Category: New Investments

Egyptian healthtech company i’SUPPLY has secured an undisclosed amount of funding in a pre-Series A round to fuel its expansion plans and bolster its offerings for small and medium-sized pharmacies.

Mastercard has announced a $2.04 million investment in a partnership with Wowzi, Africa’s leading influencer marketing platform, and Masria Digital Payments (MDP) to empower African creators.

The European Investment Bank’s (EIB) global development arm, EIB Global, has committed €25 million to Amethis Fund III, a pan-African private equity fund.

Elevate, a fintech company specializing in US banking services for non-resident remote workers, announced today the closing of a $5 million equity-debt pre-Series A funding round led by Negma Ventures, a Dubai-based investment firm.

LAfricaMobile, a leading provider of cloud communication and mobile marketing solutions, has secured €4.3 million in Series A funding.

YoLa Fresh, a Moroccan agritech startup that connects smallholder farmers directly with traditional fruit and vegetable retailers, has secured $7 million in pre-Series A funding.

Orange Ventures, the investment arm of Orange Group, and Digital Africa, a pan-African organization fostering digital entrepreneurship, have announced a new co-investment initiative for startups emerging from the “Orange Digital Centres” network.

Orca, a South African startup tackling fraud in emerging markets, has successfully secured $550,000 in a pre-seed funding round.

The US International Development Finance Corporation (DFC) has unveiled a new $250 million financing package aimed at enhancing digital connectivity and e-mobility in Kenya.