FSD Africa Investments (FSDAi), the UK-backed specialist development finance investor, is investing GBP10 million (US$13 million) into ARM-Harith’s Climate and…
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Sabou Capital, a new investment fund aimed at closing funding gaps for small and medium-sized enterprises (SMEs) in West and…
South Africa-based payments infrastructure company Stitch has announced a US$55 million Series B round of funding, which will enable the…
Egyptian quick commerce (q-commerce) startup Rabbit has secured an undisclosed amount of funding from blue-chip investors and extended its services…
More than 80 Nigerian web3 startups have raised a combined US$130 million to date, with US$20 million raised in 2024…
Nairobi-based tourism-focused venture studio Purple Elephant Ventures (PEV) has topped up its seed round by US$500,000, taking the total to…
Moroccan fintech startup PayTic, which works to streamline payment operations for financial institutions, has raised a US$4 million seed extension…
Kenya’s Umba, a leading pan-African digital bank, has secured a US$5 million debt facility from Star Strong Capital to expand…
Egyptian consumer finance platform ADVA has been acquired by the Abu Dhabi-based, IHC-owned Maseera to boost AI-powered financial inclusion. Founded…
Hopes that funding for African tech startups would take a leap in 2025 have been dented as 55 ventures raised…