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Africa
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This Google-backed web3 startup unlocks $27M to transform gaming in Africa
The next five years will see 300 million new internet users in Africa, according to Alphabet CEO Sundar…
Nigerian agritech Releaf rakes in $3.3M to improve productivity in manufacturing
‘Releaf’, a Nigerian supply chain company that supplies foodstuffs to African factories, has raised $3.3M from Samurai Incubate…
Ex-JP Morgan banker-led Aruwa Capital Management closes its first fund at $20M to invest in female-led startups
Aruwa Capital Management, a Lagos-based impact investment firm, announced that it has closed its first institutional fund, exceeding…
Kenyan logistics SaaS Leta snaps $3M to help businesses optimise supply chain through AI
Leta, a Nairobi-based supply chain and logistics startup, has close a $3 million pre-seed equity round from various…
Egyptian fintech Money Fellows raises $31M to expand across Africa and Asia
Money Fellows, an Egyptian fintech platform, has announced the first close of its Series B round by raising…
Moove secures £15M to finance 10,000 EVs in London
Following a successful launch in August, Moove, an African mobility fintech that provides vehicle financing to drivers of…
Egyptian tech-focussed VC Algebra Ventures raises $100M in first close of its second fund
Algebra Ventures, a leading venture capital fund, has finalised a $100 million first close of its second Egypt-dedicated…
Serena William’s VC firm leads $12.3M round in YC-backed African fintech Numida
Reportedly, traditional financial services have forgotten a set of people from getting loans. Many fintechs have emerged in…
Nigeria’s ‘Amazon of food’ Vendease grabs $30M for its 12-hour delivery model
Africa’s restaurants and food businesses feed 700 million people across the continent daily. However, these businesses lose $100…