Egypt
Egypt: MaxAB raises extra $15M and acquires Morocco startup WaystoCap
MaxAB, an Egypt startup secures additional funding in the first round since July from existing investment worth $15 million raising the total sum ...
Africa
Senegal: Kai attracts investment from Mobility 54 Investment SAS
Mobility 54 Investment SAS (Mobility54) is the CVC corporate venture capital arm of Toyota Tsusho Corporation and CFAO SAS which took part in a Pre-series ...
Nigeria
Nigerian ecommerce startup Alerzo raises USD 10.5 M
Nigeria-based B2B ecommerce retail startup Alerzo has raised USD 10.5 million Series A round led by London-based Nosara Capital. In total, Alerzo has raised more ...
Ghana
Ghana: Cellulant set to launch Tingg after receiving license
Cellulant acquires payment Services license in Ghana, set to launch Tingg in the country. Cellulant is set to launch Tingg in Ghana following ...
Kenya
B2B Kenyan-based retail startup, MarketForce, raises $100,000 in funding
MarketForce, Kenya’s retail platform delivering complete functional solutions to consumers, has received a $100,000 investment from the Harambeans Prosperity Fund, an initiative of the Harambe ...
Egypt
Egypt: Arab Bank launches fintech-focussed AB Accelerator in Egypt
Arab Bank launches the Egypt version of the AB Accelerator – a Fintech-focused corporate accelerator programme. Launched in 2018 in Jordan, the accelerator targets to ...
Ghana
Ghana: Jumia and Solar Taxi partner to enhance online orders
Africa’s top e-commerce marketplace Jumia Ghana has partnered with modern eco-friendly mobility company Solar Taxi to provide affordable and eco-friendly delivery of online ...
Africa
African fintech OPay valued at $2B in SoftBank Vision Fund 2-led $400M funding
Chinese-backed and Africa-focused fintech company OPay raised $400 million in new financing led by SoftBank Vision Fund 2, Bloomberg reported Monday, valuing the company at ...
Nigeria
Nigeria: Shared mobility startup, Plentywaka raises $1.2 million seed round, acquires Stabus Ghana
Lagos and Toronto-based mobility startup Plentywaka has raised a $1.2 million seed round to scale its operations, a month after completing the Techstars Toronto ...
Nigeria
Nigeria: Awabah accepted into Techstars London accelerator programme
Awabah, the Nigeria-based startup providing pension access to Africa’s informal sector, has been accepted into the Techstars London accelerator programme. The company broke ...