The Uncovered Fund which was launched in June 2020 is a Venture Capital Fund targeting early and seed-stage startups in Africa. The fund is expected to close at the end
Afrrican countries are beginning to realize the place of ICT in promoting economic growth and have begun to latch on to the trend. On February 4th 2021, the Nigerian Minister
The African continent continues to break new grounds in tech and innovation. One of the leading factors that underpin this development is the presence of Tech Hubs. From the creation
Do you know that in Africa it is easier for large (rich, MNCs, or high capital) firms to access financial funds than it is for smaller and infant firms? In
Plus VC, new venture capital with $60 million in funds, has launched to focus on early-stage technology startup within the Middle East and North African region.
As stated on its
South African tech startup, Qnum Analytics, has been selected as a member of the US-based accelerator, The Batchery.
The Batchery is a Californian global incubator for seed-stage startups.
Qnum Analytics
Egypt-based online fashion rental platform La Reina has raised an undisclosed six-figure seed round from 500 Startups, Algebra Ventures, with participation from a group of angel investors.
La Reina is
Argineering, an Egyptian design tech startup, has rolled out a new kit dubbed RGKit Play to allow designers, videographers, and creatives to add movement in style to their projects.
The
Egyptian startup, Elves has secured $2 million from Egypt based Venture Capital (VC) firm, Sawari Ventures, and its existing investors.
However, a portion of the investment was secured in February
South African health-tech startup, Syked has received an undisclosed seed investment round from HaloCare, a managed care organization.
The fresh funds will enable the startup to scale operations across the
Egypt-based laundry services startup, Makwa has secured a six-figure investment from an angel investor.
However, the name of the investor and the exact size of the investment was not disclosed.
Enlabeler, an AI and data annotation startup, has raised an undisclosed investment from new VC fund, Entrepreneurs for Entrepreneurs (E4E) Africa.
E4E decided to invest in Enlabeler due to its