Kenyan influencer marketplace, Wowzi, has announced that it has raised a total of $3.2m in a seed funding round. The startup raised a $2m seed round led by 4DX
Nigerian Edtech platform, Edukoya, an Africa-focused online learning platform, has raised $3.5m in a pre-seed round led by Target Global.
The investment round also saw participation from angel investors
Kenyan health-tech startup, Zuri Health, has announced its expansion into Senegal via a partnership with Expresso Senegal- a subsidiary of the Expresso Telecom Company, providing 4G internet, voice, and SMS
The United States-based technology-focused private equity firm, Accel-KKR, has made an undisclosed investment in Entersekt, a major player in the device entity and authentication space situated in Stellenbosch, South Africa.
Starting from 1st January 2022, Facebook has announced that Nigerians will pay 7.5 percent value-added tax (VAT) for all ad placements. The charge will apply to adverts running on
Nigerian edtech startup, uLesson, has announced that it has closed a $15M Series-B investment from Nielsen Ventures and Tencent, as well as existing investors, Owl Ventures, TLcom Capital, and Founder
Kenyan Fintech startup, Kwara, which is helping to turn traditional savings cooperatives into modern digital banks, has raised $4m in a seed round.
Investors who took part in the funding
Nigeria-based unified communications startup, SendChamp, has raised $100,000 to bridge the communications gap for African businesses. The close of this round signifies the public launch of the startup’s
South African fast-growing digital banking group, TymeBank, has successfully secured investments from Tencent and CDC to complete its $180 million Series B capital raise. The investment from Tencent and CDC
CinetPay, an Ivorian fintech company that enables merchants in Francophone Africa to seamlessly accept and make payments, has announced a $2.4 million seed fundraising round from 4DX Ventures and
Egypt-based cleantech startup Plstka has announced it raised an undisclosed Seed funding round from Alexandria Angels Network, in addition to a matching fund from Hivos to help it scale.
Plstka
Africa No Filter, a narrative change organization, and Meta (previously Facebook) have announced a partnership to launch the “Future Africa: Telling Stories, Building Worlds” program, aimed at boosting the use
