Moroccan B2B e-commerce and retail startup, Chari, has announced it hit a $100m valuation after securing an undisclosed amount in a bridge round.
The bridge round welcomed new investors including
MPOWER Financing, a social benefit corporation that helps international students access loans and scholarships in the US and Canada, has announced its partnership with Flutterwave, a tech-enabled global payment company
Carry1st, a South African mobile gaming publisher has announced a $20 million Series A extension round led by Silicon Valley-based VC firm, Andreessen Horowitz. This investment marks a16z’s first
Egyptian fintech giant, Fawry, has announced Thursday its plan to raise EGP 800 million (~$50.9 million) in growth capital through a rights issue to existing shareholders.
In a statement,
Senegal-based logistics and delivery company, PAPS, has announced the raise of a $4.5 million pre-Series A round to expand its services to other Francophone regions.
The funding round was
Frain technologies, a Nigerian developer-tooling startup dedicated to building webhooks infrastructure has recently completed a $473k pre-seed round to build Webhooks infrastructure.
The pre-seed round, led by Rally Cap Ventures,
Zanifu, a Kenyan fintech startup is set to upgrade its platform and expand the number of micro, small and medium enterprises (MSMEs) it offers stock-financing to after raising $1 million
Two Nigerian startups Moni and Topship, have now been confirmed as participants of the YCombinator Accelerator Program, Winter 2022 Batch. The program would run from January through March.
Participants receive
Poa Internet Service, a Kenyan startup that provides unlimited WiFi internet service to dwellers of low-income areas in Nairobi, the Kenyan capital, has closed a $28 million Series C funding.
Cairo-based e-Commerce startup builder ExpandCart has announced it raised $2.7m in a pre-Series B bridge funding round, led by Hong Kong-based Betatron Venture Group with participation from existing investors:
Finclusion Group, a fintech that uses AI algorithms to provide financial services to African customers via an array of credit-centric products, has raised $20 million in debt and equity pre-Series
Orda, formerly known as StarKitchens, a Nigerian cloud-based point of sales for small, medium, and large-sized restaurants have today announced that it has closed a $1.1 million pre-seed round