Tag: Investment News
-
Nigerian Embedded Finance Platform Anchor Raises $2.4 Million in Seed Funding for Expansion
Nigerian fintech startup Anchor has successfully secured $2.4 million in seed funding to further its mission of transforming the financial landscape in Nigeria.
-
Ugandan Fintech Asaak Acquires Mexican Startup FlexClub to Expand into Latin America
Asaak, a leading Ugandan fintech company, has acquired FlexClub, a Mexican startup that provides car financing for Uber drivers.
-
Uber Launches Its First Electric Motorbikes in Africa in Nairobi, Kenya
Ride-hailing giant Uber has launched an electric motorbike service in Kenya, its first in Africa.
-
Black Ostrich Ventures Launches $20M Fund to Back African Startups Outside of the ‘Big Four’
Black Ostrich Ventures, a US-based venture capital firm, has launched a $20 million fund to invest in startups outside of the four major African markets: Nigeria, South Africa, Egypt, and Kenya.
-
Moroccan Edtech Startup Smartprof Secures Funding Boost to Expand Operations
Smartprof, a Moroccan Edtech startup that has developed an online platform for connecting students with tutors, has received a new funding boost to accelerate its growth.
-
South African Insurtech Startup LeaseSurance Raises Seed Funding to Drive Growth
LeaseSurance, a South African insurtech startup that has developed a platform to replace security deposits in rental real estate, has raised $161,000 in seed funding.
-
USAID Launches $49 Milion Healthcare Project in Ethiopia
The United States Agency for International Development (USAID) has launched a $49 million healthcare project in Ethiopia.
-
Moroccan Healthtech Firm Sobrus Expands to France to Deliver Healthcare Solutions on Global Scale
Moroccan health-tech firm Sobrus has announced a significant expansion into the French market after achieving a remarkable milestone of surpassing $500 million in transaction volumes.
-
Egyptian Incubator Flat6Labs Launches Accelerator Programme For Construction-Tech Startups
Flat6Labs, Egypt’s premier startup accelerator and seed investor, has announced the launch of an accelerator programme exclusively tailored for construction technology startups.