $1.2…
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African Immigrant Lending Platform Raises $2.25 Million
Kredete, a fintech startup based in Nigeria, has recently secured $2.25 million in seed funding with the aim of supporting African immigrants in their efforts…
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The African Development Bank Provides Funding for Circular Economy SMEs in Africa
The African Development Bank-supported AfriCircular Innovators Programme has carefully selected 30 small and medium-sized enterprises to receive financing and technical assistance for the expansion of…
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African HR Tech Startup Workpay Raises $5 Million for Expansion
Workpay, a leading African HR technology platform, has secured $5 million in Series A funding to expand its offerings and solidify its position in the…
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ANDE and IKEA Empower Green Entrepreneurs in Kenya and India
Kenya and India are set to benefit from a $700,000 grant from the Aspen Network of Development Entrepreneurs(ANDE) and the IKEA Foundation to support green…
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Liquid Telecom Gets U.S. Backing for African Expansion
Liquid Telecommunication Holdings Ltd. is making moves to secure $225 million in equity by the year’s end, with a substantial portion coming from the U.S.…
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Open Access Energy Secures $750,000 to Tackle South Africa Blackout
South African energy tech startup Open Access Energy (OAE) has secured a substantial $750,000 investment from Factor E Ventures as part of its $1.5 million…
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