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    Latest Funding

    Egypt’s Swvl Raises $4.7M for US Market Expansion

    Swvl intends to channel the proceeds into working capital and operational expansion, particularly in regions with high growth potential.

    MultiChoice’s Fintech Arm ‘Moment’ Reaches $80M Valuation Following Recent $22M Funding Round

    Founded in 2023, Moment is a joint venture between MultiChoice, payments platform Rapyd, and venture capital firm General Catalyst.

    Beacon Power Services Raises Series A Funding, Backed by Partech

    The new funding will enable BPS to expand its operations beyond Nigeria and Ghana into additional markets across Eastern and Southern Africa.

    Moroccan Logistics Startup Colis.ma Secures New Pre-Seed Funding for Cross-Border Expansion

    This is not the first time Colis.ma has attracted investor attention.
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    Uganda’s KaFresh Secures Funding to Extend Fresh Produce Longevity

    Made from plant-based materials, including overripe fruits, the solution delays spoilage by reducing oxidation and microbial decay.

    Cameroon’s Fako Capital, I&P’s Latest Anchor Fund, Targets $500K Investments in High-Growth Startups

    Fako Capital joins a growing network of African impact funds nurtured by I&P

    Open Source Leader CNCF Partners with Andela to Train 30,000 Africans in Cloud Technology, Free of Charge

    The program, scheduled to launch next year, will span two to three years.

    Swvl Secures New $4.2 Million in Egyptian Contracts as Questions Surround Financial Stability

    The contracts come on the heels of Swvl’s strategic five-year deal with e& Egypt, a telecommunications leader, valued at up to $6.3 million.

    Latest articles

    Uganda’s KaFresh Secures Funding to Extend Fresh Produce Longevity

    Made from plant-based materials, including overripe fruits, the solution delays spoilage by reducing oxidation and microbial decay.

    Cameroon’s Fako Capital, I&P’s Latest Anchor Fund, Targets $500K Investments in High-Growth Startups

    Fako Capital joins a growing network of African impact funds nurtured by I&P

    Lesaka’s Acquisition Streak Continues, Utility Innovator Recharger Snapped Up in $28M Deal

    Recharger operates a base of over 460,000 registered prepaid electricity meters, catering to landlords and tenants.

    In Francophone West Africa, Payment Cards are Run by Banks, Not Fintechs

    The COVID-19 pandemic played a catalytic role in accelerating digital payments. In 2023, digital payment transaction volumes surged by 33.78%