Funding
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VC Trends Watch: Mar. 13 – 17, 2023
It’s Friday again, and another condensed rundown of noteworthy activities in the African venture capital investment space. Here’s what happened…
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Market Intelligence Startup, Rwazi Raises $4M in Seed Funding Round to Provide Insights into Emerging Markets
Rwazi, a startup specializing in market intelligence, has raised $4 million in seed funding to scale up its platform. The…
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Kenyan Startup Tibu Health Raises Undisclosed Amount in Pre-Series A Funding Round
Kenyan startup TIBU Health has raised an undisclosed amount of pre-Series A funding to allow it to strengthen its solutions…
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African Development Bank Approves $30M Trade & SME Finance Facility for Family Bank Limited
The Board of Directors of the African Development Bank Group has approved a $30 million Trade & SME Finance Facility…
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South African Fintech Startup Acquires Thuthukani, Integrates as Fin Home Loans
Fintech startup Fin has announced that it has completed the acquisition of South African housing finance provider Thuthukani Housing Finance…
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Liquid Intelligent Technologies Acquires Cysiv MEA to Extend Reach into MEA
Liquid Intelligent Technologies has announced the acquisition of Egyptian-based Cysiv MEA, formerly known as SecureMisr to extend its operations into the…
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Digital Banking Startup Credable Raises $2.5M to Expand into Nigeria and Pakistan
Credable, a digital banking startup announced that it has raised $2.5 million in a funding round led by Pan-African early-stage…
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Egyptian Edtech Startup, Almentor Raises US$10M in Pre-Series C Funding
Egypt’s Almentor, one of the leading online video learning platforms in Arabic, has raised a US$10M pre-Series C round of funding…
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Tunisian Edtech Startup, Shape Raises Undisclosed Funding From The Oman Technology Fund
Tunisia-based edtech startup Shape has raised an undisclosed amount of funding from The Oman Technology Fund (OTF). Founded in 2021…
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Morocco Startups VotreChauffeur and VotreColis Secure 2.5M Dirhams ($240k) to Boost Operations
VotreChauffeur and VotreColis, two start-ups specialising in mobility and last-mile delivery, have announced that they have raised 2.5 million dirhams ($240K) from…
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