Funding

Mecho Autotech lands $2.4M pre-Series A

Mobility startup, Mecho Autotech has raised $2.4 million pre-Series A and is expanding into wholesale automotive spare parts distribution in Nigeria.

Meet the seven most active angel networks in Africa

Angel Investment in Africa has recently grown rapidly alongside the development of the tech ecosystems, which have greatly increased the number of investable opportunities

Kenyan fintech, Lipa Later secures $5M debt funding

Lipa Later has raised $5 million in debt funding to double down on its growth. The Kenyan fintech also plans to raise an additional $20 million in equity and debt.

Meet 34 female angel and venture capital investors in Africa

We curated a list of 34 African women who are investing in the tech ecosystem on the continent.

Nestcoin raises $1.9 million to build Onboard, its non-custodial crypto wallet

Nigerian crypto and Web3 startup, Nestcoin has raised $1.9 million in a strategic round to fuel the growth of its new product, Onboard Wallet.

Itana (fka Talent City) raises $2M pre-seed to build Africa’s first digital free zone

Itana, formerly known as Talent City, has secured $2 million from LocalGlobe, Pronomos Capital, and Future Africa, to build what it describes as “Africa’s first digital free zone”.

Catalyst Fund announces first close of $40M cleantech fund for African startups

Catalyst Fund has closed the first round of its $40 million venture capital fund and accelerator. The fund will be invested into African cleantech startups.