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Nigerian payment service provider Nomba has raised a $30 million Pre-Series B funding round to enable businesses to easily and securely receive customer payments across Africa
The funding round was led by San Francisco-based Base10 Partners, with participation from Partech, Khosla Ventures, Helios Digital Ventures and Shopify. Founded in 2016, Nomba is creating tools for businesses to manage sales, money and payments without hurdles. The startup is on a mission to build an ecosystem that simplifies how businesses accept payments, make payments and manage operations.
Nomba intends to invest the new funding in delivering tailored payment and operational solutions designed for specific businesses, including food companies, restaurants, logistics and transport companies, to plug gaps in their payment processes.

French venture capital firm Ring Capital has launched Ring Africa, a €50 million impact investment fund dedicated to supporting early-stage startups in French-speaking West Africa.

Arnergy, a Nigerian cleantech startup specializing in distributed renewable energy solutions, has raised $3 million in a bridge round led by All On, an off-grid energy impact investment company supported by Shell.

South African healthtech startup Mia Healthcare Technologies has raised R15 million (approximately US$910,000) from the Vumela Fund, a venture capital fund managed by Edge Growth, to expand affordable dental and orthodontic services across Southern Africa.