Ghana-based Oyster Agribusiness has raised $2 million in funding to support its mission of transforming agriculture through climate-smart practices. With leading investors including Pangea Africa Limited, Root Capital, RDF Ghana,…
Moniepoint, a leading Nigerian fintech firm, has solidified its position in Africa’s tech ecosystem by achieving unicorn status with a valuation of $1 billion, thanks to a $110 million funding…
In a recent report from CNBC, OpenAI, the company behind the revolutionary chatbot ChatGPT, is projected to incur a $5 billion loss by the end of 2024. This comes despite…
We are thrilled to announce Avid Ventures Fund II, now with $87M in committed capital, bringing the total Avid AUM to $165M! Avid Ventures will continue to back exceptional early-stage…
The African startup ecosystem has been buzzing with activity this past week, with several notable startups raising capital to accelerate their growth and scale innovative solutions. From fintech to cleantech,…
This week saw a diverse array of funding rounds across several sectors, showcasing the vibrancy and growth potential of the African startup ecosystem. From fintech to health tech and energy…
Cercli, a promising HR tech startup, has raised $4 million in a funding round aimed at building an all-in-one platform tailored for businesses in the MENA region. The round saw…
Chpter, a promising fintech startup based in Kenya, has announced the successful close of its pre-seed funding round. The round was led by LoftyInc Capital Management, with participation from Voltron…
Rubyx, a fintech startup based in Senegal, has secured a $440,000 loan from Proparco, the French development finance institution. This funding is set to bolster Rubyx’s mission to enhance financial…
Kasha, a Rwandan digital health access startup, has announced another successful funding round to fuel its expansion across Africa. The latest investment comes from Finnfund, with additional participation from Blue…
