Funding

Egyptian-based Group-buying Startup Waffarha Secures Seven-Figure Seed Round

Egyptian-based group-buying startup Waffarha has successfully closed a seven-figure seed round, signaling a pivotal moment in its growth trajectory. The funding infusion will fuel the expansion of its technology infrastructure, talent acquisition, and geographic footprint.

by Joel Omulo

Egyptian-based Group-buying Startup Waffarha Secures Seven-Figure Seed Round

News Startup Updates Funding

Madica's Pre-Seed Investment Programme Invests in Three African Startups

Madica, an African-focused pre-seed investment programme, has announced its inaugural investments in three promising African startups: Kola Market, GoBEBA, and NewForm Foods.

by Joel Omulo

Madica's Pre-Seed Investment Programme Invests in Three African Startups

News Funding Companies

KCB Bank Gets €30 Million to fund women businesses in Kenya

Women entrepreneurs and startups in Kenya are poised to receive a significant boost with the announcement of a €30 million lending initiative. The funding will be channeled through KCB Bank's Female-Led and Made Enterprises (FLME) and KCB Foundation 2jiajiri propositions.

by Joel Omulo

KCB Bank Gets €30 Million to fund women businesses in Kenya

News Funding

Dexude Secures Funding to Revolutionize Education in Nigeria

Dexude, a pioneering edtech platform based in Nigeria, has achieved a significant milestone with the award of the prestigious Business Finland TEMPO funding. This funding injection represents a pivotal moment in Dexude's journey towards revolutionizing education.

by Joel Omulo

Dexude Secures Funding to Revolutionize Education in Nigeria

News Funding

Empowering Early-Stage Innovation: Egypt's Beltone Venture Capital and CI Venture Capital Join Forces

Egypt-based VC fund Beltone Venture Capital (BVC) has forged a groundbreaking partnership with CI Venture Capital, a subsidiary of UAE's investment group Citadel International Holdings.

by Joel Omulo

Empowering Early-Stage Innovation: Egypt's Beltone Venture Capital and CI Venture Capital Join Forces

News Companies Funding

Pioneering Sustainability in Lab-Grown Diamonds: WeCare's Milestone with $350,000 Funding

Saad Kassis Mohamed, leading WeCare Foundation, proudly announces the successful raise of $350,000 dedicated to advancing research and development in lab-grown diamonds. This funding marks a pivotal moment in WeCare's commitment to fostering sustainability and progress within the industry.

by Joel Omulo

Pioneering Sustainability in Lab-Grown Diamonds: WeCare's Milestone with $350,000 Funding

News Funding

Pioneering Financial Revolution: Egypt’s Bokra $4.6 Million Pre-Seed Triumph

Cairo-based fintech Bokra announces the closure of its $4.6 million pre-Seed round. Led by DisrupTech Ventures and SS Capital, alongside other esteemed investors, Bokra is poised to revolutionize the financial landscape by offering pioneering goal-based investment.

by Joel Omulo

Pioneering Financial Revolution: Egypt’s Bokra $4.6 Million Pre-Seed Triumph

News Funding Startup Updates

Charting New Horizons: TLcom Capital Closes $154M Fund to back Early-stage Startups in Africa

TLcom Capital, a prominent VC firm with a stronghold in Lagos and Nairobi has successfully concluded fundraising for its second fund, TIDE Africa Fund II, amassing a substantial sum of $154 million.

by Joel Omulo

Charting New Horizons: TLcom Capital Closes $154M Fund to back Early-stage Startups in Africa

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