Funding News in Africa
The funding is in step with Maxula Gestion's broader ambition to inject fresh life into Tunisia's sports sector through innovative ideas.
Egypt’s MoneyHash Lands $5.2 million in Pre-Series A Funding, Seeks To Unify African Payment Systems
MoneyHash's milestone funding comes amid rising investment in African fintech startups, which have proven to be trailblazers in venture capital funding on the continent.
"This investment marks an exciting milestone, as we continue to define a new category of insurance,” says Alex Thomson, co-founder of Naked.
Since its inception in 2021, Onafriq has rapidly spread across Africa through acquisitions and organic growth while its headquarters remained in London.
The $1 million loan to Ilara Health is part of a larger portfolio of 22 transactions approved by DFC in the first quarter of FY2025, amounting to nearly $3 billion.
The company says it is committed to social impact, focusing on recruitment and training of local “washmen” and establishing a “Washminute Academy” to provide upskilling opportunities for employees and partners.
With this latest funding round, Sistema.bio has raised a total of $18.5 million in 2024. The funds will be used for regional expansion, product development, and supporting the company’s anticipated...
Having onboarded over 50 B2B customers and forged partnerships with the United Nations and Microsoft, TACo seems to be gaining significant traction.
At the moment, LemFi operates across 27 send-from markets and 20 send-to countries, including Nigeria, Kenya, India, China, and Pakistan.
Network International will utilize its extensive pan-regional experience to support Money Fellows' expansion into Morocco and the wider African region.
