Nairobi Founded Gro Intelligence Raises $85 M in Series B Round
Gro Intelligence announced that it raised $85 million in a Series B funding round led by Intel Capital and Africa Internet Ventures, with participation from family offices of Ronald Lauder [...]
Weekly Deals Digest Dec 30 Jan 5
In this issue of theWeekly Deals Digest Series, food companies dominated the African investment scene while enterprise applications ruled the global deals space. Sanergy put Africa on the spotlight with [...]Top 10 Funding Deals in Africa in 2020
Fintech dominated the top funding deals in the continent, both in the number and magnitude. Briter Intelligence data shows that the sector's funding rounds amounted to approximately $1.33 billion with [...]Weekly Deals Digest Dec 23 Dec 29
In this edition of the weekly deals digest, Kenya's Capsule stood out among African investments with a $5.88 million Series A Funding. Brazil led emerging markets with a $105 million [...]Weekly Deals Digest Dec 9th 15th
In this week's deals digest, InfraCredit led Africa with a Series B investment of $27 million from Infraco Africa. Bitso led emerging markets with a $62 million investment while China's [...]AdTech Firm MediaPal Wins 2020 Most Disruptive Marketing Award
Advertising technology firm MediaPal has emerged as the overall winner under the Disruptive Marketing (Tech marketing) category at this year’s Marketing Society of Kenya (MSK) awards held in Nairobi over [...]
Chamasoft wins Co-op Bank's Fintech Award
Chamasoft, a fintech firm that has built a platform for automation of savings groups and co-operatives, has won the Akili Kali Challenge award, an initiative that was set up by [...]
Weekly Deals Digest Nov 18 Nov 24
Consumer startups and companies led this issue of the weekly deals digest, with players like Nigeria's Autochek raking in $3.4 million in funding in Africa while India's CARS24 led emerging [...]Weekly Deals Digest Nov 11 Nov 17
In this issue of the weekly deals digest, the top ten deals were distributed evenly between Startups in the consumer, environment, and enterprise applications. South Africa's MotoFibre Networx led the [...]Imperial Venture Fund Announces Investment into Lori Systems to Expand Across Africa
Imperial Venture Fund announced an investment and partnership with e-logistics firm Lori Systems, to expand its solutions across the continent. According to a press release from the startup, the investment [...]Nigerian Startup Autochek Secures $3.4M Pre-seed Funding Round
Nigerian automotive technology company Autochek has raised $3.4 million pre-seed funding for expansion of operations and platform development. This round was co-led by TLcom Capital and 4DX Ventures with other [...]
Kenyan Startups Digiduka and OkHi Selected for Facebook Commerce Accelerator Program
Kenyan startups Digiduka and OkHi are among eight African startups selected for Facebook commerce accelerator program. The program running for 12 weeks aims to equip the start-ups with customer relations [...]
