Category: New Investments

Kenyan agritech startup Shamba Pride has secured a $3.7 million pre-Series A funding round.

Days after getting a $30 million commitment from the European Investment Bank, Seedstars Africa Ventures has received another $10.5 million investment from the African Development Bank (AfDB).

Egyptian fintech Zeal has secured a $4 million investment, led by Raed Ventures and Cur8 Capital.

Ezdehar investment fund has injected $10 million into Yodawy, a pioneering Egyptian health-tech platform.

Egyptian logistics startup Bosta is gearing up for further expansion after securing a fresh investment from Axian Group, a pan-African group and investment firm.

Dawa Mkononi, a Tanzanian tech company revolutionizing medicine distribution in East Africa, has secured funding from esteemed investors like Sanofi, Pontem Ventures, and Villgro Africa.

Lapaire, the African eyewear startup providing stylish and affordable glasses to the continent, is scaling up its vision with a fresh $3 million investment.

Norrsken has opened applications for its Norrsken Accelerator program.

European Investment Bank (EIB) Global has injected $30 million into Seedstars Africa Ventures I, a venture capital fund empowering African startups and businesses through risk capital.