Funding In Nothern Africa
Moroccan fintech startup, Yalla Xash has received $675k from Maroc Numeric Fund II
Maroc Numeric Fund was launched in 2010 and has since been a go-to investment fund for software businesses with success stories coming from North Africa. Read more
Funding In Western Africa
Nigerian Fintech Startup, Payhippo, Secures $1m in Pre-seed Funding
Most of these businesses are creditworthy, but traditional banks and lenders don’t lend to them because there are no credit scores and collateral requirements are too high. Read more
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Nigerian Fintech startup, FairMoney, lands $42mn Series B round
With an active presence in Nigeria and India, the startup plans to diversify its current offerings and expand to become the preferred financial destination for its users. Read more
Funding In Southern Africa
Black hair care and lifestyle brand startup, Brown and Ayo has bagged $280k from Enygma Ventures
The investment reflects the venture capital firm’s ongoing mission to support women entrepreneurs across the SADC. Read more