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Funding

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.

Funding

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

Funding

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

Funding

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.

Funding

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.

Funding

Busha raises $4.2 million in a seed round led by Jump Capital

Funding to empower Busha to do more faster, improve security, and take a definitive leadership position in the emerging crypto industry.

Funding

Autochek secures $13.1m seed fund to scale its technology and accelerate expansion

The capital will be deployed to bolster its core auto loan processing platform and deepen its footprint in West Africa, starting with its recent entry into Cote d’Ivoire.

Funding

ILLA obtains $2m investment round to expand and diversify its offering

ILLA aims to optimize post-production supply chain activities for FMCG brands, starting with middle-mile delivery services and being the most fragmented part of the value chain.

Funding

Nigeria’s Sendbox raises $1.8 Million to enable deliveries for SMEs in Africa

With the goal to provide logistics and e-commerce fulfilment for merchants in Africa, Sendbox announced the completion 0f its $1.8 million seed round.

Funding

Pezesha raises seed extension to fuel expansion across Africa

Pezesha has announced the close of a seven-figure growth funding round led by GreenHouse Capital (GHC).

Funding

pawaPay Closes on Seed Funding of $9M

African payments company pawaPay, has secured a $9m Seed raise.

Funding

Egyptian eCommerce startup, MaxAB, closes $40M Series A to fuel expansion

MaxAB, the largest Egyptian B2B e-commerce platform that serves food and grocery retailers, has secured $40M in a Series A round, led by RMBV, a prominent impact investor in North Africa.

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