AFEX, a Nigerian leading commodities market player and the first private sector commodities exchange, announced on Monday the reopening of its $240m Asset-Backed Commercial Paper (ABCP) which will help in
Egyptian on-demand delivery startup building a network of dark stores and micro-warehouses across Egypt, Yalla Fel Sekka (YFS), has secured a $7 million Series A round.
DisruptAD led the Series
The mobility fintech company Moove has secured a $10 million financing deal from NBK Capital Partners Mezzanine Fund II. This makes the sixth investment from the Fund advised by NBK
Nigerian Edtech platform providing curriculum to improve/upskill non-technical people with technical and soft skills while partnering with higher institutions to provide diploma certificates, AltSchool, has announced it raised $1
For African startups, it has become clear that the amount of funding committed to a particular sector directly affect the development, quality, and services generated from the sector.
Funding maximizes
Brimore, a Cairo-based social commerce platform connecting suppliers to community sellers, has closed a Series A round led by the World Bank’s International Finance Corporation (IFC) and early-stage investment
Nigerian brokerage app that lets Africans buy and trade US stocks in real-time, Bamboo, has announced it raised $15 million Series A funding round to accelerate its growth, move into
Eazipay Inc., a Nigerian startup that provides payroll and bookkeeping services to SMEs and corporates, has announced its participation in the Y Combinator Winter 2022 accelerator program.
Based in Lagos,
Cairo-based mobile app developer, Splendapp, has announced it raised an undisclosed six-figure pre-Seed round from a cluster of Saudi angel investors.
Splendapp is a mobile app creator offered as a
Esusu, a New York-headquartered fintech startup that targets immigrant and minority groups and provides rent reporting and data solutions for credit building scores, announced on Thursday that it has raised
Tanzanian fintech, NALA, has raised $10 million in a fundraising round. NALA is a cross-border payment company that recently pivoted its services from local to international money transfers.
Investors in
Ghanaian startup providing digital recordkeeping tools with embedded finance products for small and medium scale businesses, OZÉ, has raised $3 million in pre-series A funding round.
The funding round was
