Category: New Investments

Egypt-based B2B payment platform, SETTLE, has secured $2 million in a pre-seed funding round.

Foodpreneurs Hub, a Nigerian-founded foodtech platform, has announced a successful pre-seed funding round of $500,000.

South African fintech startup Happy Pay has secured R32 million ($1.8 million) in pre-seed funding to fuel its growth and expand its Buy Now, Pay Later (BNPL) offerings.

Algeria-based edtech startup LabLabee has secured $3.4 million in seed funding to accelerate the adoption of 5G, cloud, and AI technologies in the telecom and industrial sectors.

The Mastercard Foundation has announced a significant expansion of its partnerships with the Campaign for Female Education (CAMFED) and the Forum for African Women Educationalists (FAWE) to support young women and girls in Africa.

Nigerian healthtech company, Field, has introduced a groundbreaking service aimed at addressing critical health challenges in maternal mortality, newborn and child health, and nutrition.

Egypt-based fintech startup Paymob has announced a successful extension of its Series B funding round, securing an additional $22 million.

FSDAi Nyala Facility BV, a venture established by FSD Africa Investments, has announced a US$1 million investment in First Circle Capital Africa Fund I.

Early-stage venture capital firm Launch Africa Ventures has launched its Mezzanine Impact Fund, a new initiative aimed at providing growth capital to technology companies in Africa and the Gulf Cooperation Council (GCC) region.