Senegal
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Digital
Pan-African company Baobab+ secures US$11.7mn for operational expansion
Baobab+, has just raised US$11.7mn from Norwegian fund Norfund to finance electrification and digitalization in several African countries. The fundraising will…
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Fintech
Senegal-based fintech, Wave, Becomes Francophone Africa 1st Unicorn After Secures $200mn Funding
The U.S and Senegal-based mobile money startup, Wave, have become the first unicorn in francophone Africa after raising $200 million…
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Senegalese mobility startup, Kai, lands seed investment
YEEG SAS, a company that operates ride-hailing startup Kai Senegal, has secured a seed investment from Mobility 54 Investment SAS,…
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News
FONSIS joins forces with KfW to launch US$35mn Oyass Capital for SMEs
Fonds Souverain d’Investissements Stratégiques S.A. (FONSIS) the Senegalese Sovereign Wealth Fund has launched Oyass Capital in partnership with KfW, the…
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Solar distributor MyJouleBox raises US$3.54mn in a Series A round
MyJouleBox, a solar distributor & operator, has completed a €3mn (US$3.54mn) Series A round aimed at strengthening its positions as…
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Senegalese Fintech, InTouch, Raises Funding
InTouch, a Senegalese-based aggregator of financial solutions and digital services, has announced a strategic investment from the CFAO company. The…
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Senegalese Foodtech Startup, Mburu, Secures $450k From WIC Capital For Operational Expansion
Mburu, a Senegalese foodtech brand, active in the production and marketing of breads, pastries, and pastries has received $450k funding,…
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Solar home systems firm Baobab+ secures $4.7mn for regional expansion
Baobab+, a solar home systems social enterprise firm operating in West Africa and Madagascar, has secured $4.7mn in financing for…
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Funding
Digital Marketing Startup “Les Ateliers de Corinne” secures funding from WIC Capital
Dakar-based Les Ateliers de Corinne (LADC), specialized in digital culinary marketing, organization of cooking workshops and cake design has secured…
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Oolu, Senegal’s Solar Pay-As-You-Go Distributor, Raises $8.5M To Expand Energy Access In West Africa
Oolu, a solar distributor in West Africa, has closed a $8.5 million Series B investment round led by independent renewable energy…
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