Funding
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UAE-Based Digital Bank YAP Raises $41M to Expand to Saudi Arabia, Pakistan, Egypt
United Arab Emirates (UAE)-based digital bank YAP has raised $41 million in funding and is looking to raise another $20…
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Futuregrowth Plans R600m Fund To Invest In SA Startups
The company aims to raise as much as R600 million for the Futuregrowth High Growth Development Equity Fund – a…
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Sequoia Capital Reportedly Raising Two Funds, and Despite Slower VC Environment, It’s Not Alone
Venture capital investments may be slower, but that seems to be giving venture capital firms some time to go out…
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Distribution platform Afrikamart raises US$850k seed fund for its expansion plan
The proceeds from the financing is said to allow the company to ramp-up its purchases from smallholder farmers across the…
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Fintech Startup, Sava Africa, Raises $2 Million from Quona Capital, Breega, CRE Ventures, Ingressive Capital, RaliCap, Unicorn Growth Capital and Sherpa Ventures.
Financial services provider based in South Africa, Sava Africa, has raised $2 million in a pre-seed funding round which included…
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MIGA issues US$98.3m guarantee to boost sustainable refinancing of solar power plants in Egypt
Virtuo Finance has secured US$98.3 million guarantee from Multilateral Investment Guarantee Agency (MIGA), an international financial institution, to boost the sustainable refinancing of six…
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E-commerce platform Kasha Joins Mastercard’s Micro-credit digital lending platform
Kasha, the purpose-driven digital retail and distribution platform, has joined Jaza Duka, Mastercard’s micro-credit digital lending platform in Africa. The program, launched in partnership with Unilever and…
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BII Announces $20m Investment In Mobility Fintech Moove
The investment is said to reflect BII’s focus on mobilising capital to build self-sufficiency and market resilience in Nigeria and…
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Nairobi- and London-based Edutainment Startup, Kukua, Raises $6 Million
The round, which also included EchoVC, firstminute Capital and Auxxo Female Catalyst, will facilitate the achievement of Kukua’s goal to…
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Malian Insurtech Startup OKO Has Raised A US$500,000 Seed Extension Round To Help It Expand to Ivory Coast and work towards a Series A
OKO saw an impressive 6x growth in the number of paying customers from 2020 to 2021 and is continuing to…
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