LAGOS, Aug 26 – Ventures Platform has closed its second institutional fund at $84 million, giving the Nigerian venture capital firm greater …
Startups and Venture Capital
- Startups and Venture Capital
Moove Raises $250 Million at $2.1 Billion Valuation to Accelerate Autonomous Mobility Expansion
LAGOS, Aug 5 – Moove an African mobility fintech has raised $250 million in a Series C funding round, valuing the company …
- Startups and Venture Capital
Grocery Delivery Startup GoLemon Shuts Down After Failing to Secure Funding
ABUJA, July 30 – Nigerian grocery delivery startup GoLemon is shutting down after failing to raise the funding needed to keep its …
- Startups and Venture Capital
African Startups Raise $1.44 Billion in H1 2026 as Venture Capital Becomes More Concentrated
LAGOS, July 27 – African startups raised $1.44 billion during the first half of 2026, according to TechCabal Insights, broadly matching the …
NAIROBI, July 9 – Administrators have started the sale process for the assets of Koko Networks, marking the next stage in winding …
- Startups and Venture Capital
TechBBQ Secures $620,000 Grant to Link Nordic Investors With African Startups
NAIROBI, June 23 – Danish non profit startup conference organiser TechBBQ has secured DKK4 million ($620,000) from the Novo Nordisk Foundation to …
- Startups and Venture Capital
Spiro Secures $215 Million to Expand Electric Motorcycle Network Across Africa
JOHANNESBERG, June 2 – Africa’s Largest Electric mobility company Spiro has raised $215 million in new equity funding to support the expansion …
- Startups and Venture Capital
Nigeria’s SBP Ventures Launches ₦20 Million SME Innovation Challenge to Connect Founders With Capital
LAGOS, May 22 – SBP Ventures has opened applications for the inaugural Small Business Innovation Challenge, a televised entrepreneurship competition designed to …
- Startups and Venture Capital
South Africa’s NjiaPay Secures $2.1 Million Seed Round to Expand Payment Infrastructure Across Africa
JOHANNESBURG, Mar 9 – NjiaPay, a South African payment routing startup, has raised $2.1 million in a seed funding round as it …
- Startups and Venture Capital
Mubadala, Saudi Investors and IFC Invest $50 Million in Egypt’s Breadfast
CAIRO, Feb 16 – Egyptian e-commerce platform Breadfast has secured 50 million dollars in a pre Series C funding round backed by …