Tag: Investment News
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Nomba raises $30m Pre-Series B funding round
Nigerian payment service provider Nomba has raised a $30 million Pre-Series B funding round to enable businesses to easily and securely receive customer payments across Africa.
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Nigerian recycling startup WeCyclers secures $2 million to recycle 30,000 tonnes of plastics
Wecyclers Corporation, a leading Nigerian recycling startup, has secured $2 million in funding to recycle 30,000 tonnes of plastics over the next five years
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Pan-African neobank Payday has raised $3 million in seed funding
Payday (Techstars ’21), one of Africa’s leading Pan-African neobank, has raised $3 million in seed funding to drive the future of work for the continent.
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South African fintech startup Peach Payments closes $31 million Series A funding round
South African fintech startup Peach Payments has closed a $31 million Series A funding round for expansion.
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Nigerian innovative shared-mobility platform Shuttlers secures $4 million for expansion
Shuttlers, a Nigerian innovative shared-mobility platform, has secured $4 million in funding for expansion.
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Kenyan agritech Victory Farms has raises $35 million in Series B funding round
Kenyan agritech Victory Farms has raised $35 million in Series B funding to finance its expansion plans.
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AstraZeneca to launch Africa Health Innovation Hub
Leading global pharmaceutical company AstraZeneca has announced the launch of its Africa Health Innovation Hub to increase access to healthcare on the continent.
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VC firm Equator raises $40 million to back climate-tech African startups.
Equator, a VC firm focused on supporting innovative solutions to climate change, has raised $40 million in commitments to invest in African startups tackling climate challenges.
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Kenya gets $378 million to electrify its public transport system
The European Union has provided Kenya with $378 million in funding to power the country’s electric Bus Rapid Transit (BRT) system.