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Author: Fred Kennedy
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Cauris Finance Secures $40 Million Debt Facility to Back African Fintechs
Cauris Finance, an Africa-focused impact credit fund, has successfully closed a $40 million debt facility with a U.S.-based institutional investor.
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Nigerian Fintech Billboxx Raises $1.6 Million Pre-Seed Funding to Support SME Growth
Billboxx, a Nigeria-based financial technology company specializing in invoicing and cash flow management for small and medium-sized enterprises (SMEs), has raised $1.6 million in a pre-seed funding round.
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Camco Announces First Close of $107 Million for Decarbonizing Africa’s Energy Grid Through REPP 2 Fund
Camco, a prominent climate and impact fund manager, has announced the first close of $107 million for its Renewable Energy Performance Platform 2 (REPP 2) debt fund, with an additional $78 million pledged pending certain conditions.
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LAfricaMobile Closes its $7 Million Series A Funding to Drive Cloud Communication and AI in Africa
LAfricaMobile, a leader in cloud communication and artificial intelligence (AI), has successfully closed its Series A funding round, raising a total of €6.5 million ($7 million).
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Kelvin Umechukwu: Pioneering Digital Transformation for African Entrepreneurs
Kelvin Umechukwu is a Nigerian tech entrepreneur and community builder who advocates for digital innovation in Africa’s small business sector.
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Senegal-Based Eyone Secures $1 Million to Boost Digital Health Across Africa
Digital health startup Eyone, based in Senegal, has raised $1 million in funding to strengthen its position in the industry and advance its expansion throughout Africa.
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Nigerian-Founded Startup Moove Partners with Waymo to Launch Operations in the US
Nigeria-founded mobility startup Moove has entered into a strategic partnership with Waymo, a global leader in autonomous driving technology, to establish operations in the United States.
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UK E-Mobility Startup OX Delivers Announces $163 Million Multi-Year Agreement to Expand in East Africa
UK-based e-mobility startup OX Delivers has signed a $163 million deal to establish its first franchise partner in East Africa.
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Tunisian Startup Konnect Secures Funding From Renew Capital to Scale Digital Payment Solutions in North Africa
Tunisian fintech startup Konnect has secured funding from Renew Capital, an Africa-focused impact investment firm, to support its expansion efforts.