Casablanca-based MedTech startup focusing on digital pathology DataPathology has announced it raised $223k from Witamax, an investment firm founded by Southbridge A&I and the Axxam Family Office. DataPathology was co-founded in 2020 by Hicham El-Attar and Mohammed El Khannoussi to transform the pathological diagnosis system and improve services

Nigerian-led LegalTech startup, Definely has announced it raised a $3m funding round. The funding round was led by Microsoft’s venture fund, M12, and supported by CRE Venture Capital. This round brings the startup’s total funding to £3.4m following a seed round in September 2020. Definely was founded

The Ethiopian firm behind the EPhone super dialer software Viable Solutions has announced it raised $200K in pre-seed capital, valuing it at $1.9 million. The round was led by Ahmed Al Alola, a Middle Eastern angel investor. Amadou Daffe, Co-Founder and CEO of Gebeya, a Pan-African talent marketplace, is

Ambo Ventures, a pan-African Venture Capital firm that is focused on the content’s green economy has announced it raised $50m fund to invest in seed stage, Series A and select Series B rounds of African green economy startups. Ambo Ventures was founded in 2021 by the duo of Jude

Kenya’s Hello Tractor and Nigeria’s ColdHubs have been named winners of the inaugural AYuTe Africa Challenge. Their success in the challenge means they will receive a combined $1.5m in grant funding to help fund rapid expansion plans. The AYuTe Africa Challenge was initiated by AGRF and Heifer

Ride-hailing platform, Didi, has began operations in South African and Egypt. The mobility startup began operations in South Africa on August 23 and launched in Egypt on 29 August. In South Africa, Didi operates in three Gauteng cities: Johannesburg, Ekurhuleni, and Pretoria. Didi’s African expansion follows a crackdown in

Nigerian Fintech startup Prospa has announced it raised $3.8m in a pre-seed funding round.Liquid 2 Ventures and Global Founders Capital led the round. Other participants were both global fintech founders like Ramp’s Karim Atiyeh, Mercury’s Immad Akhund, and executives from Facebook, Teachable, Nubank, and Square. Prospa

P&O Maritime Logistics and IO Materials Services (IOMS) have announced the launch of local offshore delivery startup ‘FlexDELIVERY’ in Nigeria. FlexDELIVERY has been launched to provide integrated last-mile delivery services to the offshore energy industry in Nigeria. According to the founders, FlexDELIVERY will reduce the traditionally high cost

Ugandan e-logistics startup Ridelink has announced it raised $150k in pre-seed funding round to help it scale operations. The round was led by Omidyar Network, the African Leadership Academy’s Young Entrepreneurs Fund, and Ortus Africa Capital. Ridelink was launched in 2017. The platform helps in the smooth running of

The Private Sector Federation has partnered with the African Solidarity Fund to enable Rwandan startups to access loans through ASF-supported credit facilities for investment projects. The African Solidarity Fund is a multilateral and financial guarantee agency that was founded during the 1976 France-Africa summit in Bangui, Central Africa. The organization

Egyptian beauty service booking platform Glamera has announced the launch of its B2B platform to helps customers with beauty salon management. Glamera was launched in 2019 to ease access to beautification services. Through the platform, users can book appointments with hundreds of contracted providers covering all beauty sections, including salons,

Nigerian Agritech startup Agricorp, has announced it raised $17.5m in a Series A funding round to help it increase its production capacity to 7,000 metric tonnes. The round was led by Nigeria-based Vami with $11.5m in equity, while One Capital LLC and AFEX also supported the round.

Social Investment Managers and Advisors’ (SIMA) Energy Access Relief Fund (EARF), that recently raised $68m in capital has revealed it will provide finance to almost 90 energy-related businesses in Sub-Saharan Africa and Asia in the form of short-term loans. The EARF was launched this year by a coalition of development

Digital e-commerce solutions propagator Lacaisse. ma has announced it raised an undisclosed amount from WitaMax to scale its services. Lacaisse. ma was founded in 2016 by Southbridge A&I and the Axxam Family Office and has since operated as a key player in the digitization of local shops through

Nigerian e-Commerce startup, Bumpa has announced it raised $200k in a pre-seed funding round. Greencap Equity, HOAQ Club, Whogohost Venture Arm, Rizq Investment Group, Microtraction, DFS Labs, Aidi Ventures, Prosper Otemuyiwa, OO Nwoye, Perfect Makanju, and other angel investors all participated in the round. Bumpa was launched this year by

Kenyan Insurtech startup MotiSure has announced the launch of its API-powered platform to provide personal accident cover for commuters and riders through embedding insurance in tickets and other points of sale within mobility. MotiSure was co-founded in 2021 by the trio of Joel Macharia, Jane Njau, and Thuita Wachira. The

Zambian Healthtech startup Dawa Health, has announced it is planning expansion across Africa as it aims to empower more rural mothers in Africa through its digital health platform. Dawa Health was founded in 2018 and operated as a medical hardware startup, providing wearable devices to monitor geriatrics medical parameters to

Nigerian B2B e-Commerce startup Sabi, serving Africa’s informal sector, has announced it secured an undisclosed amount in a seed funding round. The startup also announced it has received over 150,000 small business users on its platform. CRE Ventures, Janngo Capital, Atlantica Ventures, and Waarde Capital all participated in

Senegalese mobility startup Kai Senegal has announced it raised an undisclosed amount in a seed funding round. The round was led by Mobility 54, the corporate venture capital arm of Toyota Tsusho Corporation, to help it scale. Kai Senegal was founded in 2018, with the aim of connecting customers to

Moroccan B2B e-commerce startup Chari.ma, has announced it closed a round of funding and the acquisition of mobile credit book application Karny.ma. The funding was secured from Plug and Play to scale its services, having also secured capital from the Orange Ventures seed challenge in 2020 Charo.ma

Rwanda-based health-tech startup using an innovative data-driven procurement platform to offer high-quality medical supplies and equipment throughout Central and East Africa, Viebeg Technologies, has announced it raised an undisclosed amount in a pre-seed funding round. The pre-seed funding round was led by Beyond Capital Ventures. Eckenstein Geigy Stiftung and Eva

African Fintech startup, PawaPay, has announced it secured $9m in a seed funding round. The round was co-led by MSA and UK-based investment fund 88mph, with participation from Vunani Capital, Kepple Ventures, and Nigerian-Ghanaian music star, Tosin Ajibade, otherwise known as Mr. Eazi’S Zagadat Capital. Pawapay was founded in

UK’s developer and investor in African electrical networks, Gridworks, and Fresh GX, a South African investment business, have announced an investment of $40 million in South Africa’s energy startup Sustainable Power Solutions (SPS). SPS was founded in 2010 by Axel Scholle, the startup partners with commercial and industrial