Funding In Northern Africa
Egyptian Fintech, MoneyHash, Bags Six-Figure Funding
The startup is currently running a testing round of its service in private beta form, with plans to soon go live with the app in Egypt, Saudi Arabia, and the UAE. Eventually, MoneyHash wants to build up its services across multiple other MENA markets towards the end of 2022. Read more
Funding In Eastern Africa
Ethiopian last-mile delivery startup, Eshi Express, lands seed round investment from Addis Ababa Angels
The new investment and strategic support from Eshi Express will see the startup expand operations past Addis Ababa and two other regional cities. Currently, customers can only order delivery services through Eshi’s call center number or the app available on Google Playstore/ Apple iOS. Read more
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Funding In Western Africa
Nigerian off-grid power provider startup, Daybreak Power Solutions, secures $20mn from IFC
While Daystar as a whole plan to raise $100 million over the next three years, it has already successfully raised $38 million in Series B financing from several investors. Read more
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The secret to leveling up your business
Done right, a good partnership can have a tremendous impact on company growth, from increasing sales and reaching new markets to driving efficiency in your operations. Read more
