Famasi secures pre-seed to build Africa’s digital pharmacy infrastructure

Nigerian healthtech, Famasi Africa has secured an undisclosed pre-seed in a round led by Microtraction, to build the pharmacy infrastructure for African digital healthcare.

Yodawy secures $16M Series B to drive e-pharmacy adoption in Africa

To drive e-pharmacy adoption in Africa and the Middle East, Yodawy has secured $16 million in a Series B round co-led by Delivery Hero Ventures and Global Ventures.

Eight ways to raise capital for your startup

Startup capital can be raised through bootstrapping, business partners, angel investors, accelerators, venture capital, grants and convert social capital to financial capital.

Meet the African startups in YC 2023 winter batch

These African companies are participating in Y Combinator's 2023 winter batch.

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.