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Funding
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Funding announcements by startups across Sub-Sahara Africa that matter.
Nigeria’s blockchain-powered anti-counterfeiting startup, Chekkit, secures funding from Adaverse to scale its technology
Nigerian tracking and monitoring health tech startup, Chekkit has raised an undisclosed round from Adaverse, a Cardano ecosystem…
Nigeria’s HouseAfrica raises $400,000, unveils Sytemap to increase transparency in land transactions using blockchain technology
HouseAfrica has announced the closure of four hundred thousand dollars ($400,000) in funding. Six years after its launch,…
5 VC firms investing in early-stage African tech companies
Over time, venture capital has become a crucial source for startups and young businesses to get funding. Venture…
Kenya’s Workpay set to operate in 40 African countries after $2.7m raise
WorkPay, a Kenyan HR payroll startup, has disclosed plans to expand its services which help clients manage employee…
Qotto raises $ 8 million in series A round to expand to Cote d’Ivoire
Qotto, a clean-tech company which distributes and operates solar home systems in Africa, has raised $8 million in…
South Africa’s Lulalend raises $34m in funding to launch banking product
Lulalend, a South African digital lender startup that provides varied loans to underserved small and medium-sized businesses, has…
Egypt’s MNT-Halan raises $400M to become Africa’s latest unicorn
Egypt’s largest and fast-growing lender to the banked and unbanked, MNT-Halan, has raised over $400 million in equity and…
South Africa’s Teraco secures syndicated loan worth over $670m to create energy-efficient data centres
Teraco, a digital realty company in South Africa and a leading carrier-neutral data centre/interconnection services provider, has announced…
Egypt-based Suplyd raises $1.6m to digitise HORECA supply chain in MENA regions
Egypt-based Suplyd, a startup that digitizes supply chain operations for the MENA region’s hotels, restaurants, and catering (HORECA)…
Egypt’s Grinta raises $8 Million in seed funding
...the new round brings its total funding to date to $9.5 million.