Venture capital

South African HR software startup, Wamly, secures second round investment

Wamly, the video interview software startup founded by Francois de Wet in 2018, has secured a 2nd round investment from South African venture capital…

Partech launches accelerator to help European startups expand to Africa

Paris-based tech investment firm Partech has launched Chapter54, an accelerator programme to support European startups wanting to expand into Africa, via its innovation division,…

Sengalese logistics company, PAPS, raises $4.5M in Series A funding

Many global companies like Amazon, Alibaba and JD have built massive companies by leveraging strong logistics infrastructure. The biggest problem for many companies, especially…

Kenyan fintech secures $1M in seed funding, eyes expansion

Zanifu, the Kenyan fintech that enables access to working capital for Micro, Small & Medium Enterprises (MSMEs) by providing short-term stock financing, has secured…

Carry1st funding round brings a16z investment to Africa

Africa’s leading mobile games publisher Carry1st announced a $20 million Series A extension that drew participation from Andreesen Horowitz (a16z), Avenir and Google. Grammy…

Ivory Coast based e-commerce startup ANKA, formerly Afrikrea, raises US$6.2M in pre-Series A

Ivory Coast based e-commerce platform Afrikrea has rebranded to ANKA while successfully completing a US$6.2M pre-Series A round led by Investisseurs & Partenaires. The…

[Opinion] Five values investors are looking for in 2022

Africa saw a lot of investment activity at the close of 2021, but all the millions in funding seemed to coalesce around five trends…

Cape Town edtech iXperience secures $2.5-million

Cape Town-based edtech company iXperience has secured $2.5-million in a Series A funding round led by Kalon Venture Partners and Caleo Private Equity. iXperience…

Local foodtech startup secures funding

Cape Town-based food tech startup Kombo King has secured an undisclosed amount of funding from The Vumela Fund, established by FNB Business and Edge…

Joburg-based fibrePOYNT receives funding to provide internet to townships

South Africa’s Department of Science and Innovation’s entity The Technology Innovation Agency (TIA) has announced that it is funding the distribution of antenna-based high-speed…

Kenyan insurtech startup secures $1.8-million

Nairobi-based insurtech startup Lami Technologies has secured $1.8-million in a seed funding round led by Accion Venture Lab with participation from AAIC, Consonance, P1 Ventures,…

North African tech startup secures $20-million

Tunisia-French tech startup Expensya, an automated spend management solution for businesses has raised $20-million in its most recent fundraising campaign secured from MAIF Avenir,…

Kenyan edtech Kidato secures $1.4-million

Nairobi-based edtech startup Kidato has secured $1.4-million in a seed funding round from Learn Start Capital, Launch Africa Ventures Fund, Graph ventures, Century Oak…

SA legal tech startups receive funding

Two innovative legal tech startups, Legal Lens and BriefCo, held by Cycad Group have received an undisclosed amount of funding from Imvelo Ventures, a local venture…

Kenyan e-mobility startup Ecobodaa secures funding

Nairobi-based tech startup Ecobodaa has secured an undisclosed amount of funding from Persistent, Zurich-based venture capital and private equity firm that focuses on investing in…

Cape Town healthtech startup secures R5-million

Somerset West-based healthtech startup Link Health Technology (Link) has secured R5-million in investment funding from Cogitatio Technologies. Link Health Technology has secured R5-million in…

Egypt fintech secures $18.5-million in series funding round

Cairo-based fintech startup Paymob has secured $15-million in a Series A funding round led by Global Ventures, the UAE-based venture capital firm with participation…

Ugandan insurtech startup secures $1.2-million

Bamako-based insurtech startup OKO has raised $1.2-million in a seed investment round led by Newfund and ResiliAnce with participation from Mercy Corps Venture, Techstars,…

Nigerian fintech Okra secures $3.5-million investment

Lagos-based fintech startup Okra has secured $3.5-million in a seed funding round led by US-based Susa Ventures, with participation from existing investors TLcom Capital, and newly joined Accenture…

Local fintech Payflex secures funding

Johannesburg-based fintech startup Payflex has secured an undisclosed amount of funding from Australian-listed multinational Zip Co Limited (ASX: Z1P), a buy now pay later player with a…

Samurai Venture secures over $18-million for Africa fund

Japanese headquartered venture capital (VC) firm Samurai Incubate Africa has secured over $18-million ( Yen 2.026-billion) towards its second Africa fund from 54 corporate and…

Egypt eCommerce startup secures six-figure funding

Giza-based eCommerce tech startup Kemitt has secured an undisclosed six-figure amount in funding from a group of Saudi Angel investors. Kemitt has secured an…

South African cryptocurrency platform raises R58.5-million

Cape Town-based cryptocurrency investment platform Revix has raised R58.5 million in off-shore capital funding. Revix raises R58.5 million in off-shore capital funding The funding…

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enza Secures $6.75M Seed Funding to Revolutionize African Payments

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