Tag: Investment News
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VC firm Founders Factory Africa secures $114 million to support African tech startups
Founders Factory Factory, a renowned venture capital company, has secured $114 million in funding to support and accelerate the growth of tech startups across Africa.
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Philips Foundation backs Egypt’s Rology with funding to bridge the healthcare gap in underserved communities
Egyptian health-tech startup Rology has secured funding from the Philips Foundation under a new partnership.
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BasiGo unveils revolutionary ‘E9 Kubwa’ electric bus model in Kenya
Kenyan electric vehicle (EV) manufacturer Basigo has introduced its highly anticipated E9 Kubwa electric bus model.
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Knife Capital closes $50 million Series B expansion fund to support African innovation
South African-based VC firm Knife Capital has closed its anticipated $50 million African Series B Expansion Fund.
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Mobility fintech Moove secures $76 million funding to drive global expansion
Moove, a leading technology-driven vehicle subscription platform, has raised an $76 million in its latest funding round consisting of $28m in equity from new and existing investors.
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20 African startups chosen for 4th Future is Female Mentorship Programme
The 4th edition of the “Future is Female Mentorship Programme” has unveiled its selection of 20 pioneering startups led by women entrepreneurs.
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Egyptian cybersecurity startup Buguard raises $500,000 seed round
Buguard, an innovative Egyptian cybersecurity startup, has announced the successful closure of its seed funding round.
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Kenya’s Lipa Later and Mastercard join forces to accelerate Buy Now, Pay Later solutions across Africa
Kenyan startup Lipa Later has entered into a strategic partnership with Mastercard to accelerate the adoption of Buy Now, Pay Later (BNPL) solutions throughout Africa.
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Kenyan fintech Melanin Kapital secures Pre-Seed funding from Adaverse Accelerator
Adaverse Accelerator, a prominent venture capital firm with a focus on fostering innovation across Africa, has Melanin Kapital with pre-seed funding.