A silent revolution is underway in South Africa’s insurance industry, and it’s being led by Gen Z and Millennials. These digitally native generations are…
Nigerian startup Edves secures $120k funding from Chinook Capital, CcHub fund
Lagos-based edtech startup Edves has announced that it has secured a $120 000 seed round from two Nigerian investors: Chinook Capital and Co-creation Hub’s…
AfricArena predicts funding raised by African startups in 2018 will crack $1bn
The amount of venture capital (VC) funding raised by African startups this year could for the first time exceed the $1-billion mark. So, predict the…
MFS Africa secures follow-on funding, bringing Series-B round to $14m
Johannesburg-based fintech company MFS Africa has closed a Series-B funding round led by China-based VC firm LUN Partners Group. The raise is an extension round to a $4.5-million round the…
Nigeria’s Microtraction announces investment into Lagos-based fintech Riby
Nigerian investment platform Microtraction has announced its seventh deal, with an undisclosed investment in Lagos-based fintech Riby. Microtraction’s principal investment officer Dayo Koleowo made the…