Funding

Shekel Mobility secures $7M to drive vehicle financing in Africa

Shekel Mobility, a B2B trading platform catering to car dealers in Africa, secured a $7 million seed in a round led by Ventures Platform and MaC VC.

Gozem acquires Beninese fintech, Moneex to launch MOMO offering in Francophone Africa

Francophone Africa super app, Gozem has acquired Beninese fintech startup, Moneex in an undisclosed deal. This strategic move is poised to enable Gozem to introduce a mobile money service in Togo and Benin.

Norrsken22 raises $205 million to back African fintech and edtech startups

Pan-African venture capital firm, Norrsken22 has closed its $205 million Africa Tech Growth Fund to back fintech, edtech and healthtech startups.

French football stars rally behind Francophone African startups

Recently, StarNews Mobile raised $3 million pre-Series A in a round backed by three French national players showing an exciting and growing trend in Francophone Africa.

BluePeak Private Capital closes $156M fund to support African businesses

BluePeak Private Capital, a private capital firm, has closed its flagship fund at $156 million to support scalable businesses in Africa.

Almouneer secures $3.6M to tackle diabetes and obesity prevalence in Africa

Egyptian healthtech, Almouneer has raised a $3.6 million seed to address the growing prevalence of diabetes and obesity in Africa.

Husk Power raises $103 Million to expand renewable energy in Africa and Asia

Cleantech firm Husk Power secures $103M to drive rural electrification, expand renewable energy services in Africa and Asia.