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Yoco

South Africa’s Yoco raises $16M Series B led by Partech

Yoco, a South African based point-of-sale payments solution provider, has announced that it recently closed $16 million in Series B funding. This was confirmed by Forbes. "Having tripled its user base since the...
Goodwell Investments

Goodwell Investments announces new $23M fund for sub-saharan Africa

The Netherlands based Goodwell Investments has announced the launch of a new fund. "Goodwell Investments has launched a new EUR 20 million (around $23 million) fund," they wrote. This fund will...
Tizeti

Nigeria’s Tizeti raises $3M to expand its wifi to other African countries

Tizeti, a Nigerian internet provider, has raised $3 million to expand its services. That's according to TechCrunch. The startup which operates the wifi.ng brand is looking to use the funds to expand...
MDaaS

Ventures Platform invests $100,000 into Nigeria’s MDaaS Global

Kola Aina, a partner at Ventures Platform, has announced that they recently invested in MDaaS Global. "I am excited to announce our $100,000 investment in MDaaS," he wrote. According to Kola, they...
Allan Rwakatungu the CEO and co-Founder of Xente at the recently concluded Kampala Innovation Week. Photo: Global Business Developers

Leapfrog Ventures to invest $190k into Uganda’s trio; Xente, Swipe2pay & Francom

Rwanda-based Leapfrog Ventures is set to invest $190,000 into three Ugandan startups according to sources familiar with the matters. The three startups are Xente, Swipe2pay, and Francom. Takuma Terakuno from Leapfrog Ventures...
Paystack

Nigeria’s Paystack closes $8 million Series A from Tencent, Stripe, VISA & YC

Paystack, a Nigerian payments startup, has announced an $8 million series A it raised from a couple of new and existing investors. This is according to reports by TechCrunch. The funding has...
Uber

Toyota set to invest $500 million into Uber to work on self-driving cars

Toyota is set to invest $500 Million into ride-hailing company, Uber, to work on self-driving cars according to Reuters. "Toyota Motor Corp will invest $500 million in Uber to jointly work on...
BiasharaBot Presenting During Pangea Demo Day

Takuma’s Leapfrog Ventures invests $50,000 in Kenya’s BiasharaBot

Leapfrog Ventures has made a $50,000 investment into Kenya's SaaS startup BiasharaBot. This is according to reports from The Bridge . "Leapfrog Ventures announced that it has invested $ 50,000 in Biashara...
one acre fund

One Acre Fund receives $5 million to support small-scale farmers

One Acre Fund has received a $5 million loan from investment company Calvert Impact Capital. The announcement was made by the latter, affirming that the loan will be to "purchase products which will be...
The Medical Concierge Group

The Medical Concierge Group has raised $200,000 as it marks its 5th birthday

The Medical Concierge Group (TMCG), which celebrated its 5th birthday last week, has announced that it recently closed $200,000 in equity angel investment. The company preferred to keep the details of...