Funding
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Rwandan, Zambian Energy Startups Secure Funding From Impact Investor
Rwanda’s Munyax Eco and Zambia’s WidEnergy have secured investment from female-focused fund Opens-LCEF, an impact investor that provides catalytic capital…
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Cameroon’s Maviance to Digitize Payments Across Central Africa With $3 Million Funding
Digital finance provider, Maviance, has raised $3 million to extend its services across Central Africa. The Cameroon-based company provides local,…
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Investment Firm Goodwell Unveils US$60m Fund To Support High Growth SMEs In Africa
AFRICA – Amsterdam-based investment firm Goodwell, which has investments in Copia, MFS Africa, Good Nature Agro, Tomato Jos, and Nomanini…
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Egypt’s Largest Private Solar Power Plant Receives $114 Million, Maximizing Clean Energy Potential
Egypt’s largest private solar plant, Kom Ombo has received $114 million financing package from the European Bank for Reconstruction and…
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World Bank Approves US$380m Financial Support To Malawi & Mozambique To Facilitate Trade
MALAWI – The World Bank, through the International Development Association (IDA), has approved US$380 million in financing to support Malawi…
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MFS Africa Leads $2.3M Seed Round In Uganda Fintech Startup Numida
Small businesses in Africa need digital banking services, including plenty of credit. Although these businesses drive economic growth and contribute…
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Malian Insurtech Startup OKO Raises $1.2m For Expansion Across Africa
Malian insurtech startup OKO, which aims to provide smallholder farmers with financial security, has raises US$1.2 million in seed funding…
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South Africa’s Online Marketplace For Home Services Kandua Raises Funding From The Catalyst Fund To Drive Growth
SOUTH AFRICA – Online marketplace for home services that connects home service professionals to customers, tools, and digital financial services…
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SA eCommerce Platform Raises R150k To Support Cape Firefighters
South African eCommerce platform OneDayOnly has raised R150k in donations towards Cape Town firefighters who were able to control a blaze that…
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Egypt’s Laundry Startup, Laverie, raises Six-figure Funding Round led by A15
Laverie, Egypt’s first dry-cleaning and laundry app, has raised an undisclosed six-figure (USD) funding from A15, one of Egypt’s biggest…
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