Africa
Africa: Women-led startups still attract less than 3% of funding (Report)
Despite the steady rise in the volume of funds raised by African start-ups over the past few years, gender inequalities are still very ...
Africa
Africa: develoPPP Ventures launches $107k funding grant for African startups
Startups in Ghana, Kenya, Nigeria and Tanzania have been offered the chance to scale their impact-driven companies and receive a grant investment of ...
Nigeria
Nigerian communications startup, Termii, raises $3.65 million to fund expansion
Nigerian communications platform-as-a-service (CPaaS) startup, Termii, has raised $3.65 million to expand its product offerings. The new raise brought the startup’s total funding to $5.05 million having first raised ...
Nigeria
Nigeria’s Haul247 secures $3m seed funding to grow market share, expand across Africa
Nigeria’s Haul247, an end-to-end logistics tech platform connecting businesses to haulage and warehousing assets in one ecosystem, has raised US$3 million in seed ...
Nigeria
Nigeria: Cold-chain startup Figorr raises $1.5M, backs the rollout of data-driven perishables insurance
Oghenetega Iortim built Nigerian-based cold-chain startup Figorr after imagining better means of storage and transportation of temperature-sensitive products, following the post-harvest losses from ...
Africa
African B2B e-commerce startup Sabi tops $300M valuation in new funding
Sabi, a Lagos-based B2B e-commerce startup providing digital commerce infrastructure to Africa’s informal economy, has raised $38 million in Series B funding at ...
Africa
Africa and Asia-Focused Fintech Jia Raises $4.3 Million in Seed Funding Round
Jia, a blockchain fintech startup, recently revealed it has raised $4.3 million in a seed funding round which was led by the early-stage ...
Egypt
Egypt’s Balad Secures Funding for Digital Remittance Platform Launch and Expansion
Balad, a Cairo-based fintech startup focused on remittances, has received a pre-seed investment of seven figures in USD led by Acasia Ventures, an ...
Africa
Africa: Funding for African Tech Startups Declined in Q1 2023
African tech startups recorded a decline in funding in the First Quarter (Q1) of 2023, compared to 2022, due to the recent economic ...
Nigeria
Nigerian fintech startup, Nomba, raises $30 million in Pre-Series B funding
Fintech startup, Nomba, has raised a $30 million Pre-Series B funding round to support the delivery of bespoke payment solutions for African businesses. ...