funding

Applications open for 2022 Africa’s Business Heroes prize competition

The “Africa’s Business Heroes” (ABH) prize competition, one of the Jack Ma Foundation’s philanthropic programs spotlighting and celebrating Africa’s entrepreneurial talent, has opened applications…

Google.org announces $1M grant to funding support women entrepreneurs

Google has announced that its philanthropic arm, Google.org, is committing R15.3 million in charitable funding to support programs helping women entrepreneurs to grow their…

Learn the new rules of business funding

The small business rollercoaster has been particularly rough over the past two years and the few that managed to stay afloat will agree that…

Egyptian ecommerce platform, Wasla, raises $9M in funding

Wasla, the Egyptian e-commerce mobile web browser and desktop extension, has raised $9 million in funding from Contact Financial Holding. With the tie-up, Contact…

Nigerian healthtech startup, Reliance Health, raises $40M in Series B

Reliance Health, an emerging markets-focused digital healthcare provider, has completed a $40M (R622 426 000,00) Series B funding round led by General Atlantic, a…

Kenyan fintech Ubawa secures $350K seed funding

Ubawa Technologies, 2021 African Start-up Awards Start-up of the Year winners for Kenya, has secured $350 000 in seed funding from Nigerian VC Platform…

AFEX opens second round of funding series to strengthen Nigeria’s agriculture sector

AFEX has announced the reopening of its $240m (₦100bn) Asset-Backed Commercial Paper (ABCP) to help stabilise Nigeria’s agriculture sector by offering Agro-processors low-cost financing to…

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…

Up to R1m up for grabs in the uYilo eMobility Programme Kick Start Fund

Established in 2013 as an initiative of the Technology Innovation Agency (Act 26 of 2008), the uYilo eMobility Programme is a multi-stakeholder programme that…

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…

Bfree raises $1.7m to expand operations

Nigerian ethical credit management FinTech start-up Bfree closed a successful pre-Series A funding round that will power its further expansion into Asia, Europe and…

Fresha raises over $52 million in Series C round

Fresha, a leading platform for beauty and wellness, has announced over $52 million in additional investment extending the company’s recent $100 million Series C…

African entrepreneurs can now apply for $5000 seed capital

African entrepreneurs with business ideas or existing businesses under 5 years, are encouraged to apply now for $5000 seed capital, mentorship, business management training…

Cape Town tech startup secures R7-million in funding

Cape Town-based online advertising tech startup Adbot has secured R7-million ($500 000) in capital raise from Enygma Ventures, an investment funding dedicated to supporting…

Egypt tech startup Breadfast secures $26-million in series A round

Cairo-based tech startup, Breadfast, a grocery delivery platform, has secured $26-million in a Series A round of funding co-led by Vostok New Ventures and…

Nigerian fintech startup Payhippo secures $3-million

Lagos based tech startup Payhippo has secured a reported $3-million in seed funding from several funders including; Ham Serunjogi and Maijid Moujaled, co-founders Chipper…

Stellenbosch financial edtech startup secures funding

Based in the Western Cape, FinMeUp has secured an undisclosed amount in funding from ZAQ Ventures (Venture Studio), a venture capital firm that focuses…

Nigerian automotive tech startup secures $13.1-million

Lagos-based automotive tech startup Autochek has secured a whopping $13.1-million in seed funding led by TLcom Capital and 4DX Ventures with participation from existing investors Golden Palm Investments, Enza Capital, Lateral Capital. In…

South African clean-tech start up secures investment

Johannesburg-based clean-tech startup Brayfoil Technologies has secured an undisclosed amount of funding from Katapult Ocean. In addition, the innovative tech startup has been selected…

Cape Town biotech startup secures investment funding

Based in Cape Town, BixBio, an African genomics startup has secured an undisclosed amount of investment funding from the Illumina Accelerator. BixBio has secured an…

Nigerian e-commerce startup secures $1.8-million in funding

Lagos-based e-Commerce tech startup Sendbox has raised $1.8-million in a seed round of funding from 4DX Ventures, Enza Capital, FJLabs and Golden Palm Investments. With participation from Flexport and YC Combinator. Sendbox secures $1.8-million…

Pan African fintech secures $1-million in pre-seed funding

African fintech Payday has secured $1-million in a pre-seed round from several investors including; LofyInc, Microtraction, Magic Fund, Ventures Platform, Voltron Capital, CcHub Syndicate,…

Nigerian tech startup secures $1.4-million in seed funding

Based in Lagos, Eden Life has secured $1.4-million in a seed funding round led by UK-based LocalGlobe, along with participation from Samurai Incubate, Future Africa, Village Global, Rising Tide Africa and Enza Capital….

Spot the robot dog roams Cape Town as part of showcase

Personalisation and Automation – The Next Iteration of a Communication Legend

Pick n Pay groceries coming to Takealot’s Mr D app

From buses to taxis, Yobante Express shakes up shipping

Healthcare start-up helps SA with stress management

Autopilot Workflows app now available for Microsoft Teams

New Asus Zenbooks coming to SA in July: price and details

Select your best HUAWEI nova today

Vivo opens service store in Cape Town following Y76 5G launch

Scout is VW’s new EV bakkie range

Review: Kia Carnival 2.2 CRDi SX

BMW’s 4 Series Gran Coupé has trick suspension tech