Tag: Funding
African startups to benefit from US$112 million CAIF funding
Pan-African fund Cathay AfricInvest Innovation Fund (CAIF) has raised $112 million to support early-to growth-stage startups in Africa.The fund is a partnership between Tunisia-based...
Ghana’s FIDO raises $30m for new products and expansion across Africa
Ghana-based micro-credit fintech, Fido has raised $30 million equity investment and undisclosed debt funding in a Series A round led by Israel-based private equity...
VISA, PwC, others invest €13.5 million into CO2 tracking startup
Visa and other blue chip investor have pumped some €13.5 million into sustainable finance provider ecolytiq Consulting firm PwC Germany also participated through a fund...
OnePort 365 secures $5 million seed funding to digitize freight management...
OnePort 365, a digital freight forwarding company that makes it easier to move cargo to, from and within Africa, has raised $5 million in...
Ghana Farmerline gets $12.9 million funding to help farmers make wealth
A McKinsey and Co. study suggests that while sub-Saharan Africa has the potential to increase (even triple) its agricultural output and overall contribution to...
Binance.US raises over $200M in first seed round, hitting a $4.5B...
Binance.US raised over $200 million in its first external funding round, putting its pre-money valuation at $4.5 billion as it builds out a roadmap...
TechCabal owners raise US$2.3million to expand digital products
Over the decades, the news media landscape has changed dramatically. Checking for news online—whether through Google, social network sites, major newspapers, or local media...
African fintech Moove in US$105 million funding round
Barely a month announcing a US$10-million funding round, African mobility fintech Moove has raised a further $105 million in a “series A2” round aimed at...
Fintech funding: UK tops Africa, Europe, Middle East combined
A report by Insider Intelligence on Fintech funding for the year 2021, indicate the Fintechs in the United Kingdom alone raked in more funding...
Airtel secures US$1 billion from Google
Bharti Airtel has secured backing from Google for up to $1 billion covering plans to introduce more affordable access and services to boost digital...