Tag: funding

Tanzania’s Menstrual Hygiene Management Enterprise – WomenChoice Industries Secures $200k Funding from Gray Matters

US-based impact investor Gray Matters Capital has today announced $200,000 funding in Tanzania based WomenChoice Industries. WomenChoice Industries is a manufacturer and distributor of...

Kenyan fintech startup Wapi Pay raises capital to scale across Africa

Singapore and Kenyan based Fintech startup ‘Wapi Pay’ has raised seed capital through the accelerator Future Hub making it its first Fintech Investment in...

On-demand delivery platform Sendy raises $20 million round

Kenyan on-demand delivery platform Sendy has raised a $20 million Series B led by Atlantica Ventures. The funding was also backed by Toyota Tsusho Corporation,...

Online Travel Agency Timbu Launches New Fund To Invest In Kenyan Travel Startups

Timbu, a Mauritian based online travel agency has launched an investment arm to fund and invest in Kenyan travel and hospitality startups. Timbu will invest...

Nigerian Fintech Startup Trove Secures An Undisclosed Amount Of Funding From ARM

Nigerian micro-investing fintech startup Trove has secured an undisclosed amount of funding from asset management firm, ARM. This is the first announced funding round of...

Agritech startup WeFarm secures $13 Million funding to scale its Smallholder Agricultural Ecosystem

London-based farmer-to-farmer digital network WeFarm has raised $13 million in a Series A round of funding.  The round was led by Silicon Valley venture...

Kenya’s agri-tech startup Twiga Foods secures $30M to digitize food distribution

Kenyan food distribution startup, Twiga Foods has raised $23.75 million in a Series B equity round led by Goldman Sachs. The round also saw...
Branch International

Branch International raises another KSh.500M from Centum-owned, Barium Capital

Mobile lender Branch International has announced its fourth commercial paper issuance from Centum-owned advisory firm, Barium Capital, raising Ksh500 million. Branch has also announced...

FasterCapital seeking to fund startups in Kenya

On the 11th July 2019; more than 20 African countries brought into effect what is going to be the largest Free Trade Area in...
SafeBoda raises funding from GO-JEK,

SafeBoda raises funding from GO-JEK, plans to venture into mobile payments and insurance

Ride-hailing platform SafeBoda has raised an undisclosed Series B round co-led by Allianz X, the digital investment unit of the Allianz Group, Go-Ventures, an...
MYDAWA-

E-healthcare startup MYDAWA secures $3M funding from Africa HealthCare Master Fund

Kenya’s leading e-healthcare platform MYDAWA, has secured a $3M investment from Africa HealthCare Master Fund. This is the first round of external funding the...
Seedstars is launching a $100M fund to invest in African tech startups

Seedstars is launching a $100M fund to invest in African tech startups

Seedstars has announced a new partnership with Paris-based First Growth Ventures to launch a $100 million fund to invest in African tech startups. Seedstar...
Branch International

Branch raises $170 million funding round, announces new partnership with Visa

Visa and Branch International, have announced a partnership that will see virtual Visa prepaid debit cards offered to over 2 million consumers in Sub-Saharan...
Partech Africa Report: African tech startups raised US$1.163 billion in equity funding in 2018

Partech Africa Report: African tech startups raised US$1.163 billion in equity funding in 2018

African tech startups raised a total of US$1.163 billion in equity funding in 2018. This is according to the Partech Africa annual report on...
TeamApt Product Shot 2 (lr)

Nigeria’s Fintech Startup TeamApt closes $5.5M Series A Round To Scale Into Additional Markets

TeamApt, a Nigerian startup that provides digital solutions and payment infrastructure for Africa, has closed on a $5.5M Series A round, led by Quantum...

Andela raises a further $100M in new round of funding

Andela has today announced the completion of a $100M Series D funding led by Generation Investment Management with participation from existing investors including Chan...
Partech Africa Report: African tech startups raised US$1.163 billion in equity funding in 2018

Nigerian fintech startup Mines, secures $13M funding

Mines, a Nigerian fintech startup re-inventing credit in emerging markets secured $13M funding. The Series A round was led by The Rise Fund, a...
Branch International

Branch raises Ksh.350 Million to expand its loan product offerings in Kenya

Mobile loans company Branch International has raised Sh350m to expand its loan product offerings in Kenya. The commercial paper issuance was arranged by Centum-owned capital-raising...

Kenya’s mSurvey Secures $3.5m Series A Investment

Kenyan SaaS Mobile Consumer Feedback Company mSurvey has announced a Series A round of USD$3.5m, led by Africa focused venture firm TLcom Capital with...

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Tech for humanity: Preparing for the next phase

ICT has been critical to fighting the Covid-19 pandemic and transforming society over the long term. But the key to progress is laying the...

24Bit Podcast Episode 22: Video Chat Apps – The new normal...

In this latest episode of our 24Bit Podcast, Emmanuel Chenze, Nick Kanali and Dickson Otieno discuss Video Chat Apps people are using with the...

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