FUNDING
Moment Raises $22 Million to Expand Payment Infrastructure Across Africa
Pan-African fintech company Moment has raised $22 million (about R364 million) in a Series A funding round as it loo…
FAPOHUNDA GRACE
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FUNDING
FUNDING
Raxio Secures Over US$380 Million to Expand Data Centre Network Across Africa
Raxio Group, Africa's most expansive data centre platform, has surpassed US$380 million in committed capital a…
Precious Chukwudi
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FUNDING
Nigerian Footwear Startup Yikodeen Secures $1.5 Million to Scale Local Manufacturing
Nigerian safety footwear manufacturer Yikodeen has secured a $1.5 million follow-on investment from Aruwa Capital Man…
Precious Chukwudi
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FUNDING
Cascador Just Quietly Funded 7 Nigerian Founders With ₦7.7 Billion
At a time when Nigerian startup funding has dropped 28 percent this year, Cascador walked into a room in Lagos on Jun…
Precious Chukwudi
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FUNDING
Wasoko Co-Founder Launches $100 Million Africa Jobs Fund to Drive Employment Through Manufacturing and Labour Mobility
Eid Mubarak to all our readers celebrating today. Daniel Yu, co-founder of B2B e-commerce platform Wasoko, has laun…
Precious Chukwudi
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FUNDING
Redtech Makes Financial Times Africa's Fastest Growing Companies List Ahead of Planned $100 Million Series A
Redtech, the fintech company backed by Tony Elumelu's Heirs Holdings, has debuted on the Financial Times Africa&#…
Precious Chukwudi
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FUNDING
Paymentology Raises $175 Million to Modernise the Payment Card Infrastructure Powering African and Global Fintechs
Paymentology, the global issuer-processor whose technology powers card programmes for some of Africa's largest mo…
Precious Chukwudi
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FUNDING
Cauridor Secures $2 Million from Proparco to Scale Remittance Infrastructure Across Africa
Africa's remittance market is valued at $54 billion annually, yet sending money across its borders remains one of…
Precious Chukwudi
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FUNDING
Enko Capital Launches $100 Million Fund to Support Africa’s Green and Agricultural Sectors
Enko Capital, an Africa-focused investment management firm, has secured US$100 million at the first close of its Enko…
Oreoluwa Ayannubi
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FUNDING
IFC Eyes Up to $7 Million Investment in Moroccan PropTech Startup Yakeey to Boost Digital Real Estate
Casablanca, Morocco – Moroccan property technology startup Yakeey has announced plans to raise up to $7 million in S…
Oreoluwa Ayannubi
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FUNDING
AAF Raises $55 Million to Back Early-Stage Startups and Emerging Fund Managers
AAF Management Ltd. has announced the close of a new $55 million hybrid fund, The Axis Fund , aimed at investing in ea…
Oreoluwa Ayannubi
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FUNDING
Chocolate City Launches $1M Fund to Back Nigeria’s Creative Startups
Chocolate City, one of Nigeria’s most influential entertainment companies, has launched a $1 million Founders Fund ai…
Oreoluwa Ayannubi
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FUNDING
New $1.4M Fund Targets Early-Stage African Startups Under Pharos of Alexandria Ventures
Pharos of Alexandria Ventures , founded by South African entrepreneur Alexandria Procter , has launched a new R25 milli…
Oreoluwa Ayannubi
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FUNDING
Lisk Sets Up $15M EMpower Fund for Web3 Startups in Emerging Markets
When you think of the next billion-dollar Web3 startup, you probably imagine it coming from Silicon Valley or Singapor…
Oreoluwa Ayannubi
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