Venture capital

African fintech platform Finclusion Group secures $20 million in funding

African fintech platform Finclusion Group has secured $20 million in a funding round with debt financing provider, Lendable. Announced on 14 September, the company…

Cape Town healthtech Aviro secures funding

Cape Town-based healthtech Aviro Health has secured an undisclosed amount of funding in a pre-series A funding round led by ASISA ESD Fund (managed by Edge…

To create jobs, SA needs a tech-enablement bridge (we need Domino’s, not Google) [Opinion]

No matter your politics, everyone in South Africa can agree that we need more jobs and that we need to create more jobs now….

Kenyan fintech secures seven-figure in seed funding

Nairobi-based fintech Pezesha has raised a seven-figure seed extension from GreenHouse Capital, a leading African fintech investment fund. Pezesha has secured an undisclosed seven-figure…

Nigerian tech startup Kuda secures $55-million in Series B funding

Kuda, a digital bank that operates in Nigeria has secured $55-million in a Series B funding led by an undisclosed investor. In a social…

E-logistics platform secures $150 000 in seed funding

Uganda-based e-logistics tech startup Ridelink has secured $150 000 in a pre-seed funding round led by Ortus Africa Capital, Omidyar Network and African Leadership…

African fintech pawaPay secures $9-million

African fintech pawaPay has secured $9-million in a seed funding round co-led by MSA and UK-based investment fund 88mph, with participation from Vunani Capital, Kepple Ventures and Zagadat Capital. pawapay has secured…

Hlayisani Growth Fund secures R350-million

Hlayisani Capital, a pre-eminent African private equity investment, has secured R350-million in funding led by Standard Bank and prominent South African family offices. Hlayisani…

Nigeria’s first plant-based food tech startup secures funding

Lagos-based vegan food tech startup VeggieVictory has secured an undisclosed amount in a pre-seed round led by Sustainable Food Ventures, Capital V, Kale United,…

SA medtech startup receives $8.3-million investment

hearX, an early-stage South African-based global medtech disruptor, has secured an investment of $8.3-million led by Bose Ventures, a US-based venture capital group and with…

New Economy Accelerator receives Canadian $500k

The African Centre for a Green Economy, the coordinator for the New Economy Accelerator, has received $500 000 Canadian dollars from the Canadian International…

Kenyan logistics startup secures funding

Kenyan logistics startup Amitruck has raised an undisclosed investment led by Dynamo Ventures with participation from Plug and Play Ventures along with several angel investors….

South African fintech startup secures R10-million

Johannesburg-based fintech startup Mortgage Market has secured R10-million in a Series A funding round led by IDF Capital, a leading venture capital firm. Mortgage…

Stars From All Nations secures $250 000 funding

Stars From All Nations (SFAN), an education company that unlocks the potential of the youth, has raised $250k pre-seed funding from King Solomon’s Capital,…

Egypt healthtech startup secures $160k non-equity grant

Egypt-based healthtech startup, Dileny Technologies LLC (DilenyTech) has secured a $160K non-equity grant from the Information Technology Academia Collaboration (ITAC) programme affiliated with the…

Knife Capital’s African Series B Expansion Fund receives $10-million

A South African venture capital company, Knife Capital has secured $10million towards its Series B Expansion Fund from Mineworkers Investment Company. Knife Capital secures…

Egypt proptech startup secures $1.1-million

Cairo-based proptech startup Sakneen has raised $1.1-million in a seed funding round led by Algebra Ventures and with a notable contribution from Sawraw Capital,…

Ghana agritech startup secures $790k in funding

Ghana-based agritech startup AgroCenta has raised $790k in pre-series A working capital and development funding from UK charity Shell Foundation, the UK’s Foreign, Commonwealth,…

Innovative SA medtech startup receives funding

hearX, an early-stage South African-based global medtech disruptor, has secured an investment from Futuregrowth. hearX secures undisclosed investment amount from Futuregrowth Amrish Narrandes, Head…

Kenyan fintech secures funding

Kenyan fintech startup Popote has secured an undisclosed amount of funding from GreenHouse Capital, a Lagos-based fintech investment company. Popote receives undisclosed investment amount In a…

SA tech company secures R2.5-billion

Teraco Data Environments Proprietary Limited, heralded as Africa’s largest interconnection hub and vendor-neutral data centre provider, has announced that it has finalised a new…

Kenyan insurtech startup secures $6-million

Pula a Nairobi-based insurtech startup has secured $6-million in a Series A funding round led by TLcom Capital, with the participation of Women’s World Banking. Pula secures…

SA tech startup Aerobotics raises $17-million

SA aerial-data analytics startup Aerobotics has received a whopping $17-million in an oversubscribed Series B round led by tech giant, Naspers with participation from Platform Investment Partners, FMO: Entrepreneurial…

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