Kenya’s skincare firm Uncover raises $1 Million Seed Capital
Nairobi-based skincare firm, Uncover has raised USD 1 million in seed capital, which it will use to scale up its operations in Kenya and establish presence across Africa. Key investors include FirstCheck [...]
DeveloPPP Ventures New €100K Funding Round For Startups In Kenya and Tanzania
November 15, 2022 DeveloPPP Ventures is back with another opportunity for startups in Kenya and Tanzania to get a chance to scale their impact-driven companies and receive a grant [...]IFC Unveils New $225 million VC Fund for Early Stage Tech Startups
The International Finance Corporation (IFC) has unveiled a new $225 million fund to invest in early-stage companies in Africa, Middle East, Central Asia, and Pakistan. The IFC's new fund will [...]
BasiGo Receives $1 Million Investment from Mobility 54 Investment SAS
Mobility 54 Investment SAS (Mobility 54) the corporate venture capital subsidiary of Toyota Tsusho Corporation and CFAO SAS has invested $1 million in BasiGo, a startup in the electric bus business [...]Hisa Among 9 African Startups Selected to Join Startup Wise Guys B2B Accelerator
Fintechstartup Hisa Inc has beenselected to join Startup Wise Guys'S (SWG) second batch of participants for its €7.5 million fund for African startup investment. The program, the first ever African, [...]NALA Money Enables Apple Pay Payments from the UK and US into Africa
NALA, a Tanzanian-born fintech startup with a growing dominance in East Africa, made a pioneering move in Africa’s fintech space by enabling its African diaspora users to make local payments [...]Moko Home Raises $6.5M in Series B Funding Round
MoKo Home + Living, a Kenya-based home furniture manufacturer and omnichannel retailer, has raised $6.5 million during a Series B debt-equity funding round, co-led by U.S.-based investment fund Talanton and [...]
Pezesha EzyAgric Partner to Offer Buy Now Pay Later Services in Uganda
Agritech company, EzyAgric has partnered with Pezesha (a digital financial marketplace platform for SMEs) to offer a new product that brings Buy Now Pay Later services to agro-inputs merchants in Uganda. The [...]NALA Money Launches New Feature to Enable Kenyans in Diaspora Pay Bills via MPESA
NALA, a fintech startup that powers quick remittances from the UK and US to Africa, has launched a new feature that allows Kenyans in the diaspora to pay local bills [...]Pan African Data Startup Stears closes $3.3 million seed Round
Stears, a pan-African financial data and intelligence company, has announced the close of a $3.3 Million seed round which was led by MaC Venture Capital with participation from Serena Ventures, Melo 7 Tech [...]Nine Kenyan Startups Selected for FoundersBoost Fall 2022 Program
FoundersBoost, the global startup pre-accelerator, has announced the nine Kenyan startups that will be joining this year's fall program. The FoundersBoost program runs for 6 weeks and is highly mentor-driven. [...]Ghana's Farmerline Raises $1.5 Million in 2nd Close of Pre-Series A Funding
Ghanaian agritech startup Farmerline announced the second close of a Pre-Series A investment raise with an additional $1.5 million investment from Dutch social impact investor Oikocredit. The investment is part [...]
