With the confirmation of seven additional Nigerian start-ups – totaling eight for Africa, the number of African participants in the W22 batch of the Y Combinator Program now stands at 24,
Shorooq Partners, a MENAP-based early-stage venture capital firm, has announced the second edition of its seed-stage-focused fund, Bedaya Fund II, with a target fund size of $150 million to invest
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
ThriveAgric, an agriculture investment platform, has announced a $56.4M debt financing from local commercial banks and institutional investors to accelerate its pan-African expansion plans.
The company said the raise
Tech giant Microsoft has launched its much anticipated African Development Centre (ADC) in Lagos, Nigeria. The center, a $100 million investment by the multi-billion dollar firm, is expected to produce
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
FlapKap, an Egyptian start-up focusing on e-commerce and SaaS development in the Middle East and North Africa region, has announced its launch following a $1.2 million fundraising round led
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
Technology has been a satisfying global phenomenon. It has and is making business finance management easy. This management is easy and needs no mobility because it could be done at
Apollo Agriculture, a Kenyan agri-tech start-up that connects farmers to high-quality farm inputs, financing, and markets, has raised $40 million in a Series B funding round led by Softbank Vision
Egypt-based leading app for credit products, offers and cashback rewards, Lucky, has announced it raised $25 million in a Series A round. The funding round, which is Egypt’s largest
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
