Mr. Green Africa, a Kenyan plastics recycling pioneer company, is a circular recycling business that uses a technology-driven plastics collection model.
The model enables waste collection at the source, integrating
Ugandan fintech startup ChapChap has secured funding to accelerate growth and social impact creation. The funding round was led by Nordic Impact Funds and conducted through the Investure-Impact Exchange.
ChapChap
Kenyan insurtech startup Lami Technologies has announced its acquisition of Bluewave Insurance Agency. This Kenyan-based insurtech startup leverages mobile technology to reach the underserved population for an undisclosed amount. It
Frontier fintech platform Opay, recognized as a mobile payment and collection service platform for Egypt and Africa, has won the ‘Best New Point-Of-Sale Payment Service Provider’ award from ‘The Global
Casava, a Nigerian digital insurance company has today raised $4 million pre-seed round. This funding is the largest pre-seed for an African insurtech company and the second largest for a
AFEX, a Nigerian leading commodities market player and the first private sector commodities exchange, announced on Monday the reopening of its $240m Asset-Backed Commercial Paper (ABCP) which will help in
The mobility fintech company Moove has secured a $10 million financing deal from NBK Capital Partners Mezzanine Fund II. This makes the sixth investment from the Fund advised by NBK
Brimore, a Cairo-based social commerce platform connecting suppliers to community sellers, has closed a Series A round led by the World Bank’s International Finance Corporation (IFC) and early-stage investment
Tanzanian fintech, NALA, has raised $10 million in a fundraising round. NALA is a cross-border payment company that recently pivoted its services from local to international money transfers.
Investors in
U.S giant computer technology corporation, Oracle, has opened a data center in Johannesburg, South Africa. This center is the company’s first infrastructural project in Africa, aimed at providing
InstaDeep, an enterprise AI startup that specializes in creating decision-making systems for solving real-world problems has raised $100 million in Series B financing led by Alpha Intelligence Capital and CDIB.
Carry1st, a South African mobile gaming publisher has announced a $20 million Series A extension round led by Silicon Valley-based VC firm, Andreessen Horowitz. This investment marks a16z’s first
