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Nigerian B2B marketplace startup Eze has raised $3.7m to revolutionize the African electronics market.
The funding round, led by Right Side Capital Management, attracted investments from C2 Ventures, Boro Capital, EVPI Investments, and several angel investors. Founded in 2020, the YC-backed startup aims to bridge the gap between the global technology landscape and African consumers by providing them with access to electronics at competitive prices.
With this substantial investment, the company intends to ramp up its operations, enhance its product offerings, and expand its reach across the continent. The company’s innovative business model leverages e-commerce platforms and localized retail outlets to reach consumers in both urban centres and remote areas.

Lingawa, a Techstars-backed edtech startup, has announced a strategic pivot from academic tutoring to African language learning, reflecting its mission to preserve and promote native languages.

TLcom Capital, a leading African venture capital firm, announced the final close of its second fund, TIDE Africa Fund II, at $154 million.

Kumulus Water, a Tunisian-French startup specializing in atmospheric water generation, has raised $3.5 million in seed funding to scale its technology that transforms air into safe drinking water.