Moove secures $10 million venture debt from NBK Capital Partners Mezzanine Fund II

Moove Africa has received a $10 million financing facility from NBK Capital Partners Mezzanine Fund II, bringing its total funding raised to $78.2 million.

AltSchool Africa secures $1 million to train entry-level tech talents in Africa

AltSchool Africa has secured $1 million in its pre-seed funding to train entry-level tech talent in Africa.

Nestcoin secures $6.45 million pre-seed capital to accelerate crypto and web3 adoption

Nestcoin, a Lagos-based crypto-focused startup, has raised $6.45 million in a pre-seed round.

AFEX opens second round of $240 million funding series to strengthen Africa’s Agro-processors

Nigeria's foremost commodities market player is seeking to raise up to $240m to bolster Nigeria's agriculture sector.

Crowdyvest embarks on debt recovery process to enable payout to investors

Following its inability to meet up with its financial obligations to investors, Crowdyvest has embarked on a debt recovery process to enable the refund of overdue payments.

Bamboo raises $15 million Series A funding

Bamboo will use the funds to accelerate its growth, penetrate new markets and create more products.

BD Insider, Letter 98: Africans are world-class

BD Insider, Letter 98 covered James Manyinka appointment as a senior vice president at Google, the #YoutubeBlackVoices Creator Class of 2022 and Binance CEO's letter to Nigerians.

Disrupt Africa releases report on African tech startups funding in 2021

The African Tech Startups Funding Report explored the important details about the over $2.148 billion in 800+ deals that were raised by African startups in 2021 — the number of funded startups grew by 42.1 per cent on 397 in 2020.

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.

Partech, a Paris-based VC launches Chapter54, an accelerator program

The program will be spearheaded by its innovation division, Partech Shaker to help European start-ups penetrate into the African markets.

Ghana-based fintech OZÉ raises $3 million pre-Series A

OZÉ, a Ghana-based fintech startup that focuses on scaling small African businesses through digitized operations and affordable capital has raised a $3 million pre-Series A round.

Oracle announces first cloud region in Africa

Oracle now has 37 cloud regions globally and plans to open an additional seven cloud regions before the end of 2022