Egypt-based social commerce startup Brimore has announced that it has finalized a $3.5m investment from e-payments solutions and banking services provider Fawry.
Brimore was founded in 2017. The startups
Netflix revealed on Monday that it is launching a free mobile plan for users in Kenya; a move the streaming giant believes will boost user growth and lead to the
Cairo-based e-commerce startup Shiphaly, which connects shoppers and travelers, has announced it raised undisclosed six-figure amounts from Saudi Arabian and Egyptian angel investors.
The round was led by Faisal Abdulsalam,
Cartona, an Egyptian B2B platform that connects retailers to manufacturers and wholesalers has announced the successful close of a $4.5 million Pre-Series A fundraise.
The round was led by
Ugandan solar startup gnuGrid has announced the increase of its seed funding round to $612,500 as it accelerates plans to offer Fintech services in the region.
gnuGrid was launched
Shell-backed impact investment firm All On has announced a $2m investment in fintech firm Infibranches Technologies Limited as it bid to bridge the energy distribution gap in Nigeria.
Infibranches Technologies
Less than a month after securing Egypt’s second banking agent license, Egyptian Fintech startup Dopay, has announced it raised $18m in a Series A round.
The round was led
Kenyan church-focused Fintech startup Jumuisha, has announced it raised an undisclosed amount in a seed funding round to help it scale.
The funding came from Austin based SprintX Venture Studio.
Egyptian Healthtech and IoT solutions startup Sotech, has announced it raised $1 million in a Pre-Seed funding.
The round was led by Innlife Investments, other prominent corporate investors including Al
54gene, a health technology company with operations in Nigeria and US, has secured $25 million in a Series B funding round by pan African venture capital firm Cathay AfricInvest Innovation
African Fintech platform Finclusion Group, has announced it raised $20m in an investment round led by Fintech debt financing provider, Lendable.
Finclusion was launched in 2019 by Timothy Nuy, Finclusion
South African global mobility startup FlexClub, has announced a partnership with the sole distributor of Bajaj Auto in South Africa to offer motorcycle subscriptions to individuals and businesses in South
