Nigerian Healttech startup, MDaaS Global has raised $2.3 million in a seed extension round led by Newtown Partners via the Imperial Venture Fund, with participation from CRI Foundation, FINCA
Ghanaian fintech startup, Zeepay has announced the completion of a $7.5 million Series A funding round led by an impact investment group, I&P.
Other investors who participated
Malagasy Edtech startup Sayna has announced it secured an undisclosed round of funding to help it expand access and launch new products. The funding was secured from I&P
Nigeria’s Wealth management startup, Cowrywise has secured an asset management license from the Securities and Exchange Commission (SEC).
The license gives the startup the right to manage funds and
Ghana-based freight startup, Jetstream has announced the close of a $3million seed funding round to make freighting and port logistics easier for Africans.
Investors who took part in the round
The internal Research and Development (R&D) team at Facebook has announced it is working on an educational mobile app called Sabee. A report from TechCrunch said that the
Jiji, one of Africa’s largest online marketplace has announced the acquisition of Cars45, an online marketplace for people to buy, sell or swap used cars, for an undisclosed amount.
Ride-hailing platform, Bolt, has launched a vehicle financing program in Nigeria that will enable drivers to own a car with low equity repayment.
This first-of-its-kind offering in Nigeria is part
Egypt-based creator economy platform Minly has announced it closed a $3.6m seed round to accelerate its growth process. The round which is described as oversubscribed was co-led by 4DX
Villgro Africa, a venture capitalist firm supporting early-stage social entrepreneurs in Africa, has disbursed funding to four health-focused startups amounting to a total of $170k.
Villgro Africa expanded to Africa
Giraffe, a South Africa-based mobile recruitment platform has been acquired by the Harambee Youth Employment Accelerator. With this acquisition, Giraffe’s existing user base of jobseekers and employers will be
South African Agritech startup Omniolytics has announced a partnership with IBM. The partnership will enable the startup to use IBM Watson running in the IBM Cloud to develop a suite
