Kenyan electric bus maker - BasiGo - raises $3m to push expansion in East Africa
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BasiGo, a pioneering electric mobility startup based in Kenya, has secured $3 million in equity funding from French multinational CFAO Group. The…
Egyptian edTech startup - Sprints - raises $3m to expand its offerings
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Sprints, an Egyptian edtech company leveraging AI to bridge the tech talent gap, has secured $3 million in a bridge funding round…
Nigerian fintech startup - Zone - raises $8.5M to revolutionize payment infrastructure
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In a significant move that could reshape the payment landscape in Africa, Zone, a Nigerian fintech startup, has secured $8.5 million in…
Ilara Health secures $4.2m in funding to expand healthcare access in Kenya
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Ilara Health, a Kenyan healthtech startup, has raised $4.2 million in its pre-Series A funding round. The funding, according to the startup,…
African eyewear startup, Lapaire, raises $3m to drive expansion across the continent
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Lapaire, an African eyecare startup, has secured $3 million in new funding round to facilitate the expansion of its affordable vision services…
Nigerian crypto startup - Bitmama - in talks to acquire Payday
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Nigerian cryptocurrency exchange platform Bitmama is engaged in discussions to acquire fintech startup, Payday, in a deal reported to be valued at…
Cameroonian health startup - Waspito - raises $2.5M to expand access to health services
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Cameroonian digital health startup, Waspito, has secured $2.5 million in new seed funding to continue its expansion across Africa. The startup aims…
Norrsken22 closes $205M fund for African startups as growth-stage investments surge
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Norrsken22, an Africa-focused Venture Capital firm, has successfully closed its funding round at $205 million, surpassing its initial target by $5 million….
Nigerian Logistics Startup - TruQ - Wins TC Startup Battlefield Competition
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TruQ, a Nigerian logistics startup, has won the TC Startup Battlefield competition. The startup, which operates by streamlining mid-mile logistics in Africa,…