Catalyst Fund invests $2M into 10 African cleantech-focused startups

Catalyst Fund has invested $2 million investment into 10 startups accelerating Africa’s adaptation and resilience to climate change.

Releaf secures $3.3 million pre-series A, launches Kraken II and SITE

Nigerian agritech, Releaf has secured $3.3 million pre-series A funding and has launched two new technologies to drive profitability for consumer goods manufacturers

Taeillo secures a $2.5M expansion fund from Aruwa Capital

Aruwa Capital has invested a $2.5 million expansion fund into Taeillo, an African female-led local furniture manufacturer.

BD Charts

Data about the state of tech in Africa.

Orda secures $3.4 million seed to digitise African restaurants

African restaurant cloud operating system provider, Orda has secured a $3.4 million seed round which was co-led by Quona Capital and FinTech Collective.

Inside IFC’s $225M fund for early-stage startups in Africa, Central Asia and the Middle East

The International Finance Corporation (IFC) has launched a $225 million venture capital fund to support early-stage startups in Africa, the Middle East, Central Asia and Pakistan.

What Nigerian startups do differently to access funding compared to other Africans

In this op-ed, Abiola Bonuola, a Nigerian PR Consultant, writes on why Nigerian startups access more funding compared to other African countries.

Bumpa secures $4M seed to drive social commerce in Africa

African social commerce startup, Bumpa has raised $4 million seed to help underserved SMEs grow and manage their business.

Bizao secures €8 million series A for pan-African expansion

Bizao has secured €8 million series A funding to accelerate its expansion across the continent

How African tech startups raised funds in H1 2022 in four charts

In H1 2022, African tech startups jointly raised $2.5 billion most of the funds were raised by fintech startups.

Klasha secures $2.1 million additional seed to enable cross-border commerce in Africa

Klasha has secured an additional $2.1 million to complete its $4.5 million seed round.

OnePort 365 secures $5 million seed funding to digitize freight management in Africa

OnePort 365 has raised $5 million in seed funding to drive the end-to-end digitisation of freight management in Africa and support its expansion into new markets across the continent.