Funding In Africa
DPI Raises A Record $900M Fund Targeting Innovative African Companies
Development Partners International (DPI), a premier investment fund, has announced that its Africa Development Partners III Fund has raised an impressive $900 million in addition to US$250m in dedicated co-investment capital. Read more
Cardano’s EMURGO Africa To Invest $100 million Into Blockchain Startups In Kenya, Nigeria, SA & Egypt
EMURGO, the commercial arm and a founding entity of the Cardano blockchain has launched EMURGO Africa to fund, mentor and connect African blockchain-powered startups to industry players in Africa and Asia. Read More
Klasha Raises $2.4M To Allow African Shoppers To Pay International Online & Offline Retailers In African Currencies
Klasha, a San Francisco based cross-border technology company, has raised $2.4 million in seed funding to help international B2B and B2C businesses such as ASOS, Zara, Amazon or Zoom to receive payments seamlessly online in African currencies from consumers across Africa. Read more
Pan African Fintech Startup Payday Secures $1m Pre-seed Round To Build Africa’s Paypal.
Funding In West Africa
Cameroon’s Ejara Secures $2M To Provide Crpto And Investment Services In Francophone Africa.
Ejara, a Cameroonian financial services platform, has secured $2 million in a seed round led by Coinshares Ventures and Anthemis Group to help Francophone Africa lead in crypto use and investment services. Read more
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Funding in Southern Africa
SA Prop-tech Venture Builder Secures Investment
Cape Town-based Castle One, a prop-tech venture capital and private equity organisation has reportedly secured a notable investment from HL Hall and Sons Holdings (‘Halls’). Read more