Cairo-based B2B e-commerce marketplace Fatura has raised $3 million in a pre-Series A co-led by Sawari Ventures and Arzan Venture Capital, it announced today. Egypt Ventures, EFG-EV, Cairo Angels, and …
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Entrepreneurship
For most startups, the hardest early challenge is identifying a market and a product to serve it. That wasn’t the case for Nubank CEO David Velez, who understood the massive …
Fraud safety startup nSure AI has raised $6.8 million in seed funding, led by DisruptiveAI, Phoenix Insurance coverage, AXA-backed enterprise builder Kamet, Moneta Seeds and personal buyers. The spherical will …
- Banking, Finance & InvestmentEntrepreneurship
Speedaf express Announces Completion of Round A+ Financing to Build a Leading China-Africa Express Brand
Speedaf express a leading China-Africa integrated logistics service provider, officially announced the completion of its Round A+ financing. This round of financing was led by TRUSTBRIDGE, followed by northern light …
Africa’s Business Heroes joins other partners from across Africa to identify and support talented African entrepreneurs for the 2021 prize competition; this is as a result of a strong level …
- Banking, Finance & InvestmentEntrepreneurshipWestern Africa
Tony Elumelu Foundation, DEG Partner to Empower 200 Additional Entrepreneurs Across Africa
The Tony Elumelu Foundation (TEF), Africa’s leading philanthropy empowering young African entrepreneurs from all 54 African countries, has partnered with DEG, the German development financial institution supporting the private sector …
- ChipperEntrepreneurship
African fintech startup, Chipper cash reaches Unicorn status, secures $100m in Series C round
Chipper Cash, a fintech startup that facilitates cross-border payment across Africa has raised $100 million in a Series C round led by Silicon Valley Bank’s investment arm. Joining SVB Capital …
- EntrepreneurshipWestern Africa
Nigeria’s Mono raises millions to power the internet economy in Africa
API fintech startup, Mono, has announced a raise of $2 million in seed funding to power the internet economy in Africa. The investment comes nine months after the company raised …
South African fintech startup Ukheshe Technologies has announced that it will be expanding its footprint into the Asia-Pacific region as it introduces innovative digital-first payment solutions. The startup says it …
Mazi is an electric mobility startup Venture builder Satgana announced its first portfolio startup from Nairobi, Kenya, Mazi Mobility, to address the public transport industry’s issues by electrifying the motorcycle …