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Funding
22 posts
Funding announcements by startups across Sub-Sahara Africa that matter.
Norrsken22 closes $205m growth fund to address funding decline in Africa
Norrsken22, a tech growth equity fund, has announced that it has closed its first African technology growth fund…
Egyptian health-tech Almouneer raises $3.6m seed funding to transform diabetes and obesity care
Almouneer is on a mission to revolutionize healthcare for individuals dealing with diabetes and obesity
Crypto payment startup Triple-A raises $10m in funding despite market turmoil
Triple-A secured a substantial $10 million in funding during a time when many crypto firms are struggling to survive
Renowned Venture Capitalist, Lexi Novitske says African crypto startups may not need VC funding to grow
Commenting on whether these startups have justified the amount of investment and trust vested in them over the years, Lexi Novitske says we can’t group them all in a single bracket.
Africa has the fastest blockchain adoption rate as crypto market grew 1200% in 2 years -Emurgo Report
Blockchain funding across Africa increased by 1,668% between 2021 and 2022
South African fintech Stitch secures $25m to invest in its open banking solutions
Open banking, characterized by traditional banks opening up their data through application programming interfaces (APIs), has been a game-changer in the global payments landscape
African VC firm Enza Capital raises $58 million, launches “Founder Partner” program
The African VC firm primarily targeted seed, pre-seed and seed-stage startups
African crypto startup funding winter; where do we go from here?
It feels like a long time ago when a week wouldn’t pass without a startup in the African…
Ivorian e-commerce startup ANKA raises $5m to onboard 100,000 African sellers by 2030
ANKA, the Ivorian SaaS e-commerce platform for African businesses, has raised $5 million in a pre-Series A extension…
Nigerian Web3 startup Nestcoin raises $1.9m to develop its digital wallet, Onboard
Nestcoin was launched to build, invest and operate web3 and non-custodial products for customers in frontier markets
