Funding

Revolutionizing Corporate Spending: Bujeti Secures $2M in Seed Funding

Bujeti, the innovative fintech startup, has successfully secured $2 million in seed funding. This substantial investment, spearheaded by renowned accelerator Y Combinator, positions Bujeti to revolutionize the landscape of corporate finances across the continent.

by Joel Omulo

Revolutionizing Corporate Spending: Bujeti Secures $2M in Seed Funding

News Funding Growing

Egyptian Online Car Parts marketplace Mtor Secures $2.8M in Pre-Seed Funding

Egyptian online car parts marketplace Mtor has successfully raised $2.8 million in pre-seed funding. This substantial investment is poised to propel Mtor's mission to expand its product suite and usher in a new era of digitization for local car workshops.

by Joel Omulo

Egyptian Online Car Parts marketplace Mtor Secures $2.8M in Pre-Seed Funding

News Funding

Wic Capital Secures $1 Million Funding for Expansion in Senegal and Côte d'Ivoire

Wic Capital, a Senegalese fund dedicated to investing in women-owned businesses, has secured a $1 million loan from the FSDAi Nyala Facility. This financial boost is strategically aimed at supporting Wic Capital's ambitious expansion plans in Senegal and Côte d'Ivoire.

by Joel Omulo

Wic Capital Secures $1 Million Funding for Expansion in Senegal and Côte d'Ivoire

News Funding

Nasir El-Rufai's Visionary Move: Launching a $100 Million Venture Capital Initiative

After an impactful eight-year tenure as the governor of Kaduna State, Nasir El-Rufai is gearing up for a groundbreaking initiative — a $100 million venture capital fund, to catalyze and amplify startup investments in Nigeria.

by Joel Omulo

Nasir El-Rufai's Visionary Move: Launching a $100 Million Venture Capital Initiative

News Startup Updates Funding

tappi Secures $1.5M Pre-Seed Funding to Revolutionize Online Trust for African SMEs

tappi, an end-to-end digital commerce SaaS solution designed for small and medium-sized businesses (SMEs), has successfully raised $1.5M in an oversubscribed Pre-Seed funding round. This pivotal round was led by Mercy Corps Ventures and Chui Ventures.

by Joel Omulo

tappi Secures $1.5M Pre-Seed Funding to Revolutionize Online Trust for African SMEs

News Funding Growing

Empowering Collaboration: Cynoia Secures $930K for West African Expansion

Tunisian startup Cynoia has successfully raised EUR850,000 (US$930,000) in funding. This funding injection is earmarked for the startup's ambitious expansion plans into the West African Economic and Monetary Union (UEMOA).

by Joel Omulo

Empowering Collaboration: Cynoia Secures $930K for West African Expansion

News Startup Updates Funding

AltSchool Africa Secures Backing from Rwanda's $30 Million Tech Fund

AltSchool Africa, a leading Nigerian EdTech startup often likened to the renowned US coding bootcamp BloomTech, is set to receive strategic support from Intellecap. This partnership comes amid Rwanda's significant strides in establishing a $30 million tech fund.

by Joel Omulo

AltSchool Africa Secures Backing from Rwanda's $30 Million Tech Fund

News Funding Companies

World Bank's $50 Million Injection: Boosting Kenyan SMEs Towards Growth

Kenyan small and medium-sized enterprises (SMEs) with promising prospects are in the spotlight, thanks to the World Bank's ambitious funding initiative totaling Sh7.7 billion ($50 million).

by Joel Omulo

World Bank's $50 Million Injection: Boosting Kenyan SMEs Towards Growth

Subscribe to see what we're thinking

Great!