Egyptian leading automotive marketplace, Contactcars.com has announced the acquisition of Sa3ar Technology Solutions, car valuation technology and a dealer-specific auction platform
Sa3ar was founded by Adham Hosny and Hussein
Moroccan logistics startup, Cloud Fret, has announced it secured $390k from Azur Innovation Fund.
Cloud Fret was founded in 2020 by Driss Jabar, the startup is dedicated to connecting loaders
Smart Cities Innovation Program (SCIP) has announced the thirty-one African tech startups that have been selected to take part in the Smart Cities Innovation Programme, which aims to help selected
Pan-African Edtech startup eLearnAfrica has partnered with the Association of African Universities (AAU) to design, build and deploy learning management systems across the continent, giving university students access to free
South African payroll software startup HelloHR has announced it secured an undisclosed amount of funding from the Mauritius-based Finclusion Group.
HelloHR was founded by Bernard Bravenboer to make handling payroll
South African Agri-fintech startup HelloChoice has announced it secured an undisclosed amount of investment from Standard Bank.
The investment from Standard Bank comes with a 25% equity stake in the
Egypt-based social commerce startup Brimore has announced that it has finalized a $3.5m investment from e-payments solutions and banking services provider Fawry.
Brimore was founded in 2017. The startups
Cairo-based e-commerce startup Shiphaly, which connects shoppers and travelers, has announced it raised undisclosed six-figure amounts from Saudi Arabian and Egyptian angel investors.
The round was led by Faisal Abdulsalam,
Ugandan solar startup gnuGrid has announced the increase of its seed funding round to $612,500 as it accelerates plans to offer Fintech services in the region.
gnuGrid was launched
Shell-backed impact investment firm All On has announced a $2m investment in fintech firm Infibranches Technologies Limited as it bid to bridge the energy distribution gap in Nigeria.
Infibranches Technologies
Less than a month after securing Egypt’s second banking agent license, Egyptian Fintech startup Dopay, has announced it raised $18m in a Series A round.
The round was led
Kenyan church-focused Fintech startup Jumuisha, has announced it raised an undisclosed amount in a seed funding round to help it scale.
The funding came from Austin based SprintX Venture Studio.