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Senegal’s Socium Raises $5M to Fuel HR Automation in 21 Francophone Countries

The startup’s primary markets include countries such as Morocco, Cameroon, and Congo, among others.

November 19, 2024

Updates

Amenli Raises $2.3 Million, Eyes Growth in Egypt’s Underserved Insurance Market”

Amenli primarily operates in Egypt, leveraging its local expertise to address the unique challenges of low insurance awareness and adoption.

November 19, 2024

Updates

Egypt’s Qara Gets $2.6M to Scale Product Authentication and Combat Counterfeiting

To date, Qara has authenticated over 28 million product units and connected more than 50,000 business users across its primary markets of Egypt, KSA, and Kenya.

November 19, 2024

Deals

Lingawa Targets the African Diaspora Market with $1.1M Pre-seed Funding for Native Language Learning

Lingawa, an edtech startup that recently rebranded from TopSet, has raised $1.1 million in...

November 19, 2024

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Cape Town’s Havaíc Hits $30m Milestone for Third Fund as Institutional Interest Hardens

The latest capital injection comes from E Squared Investments

February 16, 2026

Updates

DPI Targets $1bn for Fourth Africa Fund as Proparco Chips in $42m

Rather than spreading bets thin, the fund plans to build a concentrated portfolio of roughly one dozen companies across North and Sub-Saharan Africa.

February 16, 2026

Riding Morocco’s Fintech Wave, AfricInvest Moves to Acquire Vantage Payment Systems

A new heavy hitter is entering the Moroccan fintech landscape, in what feels like the next chapter after local fintech Cash Plus went on a highly successful IPO last year.

February 11, 2026

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