Insurance technology company, Turaco has raised $10 million in series A funding. This was led by AfricInvest via its Cathay Africinvest Innovation Fund (CAIF) and second time investor, Novastar ventures.
Kenya-based electric vehicles startup, BasiGo, which provides clean-energy mass transit vehicles, has closed a $4.3 million seed funding barely three months after commencing operations in the East African powerhouse.
