Funding

Breega Launches $75 Million Fund to Support Early-Stage African Startups

This $75 million fund is focused on investing in early-stage companies across the African continent, reflecting Breega's commitment to fostering innovation and growth in emerging markets.

by Joel Omulo

Breega Launches $75 Million Fund to Support Early-Stage African Startups

News Startup Updates Funding

Nigerian Fintech Regxta Triumphs at Pitch2Win Startup Competition

Nigerian fintech enterprise Regxta has won the prestigious Pitch2Win competition, securing a substantial reward of US$10,000 in funding with no equity requirements.

by Joel Omulo

Nigerian Fintech Regxta Triumphs at Pitch2Win Startup Competition

News Startup Updates Funding

Congolese Startup Noki Noki Secures $3 Million Seed Funding

The startup, known for its food delivery and supermarket shopping services, plans to use this investment to strengthen its presence in its existing markets and to establish a foothold in new markets, including the Democratic Republic of Congo (DRC).

by Joel Omulo

Congolese Startup Noki Noki Secures $3 Million Seed Funding

News Startup Updates Funding

South African Biotech Startup Immobazyme Closes Funding Round, Reaches R24.5 Million

Stellenbosch-based biotechnology startup Immobazyme has successfully closed its latest funding round, bringing its total investment to R24.5 million. This new capital injection will allow the company to expand its facilities and enhance its production capabilities.

by Joel Omulo

South African Biotech Startup Immobazyme Closes Funding Round, Reaches R24.5 Million

News Companies Funding

Africa Data Centres Secures Over $109 Million to Expand Operations

Africa Data Centres (ADC), a division of the Cassava Technologies group, has secured over $109 million in funding, marking a significant milestone in its expansion efforts in South Africa.

by Joel Omulo

Africa Data Centres Secures Over $109 Million to Expand Operations

News Companies Funding

SA's TymeBank's Strategic Expansion: Plotting a $150 Million Series D Round

South African digital challenger TymeBank is setting the stage for significant growth with plans to raise $150 million in a Series D funding round, ahead of an anticipated initial public offering (IPO) in 2028.

by Joel Omulo

SA's TymeBank's Strategic Expansion: Plotting a $150 Million Series D Round

News Companies Funding

Safaricom and Pezesha Launch New Loan Service for Small Businesses

This service, named Mkopo wa Pochi, expands Safaricom's portfolio of financial products, which already includes M-Shwari and Fuliza. The new offering will allow small business owners to access loans directly through their M-PESA business accounts.

by Joel Omulo

Safaricom and Pezesha Launch New Loan Service for Small Businesses

News Companies Funding

Alma Clinics Secures $2.8 Million to Expand Nurse-Driven Healthcare Network in South Africa

Alma Clinics, a pioneering South African network of nurse-led primary healthcare facilities, has received a significant $2.8 million investment from IDF Capital via the Alitheia IDF Fund (AIF).

by Joel Omulo

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