Investment News Archives - Page 103 of 117

Nigerian Automotive Startup Mecho Autotech Raises $2.4M Pre-Series A for Expansion

Sep 15, 2023

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Nigerian automotive startup Mecho Autotech has raised $2.4 million in pre-Series A funding to expand into wholesale spare parts distribution.

Ugandan Agritech Startup Emata Secures $2.4 Million Seed Funding to Expand Agri-Loan Offerings

Sep 15, 2023

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in New Investments

Ugandan agritech startup Emata has secured $2.4 million in seed funding to expand its agri-loan offerings across East Africa.

Kenyan Fintech Lipa Later Secures $5 Million Debt Funding to Expand

Sep 14, 2023

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in New Investments

Lipa Later, a Kenyan fintech startup that provides buy now, pay later (BNPL) financing solutions, has secured $5 million in debt funding.

Joliba Capital Raises $59 Million to Invest in West African SMEs

Sep 14, 2023

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in Key developments

Joliba Capital, a private equity firm focused on investing in SMEs in West Africa, has announced the first close of its Joliba Fund I at $59m.

Interswitch and Google Pay Partner to Enhance Digital Payments to Nigeria

Sep 12, 2023

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in Key developments

Interswitch, a leading payments company in Nigeria, has partnered with Google Pay to bring the popular mobile payment service to Nigeria.

South African Solar Startup Wetility Raises $48 Million For Expansion

Sep 10, 2023

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in New Investments

Wetility, a South African startup that offers solar energy solutions for households and businesses, has raised R903 million (~$48 million) in debt and equity.

Rentoza Secures $6M in Funding to Revolutionize African E-commerce

Sep 10, 2023

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in New Investments

Rentoza, a South African online subscription platform that allows users to rent electronics, furniture, and other home goods, has secured $6 million in funding.

FSD Africa Investments (FSDAi) Announces $19.5 Million Investment in African Climate Projects

Sep 10, 2023

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in New Investments

FSD Africa Investments (FSDAi), the investment arm of FSD Africa, has made a significant financial commitment of $19.5 million towards climate adaptation and climate-aligned infrastructure projects across Africa.