Funding

Kenyan HR and Payroll Startup Workpay Secures $5 Million Series A Funding

The funding round was led by Norrsken22, a pan-African venture capital firm, with participation from global payment giant Visa and existing investors, including Y Combinator and Saviu Ventures.

by Joel Omulo

Kenyan HR and Payroll Startup Workpay Secures $5 Million Series A Funding

News Startup Updates Funding

Egypt's NoorNation Secures Investment from KBW Ventures

This strategic investment marks KBW Ventures’ first foray into the Egyptian startup ecosystem, signaling a significant endorsement of NoorNation’s innovative approach to decentralized energy and water infrastructure solutions.

by Joel Omulo

Egypt's NoorNation Secures Investment from KBW Ventures

News Funding

Nigeria’s Waza Secures $8 Million to Fuel Expansion and Trade Finance Solutions

Waza, a Y Combinator-backed B2B payment and liquidity provider, has taken a significant step forward in its mission to transform financial services in emerging markets. The company recently secured $8 million in equity and debt funding.

by Joel Omulo

Nigeria’s Waza Secures $8 Million to Fuel Expansion and Trade Finance Solutions

News Funding Resources

Hloolo Launches to Support Sustainable SMEs in South Africa

Hloolo, officially launched by Fetola in partnership with Nedbank, JP Morgan Chase, and the Embassy of Finland, represents the latest phase of the Circular Economy Accelerator (CEA), a multi-year initiative designed to cultivate a robust circular economy ecosystem in South Africa.

by Joel Omulo

Hloolo Launches to Support Sustainable SMEs in South Africa

News Funding Startup Updates

Open Access Energy Secures $750,000 Investment to Revolutionize South Africa’s Energy Sector

This pivotal funding is set to address the pressing energy challenges in the southern African region by enhancing the distribution and management of renewable energy resources.

by Joel Omulo

Open Access Energy Secures $750,000 Investment to Revolutionize South Africa’s Energy Sector

News Funding Companies

Egypt's Lucky ONE Secures $3 Million in Convertible Bond Funding to Expand Credit Platform

Lucky ONE, a prominent consumer finance company operating in Egypt and Morocco, has successfully raised $3 million in a convertible bond funding round. This significant investment aims to propel the company's growth and expansion plans.

by Joel Omulo

Egypt's Lucky ONE Secures $3 Million in Convertible Bond Funding to Expand Credit Platform

News Startup Updates Funding

Egypt's Qardy Secures Significant Pre-Seed Funding to Fuel Expansion

Egyptian lending startup Qardy has announced the successful closure of a significant seven-figure US dollar pre-seed funding round. This financial boost aims to support the company’s ambitious expansion plans.

by Joel Omulo

Egypt's Qardy Secures Significant Pre-Seed Funding to Fuel Expansion

News Funding Startup Updates

Kenyan Startups Secure Sh81 Million Boost from TRANSFORM Accelerator

In a significant boost for innovation in Kenya, five startups have been awarded a total of Sh81 million through TRANSFORM, an impact accelerator supported by Unilever, the British High Commission (BHC), and EY.

by Joel Omulo

Kenyan Startups Secure Sh81 Million Boost from TRANSFORM Accelerator

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