Category: New Investments

Kenya-based HR and payroll platform Workpay has secured a $5 million Series A funding round led by Norrsken22.

Egypt-based climate-tech startup, NoorNation, has secured an undisclosed investment from KBW Ventures, a venture capital firm founded by Saudi Prince Khaled bin Alwaleed.

Egypt’s T-Vencubator, a prominent venture capital firm and incubator, has unveiled its initial investment program, which aims to back five startups by 2025.

Waza, a Nigerian fintech startup specializing in B2B payments and liquidity solutions for emerging markets, has raised $8 million in a combination of equity and debt financing.

Ecobank, a leading pan-African banking group, has unveiled the twelve finalists vying for the US$50,000 grand prize in its seventh annual Fintech Challenge.

The KawiSafi Fund is set to receive a significant boost of $10 million from the African Development Bank Group (AfDB) to support climate-focused businesses in Africa.

Open Access Energy (OAE), a South African energy management software startup, has secured a substantial boost to its operations.

Seven promising South African tech startups have been chosen to participate in the third Irish Tech Challenge South Africa.

South African startup accelerator, Founders Factory Africa, has undergone a significant transformation, rebranding as 54 Collective.