East Africa
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Startup Stats
Start-up Stats: Top 5 Fintech Investments in Kenya in 2021
The East African country of Kenya is the next item on our fintech investments series for 2021. Like its west…
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Funding
Retail pharmacy Goodlife Pharmacies raises US$12m from Proparco to expand its network
EAST AFRICA – Goodlife Pharmacies, healthcare and retail pharmacy chain, raised US$12 million in debt financing from Proparco, the French Development Finance Institution,…
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Fashion
Kenyan Startup Enda Secures USD 1.1 Mn Investment
Enda, one of Africa’s first running shoe company has raised USD 1.1 Mn Series A round from Talanton, a private U.S.-based…
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Market Research and Intelligence
Data Weekly GFA tracks startup funding in Africa based, on our belief that venture capital provides a runway for the…
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DriveWealth team with Chipper Cash enable money transfers and cross-border payments for users
DriveWealth, LLC, a provider of fractional investing and embedded finance, has announced a partnership with Chipper Cash, a fintech startup enabling…
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Cellulant Joins Forces with fintech company ImaliPay to drive gig for workers’ financial inclusion
ImaliPay, the one-stop financial platform for Africa’s gig workers, has teamed with pan-African payments company Cellulant (www.Cellulant.com), for its payments…
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Kenya’s fintech startup, Asilimia, lands US$2mn funding to scale its operations
Asilimia, a startup that is building the digital infrastructure to connect African MSMEs to the formal financial economy, has bagged…
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News
Proparco Strengthens Its Partnership With Equity Bank To Support An Increased Number Of MSMEs In Kenya
In line with the Choose Africa initiative and as part of the visit to Kenya of the French Minister Delegate…
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Funding
E-mobility startup, BasiGo, launches its operations in Nairobi just after US$1mn pre-seed funding
BasiGo, an e-mobility start-up, today announced the launch of its operations in Nairobi, Kenya. This follows the raising of US$1mn…
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Rwanda’s health-tech startup, VIEBEG Technologies, secures US$1mn funding round to improve its services across Africa
Rwandan health-tech startup VIEBEG Technologies has secured US$1mn in funding from the Rwanda Innovation Fund (RIF), managed by Angaza Capital. VIEBEG is a…
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