Funding
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Egypt’s Pharmacy Marts Secures 6-figure Bridge Round from Acasia Ventures
Cairo-based digital marketplace Pharmacy Marts has raised a six-figure US dollar bridge round from early-stage venture capital firm Acasia Ventures…
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South African Startup Float Receives $11M in Funding from Standard Bank
Standard Bank has provided an $11 million facility to fintech Float, which will facilitate the rollout of its card-linked instalment platform,…
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Nigerian Youverify Raises $2.5M to Strengthen Anti-Money Laundering Compliance Measures
Youverify, an AI-driven Anti-Money Laundering (AML) solutions startup has raised a $2.5 million investment from Elm, a digital innovation and…
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Mobility Fintech Startup Moove Secures $100M in Series B Funding
Nigeria-founded mobility fintech company Moove, which democratizes access to vehicle ownership for mobility entrepreneurs, has raised US$100 million in a…
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Nigerian Payment Infrastructure Company Zone Secures $8.5M in Seed Funding
Nigerian startup Zone, a fast-growing payment infrastructure company, has raised US$8.5 million in an oversubscribed seed funding round to help…
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Egyptian B2B Healthtech Startup 30Med Secures Undisclosed Pre-seed Funding
30Med, a medical education platform, announces a significant milestone in its journey towards transforming healthcare. The company has successfully secured…
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Tookez Secures $1.5M to Strengthen Presence in Moroccan Market
Moroccan FinTech startup Tookeez has proudly secured a substantial $1.5 million in a recent fundraising round led by the esteemed…
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XSML Capital Closes $98.7M in 1st close of 4th Fund
XSML Capital, a leading provider of growth capital to SMEs in Central and Eastern Africa, has launched its fourth fund,…
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Moroccan ORA Technologies Secures $1.5M in Seed Funding to Aid Expansion Plans
Morocco-based superapp ORA Technologies has secured US$1.5 million in seed funding from local entrepreneurs to help with its expansion plans.…
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Uganda’s TowerCo Secures $40M European Investment to Expand Rural Telecom
TowerCo of Africa Uganda has secured US$40 million long-term financing from European development finance partners, including the European Investment Bank, the…
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