Rivian Automotive Inc. loses Top Executive Charles Mwangi
Rivian Automotive, Inc- an American electric vehicle manufacturing startup, has seen the departure of Kenyan Charles Mwangi as one of its top executives. The firm said Mwangi’s exit is part [...]
IFC and PFG to Support Growth-Stage Firms in Emerging Markets
IFC, the lending arm of the World Bank, has partnered with Partners For Growth(PFG), a US-based fund manager, to provide capital to fintechs, software firms and those dealing with e-health [...]Untapped Global raises $10.3 Million Pre-seed Round
Untapped Global has announced the close of a $10.3 million round in form of debt and equity pre-seed. The company said it will use the funds to launch its investment [...]
Nigeria's Topship Raises $2.5 Million in its Seed Funding Round
Nigeria's logistics startup, Topship has raised $2.5 million in its seed funding round. Investors who took part in the funding include Flexport, Y Combinator, Soma Capital, Starling Ventures, Olive Tree [...]Google Launches KSh465 Million Black Founders Fund for African Startups
Google has announced the second round of the for Startup Black Founders Fund for Africa. Launched last year as a KSh350 million fund targeting 50 early-stage, black-founded startups in the [...]FlexPay Raises Undisclosed Amount of Funding for Expansion
Kenyan fintech startup FlexPay has raised an undisclosed amount of funding from the Cairo Angels Syndicate Fund (CASF), seeking to further its growth and help more people avoid debt. “We [...]Healthcare Startup, CarePoint Raises $10 Million in Series B Bridge Round
Healthcare startup, CarePoint has raised $10 million series B bridge round to accelerate its growth across Africa, and brings the total funding raised by CarePoint to $30 million. The latest [...]Interswitch Secures $110 Million Joint Investment to Scale Digital Payments
African payments company, Interswitch has secured a $110 million joint investment from LeapFrog Investments and Tana Africa Capital to scale its digital payment services across the continent. However, the exact [...]Pan-African Crypto Platform Mara Secures $23 Million Funding
Pan-African cryptocurrency platform, Mara has raised $23 million in funding, seeking to create a portal to the crypto economy for Africans. Investors who took part in the funding include TQ [...]Identitypass to Boost Digital Verification Across Africa with $2.8 Million Seed Funding
KYC verification company, Identitypass has raised $2.8 million in seed funding, just a few months after the startup raised $360,000 in pre-seed investment last November. This funding brings the startup's total funding [...]VC Firm Rali Cap Launches $30 Million Fund for Emerging Markets
Rali Cap, an early-stage venture capital firm focused on emerging markets, has launched a $30 million fund. Investors who took part in the funding include FT Partners, Breyer Capital, Propel [...]HAVAIC Closes $20 Million Fund for Investment in Early-Stage Tech Companies
South Africa-based VC firm HAVAÍC has announced the third and final close of the HAVAÍC Universum Core African Fund, a $20 million fund that will invest in early-stage technology companies [...]
