Kenyan fintech startup, Paylend, announced Tuesday that it has secured $2 million seed investment from Next Chymia Consulting HK Limited, an Asian based company that provides blockchain applications, consultancy services
Kenyan fintech startup, IMFact, has announced it secured $3.9m from FSD Africa Investments (FSDAi), the investment arm of FSD Africa.
IMFact is a non-deposit taking financial institution founded in
Planet42, a South Africa-based car subscription company that buys used cars from dealerships and rents to customers via a subscription model, has raised $30 million in equity and debt.
The
SweepSouth, an online home services platform backed by Naspers, has announced the acquisition of Filkhedma, an Egyptian home services startup.
Launched in 2014, SweepSouth is an online platform providing on-demand
Koniku Inc., a Nigerian-founded, California-based biotech company, has announced the close of its Series A financing round led by Platform Capital Investment Partners, a Nigeria-based private equity firm.
Founded in
Nigerian transportation tech business, Metro Africa Xpress Inc. (MAX), has raised $31m in a Series B fundraising round. The latest round of funding was headed by Lightrock, a global private
Cairo-based AI-based customer experience platform AIM Technologies has raised an undisclosed amount in a Seed round, led by Sequence Ventures, a newly-launched Egyptian VC.
Sequence Ventures plans to raise $31.
Smart Africa Alliance, an alliance of 32 African countries, international organizations, and global corporations with a vision to create a single digital market in Africa by 2030 has announced it
Cameroonian mobility startup in motorcycle transport and product delivery, Bee Group, has secured funding of $90k to expand its program to improve mobility in Africa. Cameroon Angel Network (CAN) and
Ventures Platform announced a $40m fund for African tech startups. The new fund which has reached the first close is being led by the Nigeria Sovereign Investment Authority (NSIA).
The
Ugandan super app and mobility provider, SafeBoda, has become the first startup to receive investment from Google’s Africa Investment Fund. The undisclosed funding came from the $50m Africa Investment
Nigerian solar mini-grid provider, NXT Grid, has announced it has secured $1.4m from investors All On and Katapult Climate to expand its operations.
This latest investment follows All On’
