JUMO, a South African and UK-based technology company, building next-generation financial services for emerging market entrepreneurs, has announced on Monday that it secured $120 million from new and existing investors.
Nigerian Blockchain-based Wi-Fi sharing startup Wicrypt has announced closing a strategic $1.5m funding. The round, led by AU21 Capital, is expected to help the Enugu-based enterprise expand into new
Nigerian bicycle community delivery startup Errand360, has raised an undisclosed amount of pre-seed funding to expand across Africa. The round was led by Prof Ndubuisi Ekekwe of Tekedia Capital.
Errand360
Egypt-based grocery delivery startup, Breadfast has closed a $26 million Series A funding round co-led by Vostok New Ventures and Endure Capital.
Other investors who participated in the round include
Estonian Edtech startup, Mentornaut, has announced it secured a $230k investment round led by the Estonian Business Angels Network EstBAN. The startup also announced it will be launching its service
Cairo-based B2B e-commerce startup Capiter has announced the opening of its new office in Dubai, UAE.
Capiter was launched in July 2020 by serial entrepreneurs Mahmoud Nouh (co-founder of mobility
Nigerian Fintech startup E-Settlement has acquired the Ivory Coast-based QuickCash to help its West African expansion.
E-Settlement was established in 2017 by Olaoluwa Awojoodu to provide financial services to different
Semicolon Africa, a Lagos-based EdTech startup, has closed a $1.2M Seed round of funding to increase its training, talent management, and project delivery capacity.
The oversubscribed seed round saw
Cairo-based leading venture capital firm supporting entrepreneurs in the Mena region, A15, has announced it is the first investor in one of Egypt’s latest startups to successfully launch, Sympl
The Rwanda Innovation Fund has announced that Rwandan startups can apply for its accelerator aimed at supporting disruptive and innovative startups providing sustainability solutions in the region.
The program is
Egypt-based Grocery Delivery Startup Appetito has raised $2m in pre-Series A round, led by Jedar Capital. Golden Palm investments, DFS Lab, and a cluster of regional angel investors and family
Small businesses play a big role in creating jobs and building the economies of most emerging economies. In Nigeria, small businesses account for 96 per cent of companies, 84 per
