January 8, 2021
Egyptian based Cassbana raises US$1-million from investors led by Disruptech
Cassbana, an Egyptian based fintech startup that uses artificial intelligence to manage a behaviorual based credit scoring system, has raised...
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December 28, 2020
Enygma Ventures provides US$650,000 investor funding to Premier Credit
Premier Credit, an online micro-lending platform that operates in Kenya, South Africa, Tanzania, Uganda, Zambia and Zimbabwe has received a...
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December 18, 2020
CredPal raises US$1.5-million from Y Combinator and other VC firms
CredPal has raised US$1.5-million from a large consortium of venture capital (VC) investors which included Y Combinator, GreenHouse Capital and...
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December 17, 2020
IFC provides US$10-million credit line facility to I&M Bank
The International Finance Corporation (IFC) has provided a US$10-million loan facility to I&M Bank (Rwanda), which must be used to...
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December 15, 2020
ILARA Health raises US$3.75-million from a consortium of investors led by TLcom Capital
ILARA Health, a Kenyan healthcare startup that provides point of care diagnostic testing to small primary care clinics, has raised...
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December 11, 2020
TLG Capital exits its successful investment in BAJ Stations Uganda
TLG Capital has exited its investment in BAJ Stations Uganda at above 30% internal rate of return after it initially...
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December 8, 2020
Inside Capital invests US$3.1-million in WeCycle (Mauritius)
Inside Capital has invested US$3.1-million in a Mauritius based recyclable waste collector, WeCycle. The company collects paper and cardboard waste...
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December 8, 2020
Edge Growth invests in Letsema Consulting and Advisory
Edge Growth has invested in Letsema Consulting and Advisory (“Letsema”) through a fund it manages known as the Vumela ESD...
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December 3, 2020
Zebu Investment Partners provides blended equity funding to Africa Merchant Capital Trade Finance
Zebu Investment Partners has secured funding for Africa Merchant Capital Trade Finance. Africa Merchant Capital Trade Finance provides secured and...
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November 24, 2020
Accelerex raises US$20-million from African Capital Alliance
Accelerex, a Mauritius headquartered payment terminal service provider to banks and merchants in Nigeria, has raised US$20-million from African Capital...
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