Venture Capital

Total 65 Posts

Egyptian startup, MaxAB, has secured $40 million Series A investment

Egypt’s MaxAB is set to expand its physical footprint across the MENA region as a result of securing $40 million in Series A VC funding. The company also plans on scaling recently launched business verticals including new supply chains and embedded finance solutions.

Creating opportunities for female founders across Africa

Through programmes that support women with funding, we will generate prosperity in Africa. The idiom, "The hand that rocks the cradle, rules the world," can have real and unequivocal resonance.

South Africa's WhereIsMyTransport secures $14,5 million in Series A funding

South Africa's WhereIsMyTransport secured a $14,5 million Series A funding round. The investment funding round was led by Naspers Foundry, Cathay AfricInvest Innovation Fund, and SBI Investment.

African Venture Capital trends to watch

The most exciting and gratifying trend to see in action is the ability of African founders to pave the way when it comes to creating commercially innovative solutions that can scale seamlessly and compete across the globe.

New startup accelerator and fund opened in Namibia

Initiatives such as the new startup accelerator and fund, by Startup Wise Guys, in Namibia are important given the negative economic impact of the COVID-19 pandemic.

Tanda, a retail-tech startup from Kenya, has secured funding for regional expansion

Tanda, an agency banking startup in Kenya, will be expanding its operations across East Africa following it receiving VC funding. The startup also secured key partnerships with Mastercard and Interswitch.

Angola's Deya closes pre-seed financing round to grow crowdfunding platform

Deya will use their pre-seed investment to improve its platform in the coming months, to be more robust and with a better experience for users, as well as to implement its business model, thus starting to generate revenue to boost its growth.