Browsing: Africa
African defense tech Terra Industries, founded by two Gen Zers, raises additional $22 million in one month
Just a month after raising $11.75 million in a round led by Joe Lonsdale’s 8VC, African defensetech Terra Industries has announced that it has raised an…
These Gen Zers just raised $11.75 million to put Africa’s defense back in the hands of Africans
After five years of building an edtech company, Nathan Nwachuku, 22, realized that Africa was at a crossroads. The continent is undergoing rapid industrialization, he told…
Africa’s largest fintech company Flutterwave acquires Nigerian open banking startup Only in a deal worth a total of between $25 million and $40 million, according to…
Ventures Platform, one of Africa’s most active early-stage investors, has raised another $64 million
based in Lagos Ventures Platformone of Africa’s most active early-stage investors, has raised $64 million so far for its second fund, targeting an eventual close of…
Africa’s electric mobility story has often been one of promise rather than progress. Infrastructure is scarce, power grids are unreliable, and most markets still run on…
Microsoft and Uber Alum increase $ 3 million for YC-Backed Munify, a Neobank for Egyptian Diaspora
Khalid ashmawy He remembers the first time he approved the money at home while studying in Europe. He had just received his monthly grant as a…
Nigerian profitable Delivery Chowdeck Food Delivery Landing $ 9 million by Novastar, Y Combinator
WiseA launch for Lagos -based food delivery, which has remained profitable in a famous hard and low margin market, has raised $ 9 million in funding…
Better Auth, an authentication tool by a self -taught Ethiopian Dev, increases $ 5 million from the top XV, YC
It is rare to see a solo founder creating a widely adopted developer infrastructure tool. Even more, if the founder happens to come from Africa. BeretsA…
Former Stripe Development Guide helps African Diaspora to invest in newly established companies, real estate
When Joe He joined the TouchTech payments in 2017 as head of funding, the Irish boot could not afford his full salary. So he negotiated for…
Palmpay, an African Digital Bank of Fintech, is in talks to raise $ 50 million and $ 100 million in a round of B series, according…