Africa-Focused VC Firm - Atlantica Ventures - Raises US$50 million for Tech Investments
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Africa-focused VC firm, Atlantica Ventures, has put together a $50 million fund. The venture capital firm plans to invest the funds in…
Japanese VC Company - Samurai Incubate - Raises US$18 Million to Support African Start-ups
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Japanese venture capital company, Samurai Incubate, recently announced that it has raised US$18.2 million (2 billion Yen) to support startups in Africa….
Uber and Bolt Drivers Begin Strike To Protest Increase in Cost of Maintenance
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Uber and Bolt drivers in Nigeria, under the aegis of Professional E-hailing Drivers and Partners Association (PEDPA), have embarked on an industrial…
Numida, an Ugandan Fintech Start-up, Raises US$2.3 Million to Drive African Expansion
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Numida, and Ugandan Fintech start-up that provides unsecured digital loans to small businesses in African, has closed a seed funding round of…
Nairobi-based Fintech Start-up - Tanda - is Working on Regional Expansion, after Closing a Funding Round
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Kenyan-based Fintech service provider – Tanda – after securing an undisclosed amount of funding, has announced its decision to push for operational…
Fintech Software Provider - Appzone - Raises US$10 Million in Series A Funding
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Nigerian-based fintech software provider, Appzone has joined the list of African countries pushing fronts to establish its presence, and bringing investment capital…
Nigerian Digital Learning Start-up - ScholarX Wins GSMA Innovation Fund
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Nigeria’s Digital learning provider, ScholarX, has announced that it has been selected among nine grantees for the GSMA Innovation Fund for Mobile…
Ugandan Start-up - Tugende - Raises $3.6 Million in Series A Round
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Ugandan-based asset finance startup, Tugende, has secured an additional $3.6m equity funding to close off its Series A round. The funding round…
AI-Powered Insurtech Start-up - Curacel - Raises US$450K Pre-seed Funding
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Nigerian artificial intelligence insurtech start-up, Curacel, has raised $450,000 pre-seed funding. The funding round was led by Atlantic Ventures and Consonance. Other…