Social commerce startup - Tushop - eyes Kenyan expansion; raises $3m pre-seed funding
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Kenyan-based social commerce startup, Tushop, has completed its pre-seed funding round, raising $3 million from a long list of investors. The startup,…
Credpal, a Nigerian-based digital lending platform, raises $15m to scale its BNPL services
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Buy-now-pay-later (BNPL) services have been thriving in parts of Africa, and expected to grow even further by about 59.3%, according to reports….
Kenyan Fintech startup - Churpy - raises $1m to scale expansion into different African regions
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Kenyan-based Fintech startup, Churpy, has announced the completion of its seed funding round, raising $1 million from series of investors. The startup,…
Lucky, an Egyptian fintech startup, raises US$25 million in its series A funding round
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Egyptian-based Fintech company, Lucky, has closed a $25 million Series A funding round. Lucky, which was founded in 2018, is a super…
Agritech startup - Apollo Agriculture - raises $40 million; to provide loan support to African farmers
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Agriculture is one of the most important sectors in the world. Many economies of the world depend on the proceeds from agriculture…
Hence raises $1.8 million in its seed funding round; eyes major expansion
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Hence Technologies, a Kigali-based startup that uses artificial intelligence to link those who need legal services to legal service providers, has raised…
Kenya's 4G Capital to create improved loan facility for SMEs after closing $18.5m Series C funding round
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Fintech company, 4G Capital, is renowned for providing credit facilities to small and micro businesses. The startup, which is based in Kenya,…
Heetch moves to rejig ride-hailing services in Senegal; eyes Côte D'Ivoire
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The growth of ride-hailing services has been impressive in a handful of West African countries, especially, Nigeria and Ghana. However, the growth…
YC-backed startup - Curacel - launches API tool that allows tech companies offer insurance products
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As a result of the widespread usage of smartphones, and the increasing internet penetration experienced in Africa, digital products are increasingly getting…