Funding
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Nigerian Trade Finance Startup FrontEdge Lands $10M Funding Boost for Scaling Operations
Nigerian trade finance startup FrontEdge, which helps facilitate cross-border trades for African SMEs, has raised US$10 million in debt and…
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Ed Partners in Kenya Secures $10 Million DFC Loan Guarantee to Enhance Affordable Education Access
Kenya’s Ed Partners Africa, a non-banking financial institution that specialises in providing loans to affordable private schools, has announced the…
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Africa Fertilizer Financing Mechanism Allocates Over $2 Million Towards Fertilizer Funding
The Africa Fertilizer Financing Mechanism will provide a $2 million partial trade credit guarantee and a $219,000 grant funding to…
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Tizeti Secures Debt Funding to Enhance Internet Accessibility in Nigeria
Chapel Hill Denham’s Nigeria Infrastructure Debt Fund has agreed to provide long-term financing to Tizeti Network Limited, West Africa’s pioneer…
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WayUp Sports in Egypt Successfully Completes Seed Funding Round
WayUp Sports, the first ecommerce platform specialised in performance based sports gear in Egypt, has secured seed round led by…
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Aduna Capital Unveils $20 Million Fund to Support Startup Ecosystem in Northern Nigeria
While Nigeria stands out as a prominent tech investment hub in Africa, the majority of investments are directed towards startups…
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Pricepally, Nigerian Food E-commerce Startup, Raises $1.3M in Seed Round
Nigerian startup Pricepally, a fresh and packaged food e-commerce platform, has raised US$1.3 million in seed funding to help it…
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Dubai Unveils $136M Venture Capital Fund for Tech Startups Investments
The Dubai Integrated Economic Zones Authority (DIEZ) has announced the launch of a venture capital (VC) fund worth US$136 million…
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InDrive Launches Ventures and M&A Arm, Allocates $100M for Startup Investments in Emerging Markets
InDrive, the “bid-based” ride-hail platform popular in Latin America and Asia, has launched a new venture and merger and acquisition division named…
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Afreximbank Grants UBA Plc $150 Million Trade Finance Facility
Africa’s Global Bank, United Bank for Africa (UBA) Plc, has received a trade finance facility worth $150m from the African…
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