The European Investment Bank (EIB) has invested US$30 million in Seedstars Africa Ventures. This funding will strengthen the support provided to innovative businesses and startups… Read More »EIB Invests $30M in Seedstars Africa to Boost Innovation.
Applications are now open for the Tony Elumelu Foundation Entrepreneurship Programme (TEEP) 2024. It focuses on the economic recovery of small and medium-scale enterprises (SMEs)… Read More »The 2024 Tony Elumelu Foundation Entrepreneurship Competition for Africans Opens for Applications
Cloudline, a South African aerospace startup, has secured $6 million to advance its vision of global carbon emissions-free autonomous flight leadership. The funding supports Cloudline’s… Read More »South African Startup Cloudline Raises $6M Seed to Expand Into Namibia, Mozambique
South Africa Parcel shipping platform TUNL raises $1 million to accelerate growth of e-commerce exports from Africa in pre-seed funding from Founders Factory Africa, Digital… Read More »South Africa Shipping Platform TUNL Raises $1 Million in Pre-Seed Round
African fashion e-commerce startup MAKA, has announced a pre-seed round of $2.65 million. The Company pre-seed round was led by Pan-African venture capital firms 4DX… Read More »African Fashion Commerce Startup, MAKA Raises $2.65 Million Pre-Seed Round
Techstar and ARM Labs have Partnerd to Invest $1.2 Million among 12 African Startup’s after they were admitted to the second cohort of the African… Read More »Techstar, ARM Labs Partner to drive $1.2 Million Investment in 12 African Startups
African corporate cards and spend management platform Bujeti has raised $2 million in seed funding with leading accelerator Y Combinator at the forefront of the… Read More »Bujeti Raises $2 Million in Seed Funding to Transform Corporate Spending across Africa
Nigerian trade finance startup FrontEdge, which helps facilitate cross-border trades for African SMEs, has raised $10 million in debt and equity funding. To embark on… Read More »Nigerian Finance Startup FrontEdge Secures $10 Million for Expansion
The African Development Bank (AfDB) and Japan are set to partner in Startups and major conglomerates to co- create an investment ecosystem and spur growth… Read More »AfDB to Partner with Japan to Spur Investment Growth in Africa
Pricepally, a Nigerian online grocery startup for fresh and packaged food, has successfully raised $1.3 million in seed funding to help scale it’s expansion. The… Read More »Pricepally Secures $1.3M Funding for Nigerian Grocery Expansion