Funding

Mauritius-based Inter Africa Transport Forex (IATF), a fintech platform that enables transport companies, especially cross-border ones – to better procure, manage and...

Cape Town-based insurtech startup Inclusivity Solutions has raised $ 1.5 million first tranche of its Series A round to expand its digital...

The African Development Bank and its partners on Wednesday launched the Africa Digital Financial Inclusion Facility (ADFI), designed to aid safety and...

Standard Chartered Bank has launched its new community investment approach called Futuremakers by Standard Chartered to help the next generation learn, earn...

The GSMA Innovation Fund for Digitisation of Agricultural Value Chains aims to scale digital solutions for the agricultural last mile and improve...

Seedstars has partnered with First Growth Ventures' founders Tamim El Zein and Maxime Bouan to launch a $100mn sub-Saharan Africa venture fund....

AfricInvest, a PE firm in Africa with $1.5bn in assets under management, and Cathay Innovation, the global venture capital fund, have created...

Daystar Power, a solar energy firm has opened its second branch in West Africa with an office in the Ghanaian capital of...

Mastercard has taken a stake in Jumia to grow e-commerce operations and support the digital transformation of the continent.

This virtual incubator, which has invested more than $13 million into more than 24 graduated startups has announced that it has finished...

Beyond Capital Fund, an impact investment fund that invests in for-profit social enterprises throughout India and East Africa has made its second investment into...

There are only three computers for every one thousand Africans due in part to the low presence of major PC manufacturers on the continent...

In a move to its users the freedom to send money whenever they want and how they want, this remittance firm, which has been...

This emerging markets focused cryptocurrency has raised seed funding to help bring cryptocurrency transactions to millions of users in Africa and in other emerging...

TalentsinAfrica.com has launched to connect Africans to new opportunities taking on Ringier One Africa Media's Jobberman and the rest with a $35,000 seed capital from...

Africar Group has raised an undisclosed 6 digits US dollars amount in 2018, from international investors for expansion in Africa, and now has platforms in...

Sky.Garden is a SaaS mobile commerce platform built for retailers in Africa that allows retailers to sell inventory with ease on mobile. Sky.Garden aims...

Kenya Climate Innovation Center pumped KES 5 million into Kenyan based ecofriendly briquette manufacturerKings Biofuels, as early-stage financing. The company being the second in...

In May of 2000, The Economist in no subtle terms labeled Africa 'The Hopeless Continent'. Making up its mind that the continent was gone...

Taxify, a leading European ride-hailing company with operations in Kenya, Uganda and Nigeria, has completed an investment round of $175 million. Taxify says it will...

Pangea accelerator has invested in 3 Kenyan startups, from their cohort of over 40 startups (from Egypt, Kenya and Nigeria) and over 400 applications. The three...

Pawame, young Kenyan off-grid solar energy startup, has raised $543,000 in debt finance via Sweden-based crowdfunding company TRINE. This sum is in addition to...

The Frontier Car Group, which operates Cars45 in Nigeria has raised $89m from Naspers to expand its second-hand car auction in Africa, Latin America...

Naspers Ventures has led a $50m Series C round for home care company Honor, a comprehensive home care company for older adults. The firm will use...

After raising $47.5m from the Rise Fund, a global impact investing fund managed by growth equity platform TPG Growth, Cellulant, says the investment will help scale...

Cellulant, a digital payments provider that reaches 40 million people across 11 African countries has sold a $47.5m stake to the Rise Fund, an...

Social impact investor Oikocredit has made a € 1 million convertible loan to Inyenyeri, a fuel-utility company providing clean and environmentally-friendly cooking solutions in...

TradeDepot, the innovative SaaS platform for FMCG distribution in Africa has raised $3 million in funding from Partech’s recently launched Africa Fund. The Series A...

Africa’s Talking, a Kenyan based communication-platform-as-a-service (“cPAAS”) API startup, has raised $8.6 million Series A equity investment from IFC, a member of the World Bank...

Kenya's Mobius Motors has received a $5 million loan from The Overseas Private Investment Corporation (OPIC), the U.S. Government’s development finance institution to manufacture...