Kenya-focused venture capital fund, FrontEnd Ventures has closed its first $ 1 million venture capital fund to make funding available for early-stage startup founders in Kenya.
Launched in 2021 by Steven
When Paul Graham launched Y-Combinator in 2005, the firm differentiated itself from other startup accelerator firms due to the value-added service they have been able to provide their clients. Y-Combinator’
FMO, the Dutch entrepreneurial development bank, and Algebra Ventures, Egypt’s venture capital firm, have signed a $10 million commitment for the fund manager’s second fund in the presence
Averroes Ventures, an Egyptian early-stage VC firm backed by the Mohamed El-Sewedy, has acquired sportswear startup, Magma for an undisclosed sum.
Averroes Ventures’ acquisition of Magma, one of Egypt’s
Cathay Innovation, a global venture capital firm, and AfricInvest, a top multi-asset investment platform in Africa, have achieved the final closure of their combined Pan-African Venture Fund, Cathay AfricInvest Innovation
Anava Fund of Funds, managed by Tunisia-based Smart Capital, has committed $5.2 million to the Badia Impact Squared Fund (BIF2), a venture capital fund managed by Silicon Badia, a
Aza Petrosolutions, a Moroccan startup (formerly known as Aza Petroleum) has secured $296,000 funding from Maroc Numeric Fund II. The startup will utilize the funds to scale its offerings
The Savant BUILD program, a structured incubation program that gives selected firms access to various forms of support, has announced that South African hardware innovators can submit applications.
Savant will
Egypt with a population of about 102 million people, has maintained its dominance in almost all spheres of human endeavor, ranging from population, economy, and infrastructure development to sport. And
The amount of funding committed to a particular sector directly affect the development, quality, and services generated from the sector.
Funding maximizes the benefits available for a sector or unit
Kukua, a Nairobi- and London-based educational entertainment company and the creators of “Super Sema,” the first African animated superhero franchise, has secured $6 million in Tencent and Alchimia co-led series
TLcom Capital, an Africa-focused venture capital firm, has announced the appointment of Eloho Omame, the Co-Founder & General Partner at FirstCheck Africa as a partner to facilitate its deployment of
