Egyptian health-tech startup, Otida, has secured $340,000 in a pre-seed funding round to expand digital treatment for diabetes across the country and the MENA region.
The funding round was
Rwandan startup for lawyers, Hence Technologies has raised $1.8 million in seed funding to continue growing and expanding operations in Rwanda. This brings the total amount of funding raised
Ghanaian Healthtech startup, Yemaachi Biotech, has raised $3 million in a seed funding round to advance cancer research globally. The funding round was led by V8 Capital and had, LifeLine
In the past two years following the pandemic, Venture Capital funding available for startups has seen an increase. According to reports, startups in Africa collectively raised over $4.3 billion
Three of Egypt’s biggest state-owned banks are jointly setting up an $85 million financial technology fund called Nclude which aims at accelerating innovation in the fintech sector. The fund
Senegalese startup logistics startup, Chargel, has secured $750,000 in pre-seed funding round to help grow the trucking industry as a brand that is efficient, reliable, and transparent in Senegal
Morocco’s digital ticketing platform, Guichet.com, has secured 3 million MAD (about $306,348) to accelerate growth, begin new investments, and expand into other African markets.
The equity investment
Kenya-based B2B company, Sokowatch has raised $125 million in Series B round in full equity and rebranded to Wasoko. This funding is the largest funding round raised in Africa for
Capital venture firm UM6P Ventures has announced plans to invest in Atarec, a Moroccan renewable energy solutions startup.
Atarec, an acronym for Advanced Third Age Renewable Energies Company provides third-generation
Sudan-based innovation hub 249Startups Hub has announced the launch of an equity fund “Rhino Investments” to help fund 14 seed-stage startups and SMEs in the country. The hub would allocate
Ghanaian e-commerce platform Tendo has launched in Nigeria after securing investments from leading accelerators such as Catalyst Fund, Google, and Y Combinator.
The startup, allows anyone to start an online
Egyptian logistics startup Naqla has raised $10.5 million in a pre-series A funding round to expand into other sectors. The round was led by prime investors El Sewedy Capital
