Category: New Investments

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.

Standard Chartered Bank and WomHub have announced the launch of the second Women in Tech (WiT) Incubator Programme in South Africa.

Applications Open for Timbuktoo HealthTech Accelerator Program Offering $100K to Transform Healthcare in Africa

South African startup Omnisient has secured $7.5 million in Series A funding to accelerate its growth and expand its privacy-preserving data collaboration platform across Africa and beyond.

Rwandan electric motorcycle manufacturer Ampersand has announced a $2 million Series A extension, bringing its total funding to $21.5 million.

Kenyan social commerce startup, Sukhiba Connect, has secured a $1.55 million seed extension round, bolstering its efforts to expand its WhatsApp-based commerce platform across Africa and emerging markets.

Ghanaian-Ugandan fintech platform, Fido, has announced a significant boost to its operations with the successful acquisition of $10 million in Series B funding.

Uganda Telecommunications Corporation Limited (UTel) is poised to receive a significant financial boost with a $225 million investment from Rowad Capital Commercial (RCC) LLC.

Untapped Global, a leading impact investment firm, has announced a strategic investment in ElimuTab, a Kenyan educational technology startup.