Egypt's Thndr Raises $20 Million in Series A Funding
Egypts's investment app, Thndr has raised $20 million in its Series A funding round, seeking to democratize investing in the Middle East and North Africa (MENA). This round brings the [...]
Uganda's ChapChap Secures Undisclosed Funding for Expansion
Uganda's fintech startup, ChapChap has secured an undisclosed funding round, seeking to accelerate its commercial growth and social impact creation. Investors who took part in the funding round were Nordic [...]Branch Acquisition of Century MFB gets CBK approval
Branch International , a fintech enterprise has welcomed the approval from Central Bank of Kenya (CBK) for its plan to acquire Century Microfinance Bank. Branch International Limited, a digital lending [...]
Century Microfinance Bank Acquisition by Branch International gets Treasury Approval
Century Microfinance Bank Limited acquisition by Branch International, a startup fintech, has received approval from the National Treasury.. In a legal notice dated 24th January 2022 and signed by Treasury [...]Oracle Invests $1 Million for African Startups
American multinational technology company, Oracle has announced plans to invest $1 million to support African tech start-ups, seeking to help accelerate their digital initiatives with the latest cloud technologies and [...]Kenya's Afya Rekod Raises $2 Million in Seed Funding
Kenyan-based health record management platform, Afya Rekod has raised $2million in its round of Seed funding, seeking to expand its services across Africa. Investors who took part in the funding round include [...]Egypt's Brimore Raises $25 Million in Series A Funding Round
Egypt's social comerce startup, Brimore, has raised $25 million in its Series A round of funding, led by the International Finance Corporation (IFC), and Endure Capital. Other investors who took [...]Kenya's Amitruck Raises $4 Million in Seed Funding
Kenyan tech-enabled logistics platform, Amitruck, has raised $4 million in seed funding, bringing the total funds raised to date to $5 million. Investors who took part in the funding round [...]Norrsken, VCs 30 Unicorn Founders set up $200 Million Fund for Startups in Africa
Norrsken Foundation has teamed up with thirty unicorn founders and a couple of venture capital and private equity investors to launch a $200 million fund targeted at growth-stage African startups. [...]Nigeria's Bamboo Raises $15 Million in Series A Funding Round
Nigerian fintech startup, Bamboo, has raised $15 million in its Series A round of funding, seeking to accelerate its growth, move into new markets and launch more products. Investors who [...]Tanzania's NALA Raises $10 Million in its Seed Round of Funding
Tanzania's cross-border payments fintech startup has raised $10 million in its seed round of funding, seeking to expand across Africa in 2022. Investors who took part in this round of [...]Sandbox Launches $50 Million Metaverse Accelerator Program
The Sandbox, a leading decentralized gaming metaverse has launched a $50 million Metaverse Accelerator Program, targetting 100 startups to enhance the open metaverse. With applications now open and the first [...]
