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Nigerian Digital Lender Payhippo Acquires Microfinance Bank
Nigerian digital lender Payhippo has acquired Maritime Microfinance Bank, a financial institution that offers loans, supports investments and accepts deposits…
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VC fund Badia Impact Squared Fund secures US$5m investment from Smart Capital
Silicon Badia is a pioneering venture capital group that invests in early-stage and growth-stage technology companies operating globally. Anava has a target size of…
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SA Investment App Franc Has Raised US$522k In A Seed Extension Round
South African investment app Franc has raised ZAR8 million (US$522,000) in a seed extension round, and announced a B2B offering…
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Daily Digest Thursday 24 March 2022
Funding In Tech GFA Spotlight: AfriBlocks GFA Spotlight: AfriBlocks Funding In Crypto and Edtech GFA Spotlight: AfriBlocks GFA Spotlight: AfriBlocks …
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Proparco Invests US$10m In AGF To Increase Finance Access For Women Entrepreneurs
AFRICA – Proparco, has invested US$10 million in the African Guarantee Fund (AGF) to support the Affirmative Finance Action for Women in…
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MarketForce Raises $40 Million Series A, Introduces BNPL Merchant Stock Financing
MarketForce, the retail B2B and end-to-end distribution platform founded in Kenya, has raised $40 million in Series A funding for…
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GFA Opinion: Reasons why investors will not invest in your start-up (For the African Entrepreneur) Part 2
Last week we looked into why investors will not invest in your start-up, Part 1, and this week we will…
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Casava Secures $4mn Pre-Seed Funding To Enhance Digital Insurance
Casava, an insurtech microinsurance platform has raised 4 million dollars in a pre-seed round to boost digital insurance in Nigeria.…
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Naspers-Backed SweepSouth Buys Egyptian Startup Filkhedma
Naspers-backed SweepSouth, Africa’s largest online home services platform, today announced it has bought Egyptian startup Filkhedma, a home services marketplace…
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B2B Marketplace Talabeyah Raises Seven-Figure Pre-Seed
Cairo-based B2B F&B platform Talabeyah has raised a seven-figure pre-Seed round from strategic angel investors.Founded in July 2020 by Karim…
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