Funding
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South Africa’s TUNL Blazes Cross-Border Trails with Pre-Seed Boost
South Africa’s TUNL Blazes Cross-Border Trails with Pre-Seed Boost South African e-commerce shipping platform TUNL has secured a $1 million pre-seed funding boost to accelerate…
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Kenyan Insurtech Lami’s Acquisition of Bluewave Falls Through: A Missed Opportunity or New Beginnings?
Kenyan Insurtech Lami’s Acquisition of Bluewave Falls Through: A Missed Opportunity or New Beginnings? African fintech startup Bujeti has secured $2 million in seed funding…
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Nigeria-based commodities startup AFEX raises $26.5M from BII to support smallholder farmers and improve food security in Africa
AFEX, a Nigeria-based commodities platform that enables efficient trade for commodities in Africa, has raised $26.5 million in funding from British International Investment (BII), the…
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Maisha Meds Receives $5.25 Million in Funding to Scale Up Malaria Care in Africa
Maisha Meds, a Kenyan digital health company, has received $5.25 million in funding from USAID to scale up its malaria care program in Africa. Maisha…
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Insurtech Startup Inclusivity Solutions Secures $1.5 Million Extension Round to Expand to 12 African Markets by 2024
Inclusivity Solutions, an insurtech startup that delivers embedded insurance solutions into platforms and services that consumers already use, has secured a $1.5 million extension round…
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Egyptian Edtech Startup Crafty Workshop Raises $400,000 in Seed Funding
Crafty Workshop, an Egyptian edtech startup specializing in the creative industries, has raised $400,000 in seed funding led by EdVentures, the region’s first corporate venture…
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Nova Credit Raises $45 Million to Expand Open Finance Credit Products
Nova Credit, a credit bureau and data analytics company, has raised $45 million in a Series C funding round. The round was led by Canapi…
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Sanari capital, a South African firm Closes $65 Million Growth Fund to Drive Economic Development in Africa
Sanari Capital, a majority black and female-owned private equity firm based in South Africa, has successfully secured $65 million for its growth fund. The primary…
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Egyptian Insurtech Startup Amenli Secures $1 Million Funding to Accelerate Growth
Amenli, an Egyptian insurtech startup, has secured $1 million in equity funding to expand its team, enhance its product offerings, and strengthen its brand presence.…
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South African Logistics Software Platform Tripplo Secures $1.8M Seed Funding Extension
South African logistics software platform Tripplo has raised $1.8 million in a seed funding extension round, led by Futuregrowth Asset Management (representing Old Mutual Life…
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