Data About Africa's Tech Companies

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Tunisia's blockchain startup Utopixar receives $100k from UNICEF
UNICEF selected Utopixar, the developer of a social collaboration tool, for investment. The startup, together with 5 others, will receive up to $100,000 from the UNICEF Innovation Fund. Utopixar's is the developer of Coinsense. It connects people ...
OffGridBox, with operations in Rwanda, raises $1.6M in seed funding
OffGridBox, a provider of affordable renewable energy and clean water, has raised $1.6 million in seed funding. According to TechCrunch, the Doen and Good Energies Foundations led the round. With Banque Populaire du Rwanda as a partner. According ...
Egypt's Halan actually raised $4.3M in their recently announced Series A
Halan, an Egyptian ride-hailing startup, announced its Series A at the beginning of the month. The funding came from the existing backer, Battery Road Digital Holdings. As well as one of Egypt’s leading VCs, AlgebraVentures. But, startup declined t...
Nairobi-based Lori Systems raised $6.1M this year according to SEC filing
Lori Systems, a Nairobi-based logistics company, raised $6,170,000 in funding this year. That is according to their Securities and Exchange Commission filing in January. This is the most significant external funding the company has raised. After the ...
Emergent Technology acquires Ghana's InterPay to fuel Africa expansion
Emergent Technology (EmTech), a California-based financial technology company, has acquired Interpay Africa. Interpay is a Ghana-based payments processor with other offices in Benin and Pakistan. According to EmTech, this acquisition will strength...
Zola Electric raises further $32.5M to expand across Tanzania
Zola Electric - former Off Grid Electric - has raised $32.5 million in debt funding. FMO and Symbiotics arranged the facility to "finance the growth of ZOLA’s Tanzania operations over the next 5 years". The FMO-arranged senior loan will consist ...
GSMA Ecosystem Accelerator Innovation Fund adds 6 African startups
The GSMA has announced the 3rd cohort of startups that joined their Ecosystem Accelerator Innovation Fund. The cohort of 11 startups from emerging markets features 6 from Africa. These are; Agrocenta (Ghana), Coliba (Ivory Coast), Eneza Education ...
South Africa's Jumo secures more $12.5M in funding for expansion
Jumo, a financial services company with operations across emerging markets, has secured an additional $12.5 million in funding. The funding came from Odey Asset Management. In addition, James Hanbury, Partner at Odey Asset Management, joined the Boa...
Egypt's Wasla officially launches with $180k in Pre-Seed funding
Wasla, a browser that subsidizes users costs, has launched with $180,000 in pre-seed funding. The startup made the announcement at the recently concluded RiseUp Summit in Egypt. "After a year of developing the platform in stealth, Wasla successful...
Uganda's M-SCAN wins TechCrunch's Startup Battlefield Africa
TechCrunch held its second Startup Battlefield Africa in Lagos yesterday. Uganda's M-SCAN - a startup that develops portable mobile ultrasound devices, emerged the winner. While South Africa's Bettr, a virtual banking experience powered by the smartp...
Nairobi-based PayGo Energy raised $3.5M according to their SEC filing
Nairob-based energy startup, PayGo Energy raised $3.5 million this year per their Securities and Exchange Comission - SEC - filing done in August this year. There are no details regarding the investors and which type of round raised. Though, this ...
Mauritius, SA & Nigeria top Africa's 2018 E-commerce Index - Report
The United Nations Conference on Trade and Development (UNCTAD) has released a report on the global B2C E-commerce Index. According to the report, Mauritius, South Africa and Nigeria lead the rest of Africa. The UNCTAD B2C E-commerce Index measure...
In Brief: Egypt’s RiseUp raises seed round led by Endure Capital
Cairo-based RiseUp, the company behind one of the leading entrepreneurship events of the region - RiseUp Summit - has raised seed funding. Endure Capital led the round and was joined by Enara Capital, 500 Startups, and Kamelizer. RiseUp announce...
In Brief: Egypt's Nawah Scientific raises $1M Pre-Series A round
Cairo-based Nawah Scientific has raised $1 million in pre-Series A funding. The round was led by Endure Capital and joined by 500 Startups, Averroes Ventures and recently launched Egypt Ventures. An angel investor Dr. A. Abdelhamid also joined t...
Sawari Ventures closes $35M of its $70M North Africa dedicated fund
Cairo-based VC firm, Sawari Ventures, has raised half of its $70 million North Africa dedicated fund. The announcement, according to Menabytes, was made at the Africa 2018 Business Forum in Egypt. The fund, called Sawari Ventures North Africa Fun...