Tag: Investment News
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Nigerian fintech Moniepoint acquires Kenyan startup Kopo Kopo
Moniepoint Inc., a Nigerian fintech company, has received regulatory approval to acquire Kopo Kopo, a Kenyan credit startup. The transaction value has not been disclosed.
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Kenyan fintech Zanifu raises $11.2 million to scale its inventory financing offering
Zanifu, a Kenyan fintech company that provides inventory financing to micro, small, and medium-sized businesses (MSMEs), has raised $11.2 million in debt-equity funding in a pre-Series A round.
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Ivory Coast-based fintech Anka secures $1.7 million funding from IFC for expansion
Anka, an Ivory Coast-based financial technology company, has received $1.7 million in funding from the International Finance Corporation (IFC) to expand its operations.
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Ghanaian agri-tech startup Oyster Agribusiness raises $310,000 in funding to accelerate its growth
Oyster Agribusiness, a pioneering agricultural technology startup based in Ghana, has raised $310,000 in funding in its latest investment round.
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Ed Partners secures $1.5 million funding from Oikocredit to enhance access to quality education in Kenya
Ed Partners has raised $1.5 million in debt funding from Oikocredit to enhance access to quality education in Kenya.
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SA medtech startup VitruvianMD raises $1.25 million for innovative healthcare solutions
VitruvianMD, a promising South African medtech startup focusing on innovative healthcare solutions, has raised $1.25 million in funding.
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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.