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Legal SaaS platform Libryo secures $1M to expand across Africa & Europe to help...

UK and South Africa-based online legal compliance platform Libryo has closed a £787k ($1million)to solve the problem of regulatory complexity in organisations. The round...

Kenya’s Africa’s Talking Raises $8.6m Series A Investment From IFC Venture Capital to Expand...

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...

Futuremakers by Standard Chartered raising $50m to invest in 50,000 youth-led startups

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

South Africa’s ideas collaboration platform Nectir raises $2m to bring social gamification to your...

Johannesburg-based online ideas collaboration platform Nectir, has raised $2m in seed funding to lead the next wave of business innovation management systems. Using strategy alignment and...

Entrepreneurs! Hurry, TEEP 2018 applications are closing in a few days

Hey there, are you an entrepreneur and need equity fee funding for your business or idea? Then you need to apply for the 2018...

Doubts about the ‘Africa Rising’ narrative as expatriate-founders take over Kenya’s startup ecosystem

African tech startups raised $560 million in VC funding in 2017, a 53% YoY Growth according to a report by Partech Ventures with a total of 128...

Kings Biofuels receives $50,000 investment from KCIC

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...

This virtual incubator has raised a new funding round to accelerate startups across Africa

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

Sierra Leone’s Easy Solar raises undisclosed funding from Acumen Fund & Gaia Impact Fund

Sierra Leone's Azimuth trading as Easy Solar, a pay-as-you-go solar distribution company has raised funding from Acumen’s Pioneer Energy Investment Initiative, an effort to bridge the funding...

This remittance firm has raised $20m Series C to simplify sending money to Ivory...

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

Nigeria’s digital blood bank, Lifebank raised $200k from EchoVC, CcHub, others

Some days back, LifeBank, which is like the foremost Nigeria’s digital blood bank, raised $200 000 for expansion nationwide. The startup which according to their...

Knife Capital participates in a R22m round into a Stockholm IoT startup alongside Candy...

Knife Capital, a Cape Town-based venture capital firm has made its first global investment since opening the London office in a Stockholm-based IoT specialist. The...

Kenya’s Biasharabot, Onesha & Tozzaplus raise funding from Pangea, a Norway-based accelerator

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...

Kenya’s m-survey raises $3.5 million from TLCom Capital to launch in South Africa

mSurvey, a startup that helps firms to gather customer feedback via the mobile phone has raised $3.5 million from TLCom Capital to expand across...

Andela raises $40m to launch in two additional African countries in 2018

Andela has secured $40M in Series C funding to launch offices in two additional African countries over the next year, doubling its developer base...

Seedstars partners with First Growth Ventures to launch a $100mn sub-Saharan Africa venture fund

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

Kenya’s Pawame raises over $2 million to expand its operations in Africa

Pawame, Kenya and UAE based off-grid solar start-up has raised $2 million from Gulf-based investors to electrify 150 million households in sub-Saharan Africa. The funding...

With $35,000 in seed funding, this new talent platform will connect Africans to jobs...

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...

Kenya’s Pawame crowdfunds $543k debt financing

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...

Nigerian northeastern start-ups to access $5000 funds from the “Startup Mambila” project

The "startup mambila" project is an incubation program which was specifically designed for start-ups in the northeastern part of Nigeria. This looks to be...

Nigeria’s TradeDepot Secures $3 Million Series A Led by Partech to Digitize FMCG Distribution...

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...

Kenya’s Mobius Motors raises a $5 million debt financing to set up a manufacturing...

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...

Oikocredit invests € 1 million in Rwanda’s Inyenyeri to reach 150,000 households with ...

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...

Daystar Power enters Ghana after raising $10m for West Africa expansion

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

Nigeria’s MDaaS Global Raises $1M to tackle the $1.6B diagnostics sector in Africa’s most...

MDaaS Global, a Nigerian tech-enabled diagnostic firm has raised $1 million seed funding to scale in Nigeria and replicate its innovative diagnostic...

Pay-As-You-Go Solar platform Angaza raises $10.5 million in Series B financing

 Angaza, a Pay-As-You-Go solar tech platform and clean energy products manufacturer targeting off-grid consumers, has closed a $10.5 million in Series B financing led...

MENA events platform Eventtus raises $2m led by Algebra Ventures and 500 Startups

Eventtus, a MENA events platform recently raised $2m led by Algebra Ventures and 500 Startups to allow Eventtus to accelerate its expansion in the...

Cellulant Raises $47.5 Million Series C From The Rise Fund to Expand its Digital...

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...

Mohamed Alabbar and MEVP Launch $250 Million MENA-focused Venture Capital Fund

Middle East Venture Partners (MEVP) today announced the launch of its third MENA venture capital fund – the Middle East Venture Fund III (MEVFIII)...

Lease-to-own motorcycle taxi lender Watu Credit raises $1.5m to expand across the country

In 2015, the Motorcycle Assemblers Association of Kenya estimated that on average 8 million Kenyans used a boda boda daily, generating USD.3.9Million (Kes400.00Million) in...