Klasha raises an additional $2 million to expand B2B cross-border payment rails into China

In addition to its expansion efforts, Klasha has obtained an MSB license to operate in the United States, further solidifying its position as a global payment provider.

Sistema.bio secures $15M to drive global Biogas expansion

Sistema.bio raises $15M to expand its biogas technology globally, enhancing sustainable energy solutions for farmers.

Egyptian fintech Sahl raises $6 million to expand offerings as a comprehensive financial services provider

Founded in 2020 by Ahmed Othman, Ibrahim Assal, and Abdullah Assal, Sahl is a bill payment platform that enables users to recharge prepaid cards.

Verod buys i-Fitness stake for $12 million in PE Shuffle

West African private equity firm Verod has acquired a 65% stake in Nigeria's leading fitness chain i-Fitness from CardinalStone in a $12 million deal.

TIC: How African startups can navigate the funding winter

Funding to the continent dwindled in Q3 2022, creating a 'funding winter.' Three seasoned investors joined us at The Investor Clinic to share insights on how to navigate the season.

YC-backed Curacel secures $3M seed to expand its insurance offering into North Africa

Nigeria-based insurtech, Curacel has secured a $3 million seed funding to expand its drive insurance experiences across Africa.

iProcure secures $10.2M Series B to power its East African expansion

Kenyan agritech startup, iProcure has secured a $10.2 million Series B financing in a round led by Investisseurs & Partenaires.

Digital health platform, Esaal completes $1.7 million seed round

Esaal will use the new fund to expand across the MENA region, as well as invest in product development, brand development, and talent acquisition.

Canza Finance secures $3.27 million to empower underserved sub-Saharan Africa SMEs with financial services

Nigeria's Canza Finance has closed a $3.27 million seed round to empower underserved sub-Saharan Africa SMEs with financial services

MarketForce closes the largest Series A round in East and Central Africa

Retail payment startup, MarketForce has closed a $40 million Series A round led by V8 Capital Partners to scale merchant inventory financing through a BNPL offering

TLcom secures first round of its $150 million fund to back 20 African startups

TLcom has announced a first close of $70 million for its $150 million Africa focused tech fund to invest in 20 early-stage startups on the continent.

Planet42 secures $30 million, to expand car inventory in South Africa and Mexico

Planet42, a South Africa-based car subscription company has raised a $30 million equity round, to expand its car inventory in South Africa and Mexico.