Browsing: Africa
Al Mada Holding The Group is one of Africa’s largest private equity funds. The private company based in Casablanca is active in various sectors, including banking,…
Kenya insurtech Lami Technologies in February last year announced the acquisition of Bluewave, another startup in the insurance space, to expand its product offerings and allow…
YC-backed fintech Bujeti raises $2 million for its corporate cards and spending management platform
By techtost.com
African corporate cards and expense management platform Budget has raised $2 million in seed funding. The startup, which deals with how African businesses, including SMEs, startups…
GoMetroa South African technology company active in the fleet management space, has raised £9 million (~$11.4 million) in a Series A funding round led by Zenobē…
Cameroon health tech Waspito receives $2.5M seed expansion to scale, tap patients offline
By techtost.com
Health startup in Cameroon Waspito has secured a $2.5 million expansion from DP World through Newtown Partners, Saviu Ventures, AAIC Investment, Axian Ventures and CFAO’s Health54…
Saviu Ventures’ second fund reaches €12 million first close to support francophone startups in Africa
By techtost.com
Saviu Venturesa VC firm targeting startups in Francophone Africa, has made an initial close of €12 million for its second fund backed by private investors, including…
Flutterwave was canceled as a Kenyan court granted the agency’s request to withdraw the second case
By techtost.com
African fintech Flutterwave is reeling in Kenya after the high court allowed the Asset Recovery Agency (ARA), an agency that investigates and recovers proceeds of crime,…
FrontEdge Raises $10M Debt, Equity From TLG, Flexport To Facilitate Trade For African Exporters
By techtost.com
In Africa’s dynamic international trade landscape, one pervasive challenge looms large: Just 30% of transaction volume finds financial intermediaries in banks. This glaring funding gap disproportionately…
In 2016, Niklas Adalberth, co-founder of Klarna, exited the market now, pay later giant to found the Norrsken Foundationa non-profit organization based on the principles of…
Pricepallya Nigerian online grocer for fresh produce and packaged food, has raised $1.3 million in seed funding, backed by Samurai Incubate (a Japanese VC that also…