Tag: Investment News
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Pan-African VC Firm P1 Ventures Completes First Close of Second Fund at $25 Million To Invest in African Startups
P1 Ventures, a Pan-African seed venture capital fund, has announced the first close of its second fund at $25 million.
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Lupiya, Zambia’s Leading Neobank, Secures $8.25m in Series A Funding
Zambian fintech Lupiya has raised $8.25 million in a Series A funding round led by Alitheia IDF Fund, with participation from INOKS Capital SA and the German Investment Bank KfW DEG.
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Meet the 24 African Women Entrepreneurs Shortlisted for the 2023 AWIEF Awards
The Africa Women Innovation and Entrepreneurship Forum (AWIEF) announced the 24 finalists for its 2023 AWIEF Awards.
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Microsoft-backed FAST Accelerator Selects 12 African Startups for AI Program
The Microsoft-backed FAST (Foundation for African Startups and Technology) Accelerator has announced the selection of 12 promising startups from across Africa for its highly competitive AI program.
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Gates Foundation Funds 29 Healthcare Supply Chain Startups in Africa Through i3 Program
The Bill & Melinda Gates Foundation has announced that it will fund 29 healthcare supply chain startups in Africa.
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Ghanaian Agritech Startup, Complete Farmer, Raises $10.4 Million Pre-Series A Funding
Complete Farmer, a Ghanaian agritech startup, has secured $10.4 million in pre-Series A funding to streamline its operations and expand its reach.
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ANKA Secures $5M Pre-Series A Extension to Accelerate E-Commerce Growth in Africa
ANKA, an Ivorian SaaS e-commerce platform for African businesses, has raised $5 million in a pre-Series A extension round led by the International Finance Corporation (IFC) with participation from Proparco and Bpifrance.
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Turaco Acquires MicroEnsure Ghana to Boost Affordable Insurance Coverage in Africa
Turaco, Africa’s tech-enabled affordable insurance company, has acquired MicroEnsure Ghana from MIC Global.
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Nigerian Auto-Tech Startup Fixit45 Raises $1.9 Million Pre-Series Funding For Expansion
Nigerian auto-tech startup Fixit45 has raised $1.9 million in a pre-seed funding round for expansion.