The Empower Africa Business Platform is Now Live !!!
Nigerian payment service provider Nomba has raised a $30 million Pre-Series B funding round to enable businesses to easily and securely receive customer payments across Africa
The funding round was led by San Francisco-based Base10 Partners, with participation from Partech, Khosla Ventures, Helios Digital Ventures and Shopify. Founded in 2016, Nomba is creating tools for businesses to manage sales, money and payments without hurdles. The startup is on a mission to build an ecosystem that simplifies how businesses accept payments, make payments and manage operations.
Nomba intends to invest the new funding in delivering tailored payment and operational solutions designed for specific businesses, including food companies, restaurants, logistics and transport companies, to plug gaps in their payment processes.

Development Partners International (DPI), a major private equity investor, has raiseda new venture capital platform aimed at supporting technology startups across Africa.

Tanzanian agritech startup MazaoHub has secured US$2 million in an oversubscribed pre-seed round to accelerate its mission of transforming smallholder farming through a blend of artificial intelligence and hands-on agronomy.

Egypt’s Breadfast, a Cairo-based e-commerce and quick-commerce platform, has raised $50 million in a pre-Series C funding round from a group of prominent regional and international investors as it gears up for broader expansion and a larger financing round expected in the first half of 2026.