Category: New Investments
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Nigerian health-tech startup Clafiya raises $610,000 to reimagine healthcare service delivery in Africa
The funding round attracted participation from Norrsken Accelerator, Acquired Wisdom Fund (AWF), Hustle Fund, Voltron Capital, Microtraction, Ajim Capital, HoaQ, Bold Angel Fund, Shivdasani Family and other angel investors.
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Nigerian fintech startup Kuda hits 6 million customer milestone as it continues to redefine financial inclusion in Africa
Founded in 2019, Kuda has rapidly evolved into one of the most prominent fintech startups in Africa, offering innovative financial solutions and reshaping the way individuals access and manage their money.
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Egyptian fintech startup Money Fellows secures $4 million from Arzan Venture Capital
The strategic funding is set to accelerate Money Fellows’ mission of transforming traditional savings and credit associations through its innovative tech-driven platform.
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MyCover.ai, a Nigerian startup specializing in insurance technology solutions, has secured $1.25 million to disrupt the traditional insurance industry in Africa
Founded in 2021, MyCover.ai aims to disrupt the traditional insurance industry in Africa by leveraging cutting-edge technology to provide accessible, transparent, and personalized insurance products to individuals and businesses alike..
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Egyptian fintech startup Flash has raised $6 million in seed funding to expand its product offerings and accelerate its growth in Egypt and beyond
Founded in 2021, Flash offers cashless payment solutions through its scan-and-pay service, allowing consumers and businesses to make transactions conveniently using QR codes
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Rensource Energy, one of the leading Nigerian distributed energy services companies, has secured $15 million in funding from Afrigreen Debt Impact Fund SLP
The investment is set to fuel Rensource’s expansion plans and strengthen its position as a key player in the country’s solar energy market.
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Norfund makes the first two landmark direct investments in plastic recycling in Africa in Nigeria and Ghana
Norfund, the Norwegian Investment Fund for Developing Countries, has announced its first-ever direct investments in plastic recycling initiatives in Africa
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Moroccan proptech startup Agenz has secured $1.3 million pre-Series A funding
Moroccan proptech startup Agenz has secured $1.3 million pre-Series A funding.
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Propel, a Nigerian talent-matching startup that builds sustainable talent pipelines for communities, has raised $2.74 million in seed funding
Propel, a Nigerian talent-matching startup that builds sustainable talent pipelines for communities, has raised $2.74 million in seed funding