M-KOPA announces a $75M Growth Equity Round
March 1, 2022
M-KOPA has today announced its $75M Growth Equity round*. The round was led by Generation Investment Management and Broadscale Group, with participation from new investors including LocalGlobe’s Latitude Fund and HEPCO Capital Management. M-KOPA’s existing…
Flutterwave valued at Over $3 billion in Latest round of venture funding
February 16, 2022
Flutterwave is now the highest valued African start-up after the latest round of funding. This Series D funding raised $250 million taking the company’s valuation to over $3 billion. The company says this latest round…
BasiGo Secures Over Ksh 450 Million in Seed Funding To Help Set up local assembly of electric buses in Kenya
February 9, 2022
The future is definitely electric, and this will be the case for all vehicles including the public transport sector. One company that is trying to achieve this is BasiGo. They refer to themselves as an…
Moove secures $10m financing From NBK Capital Partners
February 3, 2022
NBK Capital Partners Mezzanine Fund II has announced that it closed a $10 million financing facility with Uber’s exclusive vehicle supply partner in Africa, the mobility fintech, Moove. The innovative asset-backed venture debt marks the…
Kenyan logistics startup Amitruck raises $4m seed funding
February 3, 2022
Kenya-based digital trucking logistics startup Amitruck has secured $4 million in seed funding to expand its operations across Africa. The fundraising was led by Better Tomorrow Ventures (BTV), a San Francisco-based venture capital firm that…
TLcom Secures First Close of $150mn Pan-African Tech Fund
January 27, 2022
TLcom has today announced a first close of $70mn for its $150mn Africa focused tech fund, firmly positioning the investor to become the largest independent VC firm fully dedicated to the continent. With a first close…
Ventures Platform Secures First Close of US$40mn Pan-African Fund
December 20, 2021
Ventures Platform has announced the first close of its new US$40m Pan-African, early-stage fund to invest in market-creating innovations. With this close led by the Nigeria Sovereign Investment Authority (NSIA), the new fund features participation…
The Third Launchpad Accelerator Africa Class by Google to Start in April
March 20, 2019
Google has announced the third Launchpad Accelerator Africa class that will start on 1 April 2019. The Launchpad Accelerator was first announced in 2017 and is part of Google’s initiatives that support the African entrepreneurial…
Four Kenyan startups make it to Final Round of Visa’s Everywhere Initiative in Sub Sahara Africa
July 20, 2018
Leading fintech companies from the dynamic Sub-Sahara Africa (SSA) technology startup community have made it to the finals of Visa’s Everywhere Initiative, a global innovation program that tasks start-ups to solve commerce challenges of tomorrow,…