Funding

Partech, a global investment firm, marks a significant milestone with the final closing of its second Africa-focused fund, Partech Africa II, securing an impressive €280M ($300M+).

Tunisian startup Cynoia has recently announced securing a substantial USD 930 K funding round, with its sights set on growth, Cynoia is strategically targeting the West African Economic and Monetary Union (UEMOA) markets, particularly focusing on Senegal and Ivory Coast for its expansion efforts.

Ghanaian tech talent startup Remoteli has secured a significant funding injection of $315,000 from Dutch professional footballer Jeremie Frimpong. This investment aims to propel Remoteli's mission of revolutionizing the African employment landscape.

Nigerian-born mobility fintech startup Moove has taken a significant step forward in its expansion efforts with the announcement of $10 million in new debt funding from Stride Ventures.

Logidoo, a rising star in African logistics and e-commerce, has secured a significant milestone with a $1.55 million seed funding round. This investment, led by esteemed venture capitalists, validates Logidoo's innovative approach to revolutionizing Africa's logistics sector.

Renew Capital, represented by Blessing Layee-Maima Caine, serves as an investment partner for Sawa Energy. Praising the company's innovative approach, Renew Capital is enthusiastic about supporting Sawa Energy's mission to enable businesses to thrive sustainably and cost-effectively.