Zambian agritech, Good Nature Agro (GNA), has raised a US$ 2.1 million Series A round from Goodwell Investments and existing seed investors Global…
Latest in Funding
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The OPEC Fund for International Development (OFID) has loaned KES 2 Billion (US$ 20 Million) to the East African Development…
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Indicina Technologies has raised a US$ 150,000 seed round from the Honeywell Group’s venture capital arm, Itanna. The fintech startup…
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US-based Venture Capital firm, Aptive Capital, has invested into three early-stage African startups. In June 2020, the firm announced that…
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South African ed-tech startup, Valenture Institute, has secured a USD 7 million investment from GSV Ventures. Valemture Institute was founded…
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SA-based health tech startup, Syked, has raised an undisclosed seed round from HaloCare. Syked’s digital platform connects users to qualified…
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German investment group, GreenTec Capital Partners, has invested an undisclosed amount into Cameroonian agri-tech startup, Freshbag. Freshbag is a digital…
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Kenyan telco giant, Safaricom, has announced the second edition of its Spark Venture Fund, which was established to support late-seed…
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The US Agency for International Development (USAID), through its local investment arm; Kenya Investment Mechanism, has partnered with Vital Capital…
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BusinessFundingGovernment
Rwanda receives US$ 11.4 million from European Union to boost private sector development
The European Union (EU) is set to provide Rwanda with an US$ 11.4 million grant to boost the East African…
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BlockchainFunding
Blockchain startups urged to apply for $100k seed funding from UNICEF Innovation Fund
UNICEF’s Innovation Fund has opened applications from early-stage and potentially high impact blockchain startups. UNICEF is looking to make equity-free…
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BusinessVenture Capital
Hyundai Mobis is building a Mobility Tech ecosystem by investing in VC Funds
South Korean car parts company, Hyundai Mobis (Mobile and System) is entering the venture capital space. Hyundai Mobis recently announced…
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FundingInsiderStartups
Updated: Kenya’s SokoWatch, Hover & Rwanda’s Leaf raised funding from Catalyst Fund
In July 2018, Kenya’s SokoWatch, Hover, a USSD firm founded by KopoKopo’s Ben Lyon and Rwanda’s Leaf raised funding each…
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Daystar Power, a solar energy firm has opened its second branch in West Africa with an office in the Ghanaian…
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FundingStartups
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…
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Beyond Capital Fund, an impact investment fund that invests in for-profit social enterprises throughout India and East Africa has made its second…
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Sky.Garden is a SaaS mobile commerce platform built for retailers in Africa that allows retailers to sell inventory with ease…
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Kenya Climate Innovation Center pumped KES 5 million into Kenyan based ecofriendly briquette manufacturerKings Biofuels, as early-stage financing. The company…
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BusinessFundingInsider
Why native African investors are shying from backing local tech startups and why this should change
In May of 2000, The Economist in no subtle terms labeled Africa ‘The Hopeless Continent’. Making up its mind that…
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Pawame, young Kenyan off-grid solar energy startup, has raised $543,000 in debt finance via Sweden-based crowdfunding company TRINE. This sum…
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FundingInsiderStartupsTech
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…
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Hey there, are you an entrepreneur and need equity fee funding for your business or idea? Then you need to…
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Some days back, LifeBank, which is like the foremost Nigeria’s digital blood bank, raised $200 000 for expansion nationwide. The…
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The “startup mambila” project is an incubation program which was specifically designed for start-ups in the northeastern part of Nigeria.…
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FundingStartups
M-Shule named the most promising startup at Seedstars Nairobi
by James Musobaby James MusobaM-Shule has won the Kenyan round of Seedstars Nairobi earning the opportunity to represent the country at the major Seedstars…
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As a promising startup, you may be asking yourself “What exactly do Venture Capitalists have interest in pitches?” Well,…
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FundingStartups
A peek into how Microtraction is funding African early stage startups, with Yele Bademosi, founder
Hint: Are you a (potential) Startup founder, you might want to read this to the end and share with others.…
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Africa has experienced a rampant rise of inventions and startups that have gone a long way from the…
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