Mauritian P2P Fintech lending platform, Fundkiss Technologies Limited has announced it has partnered with CIM Financial Services Ltd (Cim Finance), a major Mauritian consumer and SME finance provider, by selling a minority position to the firm. This announcement is coming 2 years after Fundkiss became the first Fintech to operate

Kenyan community-led marketplace building the digital infrastructure for an emerging market startup, Pariti, has raised $2.85m in seed funding led by United States’ Harlem Capital. Better Ventures, Accelerated Ventures, Diverse Angels, AVG Basecamp, and New General Market Partners also participated in the round. Pariti was founded by Yacob Berhane

Togolese mobility startup operating in Francophone Africa, Gozem, has announced it raised $5m in a Series A funding round. Togo and Singapore-based AIC, Thunes (TransferTo), Momentum Ventures (SMRT), Innoport Ventures (Schulte Group), CMC Ventures (National Express), and Liil Ventures (Mobility ADO) all participated in the round. Gozem was created by

Egyptian home services marketplace, FilKhedma, has announced it secured an undisclosed amount of funding from The Cairo Angels, a global network of angel investors dedicated to supporting startup possibilities in Egypt, the Middle East, and Africa. FilKhedma was founded by Omar Ramadan in 2014, the startup aims at connecting top

Kenya-based Agritech startup Shamba Pride has secured $1.1m to support its expansion in Kenya and roll-out of its digital solution to over 1,000 digitalised shops. The funding was led by Seedstars Africa Ventures and Gray Matters Capital. Shamba Pride which was created by Samuel Munguti offers an online

Cairo-based cloud-based inspection management software startup, beXel, has raised an undisclosed amount in an investment round led by JH Investments Ltd, with additional funding from Flat6Labs, UI Investments, and Saudi Angel Investors. beXel was founded in 2019 by Ayman Abou Regeila, Ahmed Hussein, and Mahmoud Latif. The SaaS digital cloud-based

Nigerian crypto startup, Payourse, has announced it raised $600k in a pre-seed funding round to help it scale its products, employ more people, and expand into other markets. Participants in the round include Micheal Ugwu, Flori Ventures, Olumide Soyombo’s Voltron Capital, Allegory Capital, CELO co-founders Marek Olszewski and Rene

Algeria-based logistics and last-mile delivery startup, Yassir, has raised $30m in a Series A round led by WndrCo, DN Capital, Kismet Capital, Spike Ventures, and Quiet Capital. Endeavor Catalyst, FJ Labs, VentureSouq, Nellore Capital, Moving Capital (the Uber alumni investment club). Notable angel investors include Cleo Sham, former director of

Nigerian fragmented logistics and delivery startup, ShapShap, has received an undisclosed investment sum from GreenTec Capital Partners, an Africa-focused venture capital firm. ShapShap was launched in 2019 by Khalil Halilu to provide an all-in-one platform designed to ease delivery for all stakeholders. The startup is currently involved in servicing logistics,

Egyptian Legaltech platform that helps entrepreneurs and company owners form organizations and register trademarks Hekouky, has announced it raised an undisclosed amount in a pre-seed fundraising round led by Nama Ventures. Hekouky was founded in 2020 by Hala Riad, Mayy Abdelbary, and Fatima Khalil with the aim of digitalizing users’

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 pan-African VC fund. Sabi spawned out of Rensource which has been led by Ademola Adesina and Anu Adasolum since its

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 that the fund which has already invested in six technological startups, with four more in the pipeline, will be fully

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 aims to propel the startup’s growth into the United States and increase its marketing, sales, and account management activities.

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 by angel investor Faisal Abdel Salam and other investors. Hollydesk is a Cairo-based Fintech startup launched in 2020 to manage