Tag: Startup News

Egyptian fintech company MNT-Halan has achieved a valuation of $1.4 billion after completing the first closing of a new funding round led by Al Ahly Capital, the investment arm of the National Bank of Egypt.

Egyptian fintech startup Blnk has raised a total of $37.1 million in fresh funding as it looks to broaden access to consumer credit and strengthen financial inclusion across the country.

Egyptian fintech startup Blnk has raised a total of $37.1 million in fresh funding as it looks to broaden access to consumer credit and strengthen financial inclusion across the country.

ARM-Harith Infrastructure Investments has reached the first close of its successor infrastructure fund, raising approximately $76 million as it seeks to channel more African institutional capital into critical infrastructure projects across the continent.

Egyptian fintech startup Blnk has raised a total of $37.1 million in fresh funding as it looks to broaden access to consumer credit and strengthen financial inclusion across the country.

3IF Ventures, a venture capital fund focused exclusively on Africa’s insurance technology sector, has announced the first close of its Inclusive Insurance Investment Fund at $12 million.

French development finance institution Proparco has extended a new financing facility to Kenyan healthtech company Tibu Health, providing fresh capital to support the expansion of its primary healthcare network.

South African venture capital firm Aions Ventures has unveiled a new ZAR100 million (US$6.1 million) investment vehicle aimed at supporting early-stage technology startups as they move from initial market traction to larger growth-stage funding rounds.

BluePeak Private Capital has committed $16 million to Groupe Centaures, one of Côte d’Ivoire’s leading indigenous logistics companies, in a deal designed to support both business expansion and environmental sustainability.