Nigeria-based B2B startup -a spinoff from Rensource (an African energy firm that provides consumers with power-as-a-service), Sabi, has announced it closed a $6m bridge deal led by CRE Ventures, a
Endeavor South Africa, a community of high-impact entrepreneurs, has announced it raised $8m in its Harvest Fund II for South African startups.
A statement released by the organization has said
South African Fintech startup Crossfin has been acquired by Ethos’ Mid-Market Fund I (EMMF I) and Patrice Motsepe’s African Rainbow Capital (ARC) in a deal worth $94.3m.
The
Nigeria-based cryptocurrency exchange, Busha has raised $4.2 million in investment led by Jump Capital. Cadenza Ventures, Blockwall Capital, CMT Digital, Greenhouse Capital, Raba Capital, and other investors also participated
South African e-Commerce startup integrating hyper-personalization into mobile marketing, Mobiz, has secured $4m from HAVAÍC, Futuregrowth, Launch Africa, Allan Gray E-Squared Ventures, CapaciTech, and Endeavor’s Harvest Fund.
The funding
The Federal Development Ministry (BMZ) has invited Kenyan startups to apply for grants of up to $113k from the second cohort of the develoPPP Ventures program.
Recall that the develoPPP
GCC-based venture capital firm VentureSouq (VSQ) announced the launch of its MENA FinTech Fund I, the region’s first sector-specific fund for startups across the Middle East & North Africa,
Egyptian Fintech startup, Hollydesk, has announced it raised $325k in pre-seed funding round to further expand its services and solutions in new markets in the region. The round was led
Nigerian startup Mecho Autotech has secured an undisclosed amount of funding from VC firm Ingressive Capital, Ventures Platform, Tekedia Capital Investment, and Mono’s CEO Abdul Hassan.
The startup intends
Treepz, a Nigerian shared mobility startup has announced the close of its seed round at $2.8 million after about 3 months. The startup also announced its expansion to Uganda
VoxCroft Analytics, a South African open-source intelligence startup, has secured a $2 million investment from Knife Capital.
This investment will help accelerate its already rapid expansion in the United States
South African fintech startup, Paycode, has secured an undisclosed investment from one of Nigeria’s leading financial services providers, Investment One Financial Services Limited (Investment One). This deal was made