Category: africa
Kenyan insurtech Lami’s bid to acquire Bluewave collapses
Kenyan insurtech Lami Technologies February last year announced its acquisition of Bluewave, another startup within the insurance space, to expand its product offerings and enable it to scale into new markets in Africa, but it has now emerged that the …
YC-backed fintech Bujeti raises $2M for its corporate cards and spend management platform
African corporate cards and spend management platform Bujeti has raised $2 million in seed funding. The startup, involved with how African businesses, including SMBs, startups and enterprises, manage and handle finances, received this capital from lead…
Omniful, a supply chain and e-commerce enablement startup, emerges from stealth with $5.85M
Supply chain and e-commerce enablement startup, Omniful, has today emerged from stealth with $5.85 million seed funding led by VentureSouq, with participation from 500 Global, DASH Ventures, Jahez Group, SEEDRA Ventures, Bunat Ventures, Hala Ventures, …
Egypt’s Mtor nabs $2.8M pre-seed for its online auto parts marketplace
Egyptian online auto parts marketplace Mtor has raised $2.8 million in pre-seed investment led by MENA-focused venture capital firm Algebra Ventures. Other investors that participated in the round include Dutch Founders Fund (DFF), Aditum Ventures, Lof…
Salesforce Ventures and Female Founders Fund back Kenyan climate-tech Amini in $4M seed round
Amini, a Kenya-based climate-tech startup bridging the environmental data gap in Africa, has raised $4 million seed funding in a round led by Salesforce Ventures and the Female Founders Fund. Climate-tech VC Satgana also participated alongside other in…
South African startup GoMetro gets £9M for its fleet management optimization software
GoMetro, a South African tech company that operates in the fleet management space, has raised £9 million (~$11.4 million) in a Series A funding round led by Zenobē Energy, a strategic investor renowned for financing and operating electric buses. Zenobē…
Saviu Ventures’ second fund reaches €12 million first close to back Francophone Africa startups
Saviu Ventures, a VC firm targeting startups in Francophone Africa, has made an initial close of €12 million for its second fund with the backing of private investors, including French and Kenyan family offices. The VC firm aims to close the fund at be…
Interactive Map: The World as 1,000 People
How would all the people in the world be spread out if there were only 1,000 people on Earth? This interactive map examines the breakdown. The post Interactive Map: The World as 1,000 People appeared first on Visual Capitalist.
Cameroonian healthtech Waspito gets $2.5M seed extension to scale, tap offline patients
Cameroonian health startup Waspito has secured a $2.5 million seed extension from DP World through Newtown Partners, Saviu Ventures, AAIC Investment, Axian ventures and CFAO’s Health54 to spur its growth in the Francophone region. Waspito is a health-f…
Online grocery startup Pricepally to expand in Nigeria backed by $1.3M funding
Pricepally, a Nigerian online grocery store for fresh produce and packaged food, has raised $1.3 million seed funding, backed by Samurai Incubate; a Japanese VC that also participated in the startup’s 2021 pre-seed round, SOSV, ELEA, Hi2 Global, Chui V…