BasiGo Accelerates Electric Mobility Ambitions with KSh5.4 Billion Injection
Nairobi-based electric bus manufacturer BasiGo is charging full speed ahead. The company has raised KSh5.4...
Funding
Susan Olalere Umba Secures $5M to Deepen Vehicle and SME Lending in Kenya
Nairobi-based neobank Umba has raised $5 million in debt funding to expand its secured lending...
Tony Elumelu Foundation Grants $15 Million to 3,000 African Entrepreneurs
The Tony Elumelu Foundation (TEF) has launched a $15 million grant to support 3,000 young...
Moneda and meCash Launch Musa to Tackle Africa’s SME Credit Gap
Access to credit has long been a stumbling block for small and medium-sized enterprises (SMEs)...
Opeoluwa Okudero Kenyan Startup Leta Secures $5M to Transform Africa’s Logistics Industry
Kenya-based logistics startup Leta has secured $5 million in seed funding to revolutionize delivery operations...
Raenest Raises $11M Series A to Expand into U.S. and Egypt
Nigerian fintech startup Raenest has secured $11 million in Series A funding, with plans to...
Ghana’s Affinity Africa Raises $8M to Expand Digital Banking in a Mobile Money-Driven Market
Affinity Africa, a Ghanaian fintech startup, has secured $8 million in seed funding to expand...
Nigerian Fintech Startup Accrue Secures $1.58M Seed Funding for Cross-Border Payment Expansion in Africa
Accrue, a Nigerian fintech startup, has secured $1.58 million in seed funding, led by Lattice...
South Africa’s Naked Insurance Secures $38 Million Series B Funding
Naked, a South African insurtech startup, has taken another significant leap forward in redefining insurance...
Purple Elephant Ventures Raises $4.5M to Revolutionize African Tourism
Purple Elephant Ventures (PEV), a Nairobi-based venture studio, has raised $4.5 million in seed funding...