Shorooq Partners, a MENAP-based early-stage venture capital firm, has announced the second edition of its seed-stage-focused fund, Bedaya Fund II, with a target fund size of $150 million to invest
Ghanaian Healthtech startup, Yemaachi Biotech, has raised $3 million in a seed funding round to advance cancer research globally. The funding round was led by V8 Capital and had, LifeLine
In the past two years following the pandemic, Venture Capital funding available for startups has seen an increase. According to reports, startups in Africa collectively raised over $4.3 billion
Google has announced the selection of 15 tech startups from Nigeria and six other countries to participate in its Accelerator Africa program, with Cote D’Ivoire being welcomed to participate
Dream VC, an investor accelerator and community-driven educational platform has launched two fellowship programs – Launch into Venture Capital (LIVC) and Investor Accelerator – to train more than 50 future investors in
Four African startups have been selected to participate in the 10th fintech cohort of the Catalyst Fund, a global inclusive tech accelerator managed by BFA Capital.
The African startups in
In 2021, African startups raised over $4 billion in venture capital, with seven tech startups becoming unicorns, a meteoric rise from 2019 and 2020. This success for startups became a
The Future Africa fund, launched by co-founder and general investor, Iyinoluwa Aboyeji, invested $4.3 million in 43 companies in 2021 to take its total assets under management (AUM) to
For African startups, it has become clear that the amount of funding committed to a particular sector directly affect the development, quality, and services generated from the sector.
Funding maximizes
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
Eazipay Inc., a Nigerian startup that provides payroll and bookkeeping services to SMEs and corporates, has announced its participation in the Y Combinator Winter 2022 accelerator program.
Based in Lagos,
South African one-way video interview software startup, Wamly, has secured an undisclosed second round of investment from local venture capital firm Knife Capital to power its international expansion plans.
As
