Kenya-based waste management company Sanergy has announced it secured a $2.5m investment from Japan International Cooperation Agency. Founded in 2010, Sanergy generates fertilizer and other by-products by providing safe, affordable sanitation in the slums, the startup focuses on promoting the human rights of hygienic waste sanitation. Sanergy specializes in

Nigeria-based financial data startup, Mono, has announced it raised $15m in a Series A funding round led by Tiger Global. Other participants in the round include Entree Capital, Lateral Capital, GPIC, Acuity VC, Ingressive Capital, Target Global, General Catalyst, and SBI Investment. Mono was founded in 2020 by Abdul Hassan

South Africa’s leading Foodtech startup FOMO, a restaurant specials and events discovery platform has partnered with the V&A waterfront. The partnership aims to drive consumers back into the V&A by listing all available restaurants and events on the FOMO app. The V&A Waterfront

Healthcare encompasses not only medical doctors and hospitals, but also dentistry, psychology, nursing, physical therapy, occupational therapy, and more. People rely upon an efficient healthcare system to help us maintain personal health through the treatment (or prevention) of illness, injury, disease, and other physical or mental impairments. But owing to

Ivorian digital logistics startup Kamtar have announced it raised $3.5m in a series A funding round as it moves to expand its Pan-Africa operations. Sendy Limited, Mobility 54 Investment SAS and Saviu Ventures all participated in the round. Kamtar is a major digital logistics startup established in 2018. The

South African Proptech group Castle One has announced it received an undisclosed amount of funding from HL Hall and Sons Holdings. The startup speaking said the deal will unlock new, synergistic value for the benefit of the real estate industry, both locally and abroad. Castle One was launched by Jonothan

South African developer of enterprise software engineering solutions Stone Three, has raised an undisclosed amount of funding from Knife Capital as it bids to expand. Stone Three was launched in 2000. The startup has since become a leading industry 4.0 solution business, combining expert services with the power of

Nigeria-based Insurtech startup providing API-driven insurance infrastructure-as-a-service Insurpass has announced it raised an undisclosed amount of investment from the US-based investment syndicate Tekedia Capital. Insurpass was co-founded by Seun Ayegbusi and Tobi Odejinmi. The startup enables companies across all sectors to build, embed, and offer digital insurance products to their

Nigerian B2B payments platform Verto, has raised $10m in a Series A funding round as it aims to expand its service delivery region. The funding round led Quona Capital, alongside The Treasury, Middle East Venture Partners (MEVP), TMT Investments, Unicorn Growth Capital, Zrosk Investments, and P1 Ventures. Verto was launched

Nigerian Edtech startup Edves has announced it raised $575k in a seed funding round to help it improve its product and bring more schools online. The round was led by Beta.Ventures. Launch Africa Ventures, Chinook Capital and Future Africa also participated in the round. Edves which was launched in

South African P2P solar leasing startup Sun Exchange, has raised a further $2.5 million in funding in form of a convertible note to help it scale more quickly. The funding was secured from ARPF, a Mauritian private equity fund advised by London-based ARCH Emerging Markets Partners, which was the

Tunisian data management and analysis startup Biware, has announced it secured $1.2m in its first round of funding from CDC Gestion and Zitouna Capital. Biware was launched in 2011 with about thirty engineers. The startup is focused on supporting companies in creating value from their information reservoirs for increasing

Senegalese logistics startup Yobante Express, has announced it raised $1.2m in a seed funding round to help it spread across South Africa and Nigeria, as it looks to build on its impressive growth. The funding round was led by Grenfell Holdings, Libertad (through its investment branch, Aguila Investments), R-Ventures,

Egyptian leading automotive marketplace, Contactcars.com has announced the acquisition of Sa3ar Technology Solutions, car valuation technology and a dealer-specific auction platform Sa3ar was founded by Adham Hosny and Hussein Hosny. The platform digitises auto-auctions deals by providing car valuation technology and a dealer-specific auction platform. Contactcars.com is a

Moroccan logistics startup, Cloud Fret, has announced it secured $390k from Azur Innovation Fund. Cloud Fret was founded in 2020 by Driss Jabar, the startup is dedicated to connecting loaders and transporters by linking loaders and carriers. Cloud Fret leverages its artificial intelligence to detect empty cargo vehicles and orient