In 2021, African startups raised over $4 billion in venture capital, with seven tech startups becoming unicorns, a meteoric rise from 2019 and 2020. This success for startups became a
Abuja-based startup, CrowdForce, a Y Combinator-backed agency banking platform, has today raised a $3.6 million Pre-Series A funding round to triple its PayForce agent network this year and deepen
Disrupt
During the 1940s polyvinyl chloride became common, hence the name “vinyl”. Vinyl records were the bomb. The tech informed the process of video/audio recording and video/audio casting
Egyptian e-commerce startup, Wasla has raised $9 million from Contact Financial Holding, an Egyptian non-bank that offers consumer finance service.
The e-commerce startup is currently preparing to launch new online
Remedial Health has today announced it has secured $1 million in pre-seed funding to digitize pharmacies and standardize pharmaceuticals in a bid to stem the supply of fake and substandard
African API fintech startup, Stitch, has announced the close of a $21 million Series A funding round to enhance its product offering and expand across Africa.
This comes after the
Mdundo, a music streaming service focused on Africa, is looking to expand its agreements with telecom service providers across the continent to boost its earnings and subscriber base.
This expansion
South African Edtech startup, Excel@Uni, has announced it raised $314k from impact investor E Squared to address the challenges that higher education faces.
Excel@Uni was launched in 2018
Mr. Green Africa, a Kenyan plastics recycling pioneer company, is a circular recycling business that uses a technology-driven plastics collection model.
The model enables waste collection at the source, integrating
Nigerian vehicle repair and maintenance startup Mecho Autotech has raised $2.15M in a seed funding round to expand its capacities and acquire more customers.
Investors in the round included
Senegalese B2B Ecommerce platform for FMCG products, ProXalys, has raised $150k in pre-seed funding to expand across the country and, later, the West African region.
Haskè Ventures, a venture builder
About Carscan
If you have an insurance company and are looking for an area where it will receive as most patronage, Africa should do. Being one of the world’s