Cape Town-based SkillUp Tutors raises undisclosed Series A round from Knife Capital to scale...

Cape Town-based SkillUp Tutors, an online tutor marketplace has received a Series A funding round from Cape Town-based Knife Capital to accelerate acquisition of learners and...

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...

Asoko Insight Secures $3.6 Million in Series A Funding Round for Pan-African Expansion

Asoko Insight, a London-headquartered provider of corporate intelligence with research bases in Accra, Lagos, Nairobi, Addis Ababa and Abidjan has completed a $3.6 million...

Nigeria’s Terragon raises $5m funding from TLcom Capital to bolster its marketing tech

Terragon, a Nigerian mobile marketing firm has raised a $5 million funding from TLcom Capital to build its mobile ad technology to connect more brands...

Branch raises $70 million in series B from IFC, Andreessen Horowitz & CreditEase to...

 Branch has raised $70 million in series B led by CreditEase, a Beijing-based leading FinTech conglomerate recently joined a group of prestigious investors to participate in...

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...

Africell raises $116.5m to fund its 4G roll-out & expand across sub-Saharan Africa

Africell Holdings has signed a new $116.5m syndicated loan for the expansion of its mobile network operations across sub-Saharan Africa. According to founding CEO and...

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...

African tech startups raised $560 million in VC funding in 2017

African tech startups raised $560 million in VC funding in 2017, a 53% YoY Growth as African entrepreneurs leverage tech and digital to tackle...

Innovation hubs in Africa are overrated

There are over 300 tech hubs in Africa, with 50% of them concentrated in South Africa, Kenya, Nigeria, Egypt and Morocco. However, Innovation hubs in Africa...

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...

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...

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...

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...

Kenya’s eCommerce Firm Sky.Garden raises $1.2 million to launch its next generation merchant platform

Kenyan based eCommerce company, Sky.Garden,which is works as a ''Shopify for Africa'', has raised a $1.2 million to launch its next generation merchant platform later...

Goodwell Investments raises 20m Euro from over 30 investors for investments in inclusive economy...

Goodwell Investments, which has invested in Paga, Nomanini among others, has raised 20 million Euro from over 30 investors for investments in inclusive economy...

Proparco invests $ 5 million into TLcom Tide Africa Fund to support the growth...

French development finance institution Proparco has just taken a $ 5 million stake in TLCOM TIDE AFRICA FUND to finance young innovative companies in sub-Saharan...

IFC Becomes Anchor Investor in Partech Africa Fund

IFC, a member of the World Bank Group, has helped Partech Ventures launch a €100 million fund focused to largest venture-capital fund focused on...

Off-Grid Energy Firms in Africa to Receive $55M Investment from AfDB,  Nordic Development Fund...

Over 600 million people are estimated to lack access to modern energy in Sub-Saharan Africa. However, this is set to change as off-grid energy firms...

Farmers sponsor platform Farmcrowdy raises $1 million in seed funding to expand to 20...

Nigeria's Farmcrowdy, an online platform allowing Nigerians to venture in and sponsor agriculture has closed $1 million in seed funding to scale its operations with...

WorldRemit raises $40m to make sending money within Africa faster

Digital money transfer service WorldRemit has raised $40m to serve 10 million customers connected to emerging markets. With the funds, WorldRemit will enable customers in...

Sun King Parent Firm Greenlight Planet Raises $60M to Finance its Off-Grid Solar Business...

Sun King solar brand's parent firm Greenlight Planet has raised $60m in equity and debt led by London-based private equity fund manager Apis Partners...

Mobisol secures $25m for growth in Africa after Investec’s latest follow-on investment

Mobisol, one of Africa’s leading providers of off-grid solar home systems, has secured a total of $25m in the last six months for growth...

mPharma raises $6.6 million to provide inventory financing to pharmacies across Africa

mPharma, a venture-backed startup with a simple mission to make prescription drugs in emerging markets easily accessible, and easily affordable has raised a $6.6...

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...

DIFC launches a $100m FinTech-focused fund to accelerate fintech startups in the MENA region

 Dubai International Financial Centre (DIFC), a financial hub in the Middle East, Africa and South Asia (MEASA) region has launched a USD 100 million...

M-Shule named the most promising startup at Seedstars Nairobi

M-Shule has won the Kenyan round of Seedstars Nairobi earning the opportunity to represent the country at the major Seedstars summits in Mozambique and...

JUMO raises $24 million loan facility from Finnish development Finnfund

Jumo, a big data analytics firm which allows cost-efficient provision of loans has raised $6m from Finnfund in form of a debt instrument to...

Naked raises R20m investment from Hollard & Yellowwoods to give customers a more flexible...

Naked, an insuretech startup set to launch in South Africa in the first quarter of 2018 has received funding through a R20 million investment...

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...