CinetPay, an Ivorian fintech company that enables merchants in Francophone Africa to seamlessly accept and make payments, has announced a $2.4 million seed fundraising round from 4DX Ventures and
US-based digital infrastructure company, Equinix, has announced its expansion into Africa through its planned acquisition of MainOne, a leading West African data center and connectivity solutions provider, with a presence
TradeDepot, a Nigeria- and U.S.-based company that connects consumer goods brands to thousands of retailers and helps out with distribution, has raised $110 million in new equity and
Shuttlers, a Nigerian tech-enabled shared mobility startup has raised $1.6 million in seed funding to scale its operations across cities in Africa.
The investment round was led by Chicago
Zembo, a French startup with operations in Uganda, has raised $3.4 million to help grow its electric motorcycle business in Kampala, Uganda.
Mobility 54 Investment SAS, a corporate venture
Root, a Cape Town-based low-code insurance platform start-up, has closed a $3 million seed funding round to help expand its infrastructure build to support the digital insurance economy.
Primary backers
Egypt-based grocery delivery startup, Breadfast has closed a $26 million Series A funding round co-led by Vostok New Ventures and Endure Capital.
Other investors who participated in the round include
Semicolon Africa, a Lagos-based EdTech startup, has closed a $1.2M Seed round of funding to increase its training, talent management, and project delivery capacity.
The oversubscribed seed round saw
Small businesses play a big role in creating jobs and building the economies of most emerging economies. In Nigeria, small businesses account for 96 per cent of companies, 84 per
Twiga, a Kenyan B2B agritech startup has announced the close of a $50 million Series C round, to drive its expansion in East Africa and other neighboring countries.
The startup
Flutterwave, an African fintech startup powering payment is seeking to raise a new funding round at a valuation of $3billion or more, according to Bloomberg. This new round is expected
South African edtech startup, d6 Group has raised an undisclosed amount in investment funding from Knife Capital, Hlayisani Growth Fund Stellenbosch, and NuState Ventures.
The cloud-based management and communication platform
