Tag: Funding
50 African tech founders launch Pando DAO to drive development across...
In recent times, the African tech ecosystem has been on a steady upward trajectory. This year, venture funding on the continent is projected to...
ECOBANK Fintech Challenge: 6 African startups named finalists
Six African fintech companies have been declared finalists of this year’s Ecobank Fintech Challenge, and will now compete for a top price of US$50,000...
Herconomy expands into a fintech startup with new offerings for African...
Herconomy’s pre-seed raise is one for the history books. Last year, the startup shocked the tech ecosystem with its funding story. Within 24 hours...
SA software start-up SNAPT shuts down
South African tech start-up, Snapt has annoucned that it is shutting down, and analysts say it is due to lack of funding.Founded in 2012,...
Kenyan start-up Sky.Garden face closure
Amidst news of global funding winter, Kenyan B2C marketplace Sky.Garden is facing reportedly closure. TechCrunch reports that the Amazon-like start-up may be facing closure after...
SweepSouth Secures $11 million in Funding
SweepSouth, an online home services platform with presence across Africa, today announced that it has completed an US$11m investment round led by Alitheia IDF (AIF), Africa’s first...
Multiple-award-winning biometrics player iiDENTIFii raises record $15m
iiDENTIFii, the innovative biometrics tech firm, has raised US$15 million growth capital. The round was led by African investment company Arise whose cornerstone investors...
Ghana’s Ozé selected to pitch at TechCrunch Disrupt 2022
Oze, the Ghanaian fintech start-up building small business management tools with embedded finance products for MSMEs across West Africa, has been selected as one...
Ghana’s Farmerline raises $1.5m to support farmers in Africa
Ghanaian agtech Farmerline has secured $1.5 million equity funding from Dutch impact investor Oikocredit in its second close of the pre-series A round, TechCrunch reports.
The...
YELLOW CARD: Pan African crypto exchange raises $40 million funding
Pan-African cryptocurrency exchange Yellow Card has announced the close of its $40 million Series B funding led by Polychain Capital.Other investors participating in the round include...