Browsing: Startups

Carta’s investment in Raise will provide the Kenyan fundraising platform with the resources to expand its offerings and grow its user base.

DisrupTech Ventures, an Egyptian early-stage venture capital fund, raises USD 5 million from Proparco to support Egypt’s fintech sector.

An Nisa Taxi offers safe transportation options for women and children and has gained over 10,000 users in one year.

Convergence Partners has acquired a strategic stake in 42Markets Group, an incubator, investor and builder of high-growth specialist businesses in the financial and capital markets sector. 

Drest.tn, a Tunisian e-commerce platform specializing in the sale of lifestyle products, is seeking to expand its reach into Africa.

Capria Ventures aims to support 20-25 early-growth tech startups across Africa, India, Southeast Asia, Latin America, and the Middle East.

South African consumer rewards app, Maholla, has secured USD 1.5 million in seed funding to continue building the country’s largest retail-agnostic rewards and data platform.

Telkom FutureMakers has partnered with Aions Creative Technology to support South African startups.

A number of African startups secured funding at various stages last week across a wide range of sectors and countries.

African blockchain startups raised USD 474 Million in 2022, according to a report by CV VC, a YoY increase of 429%.