- AfyA Care is a healthcare group providing integrated healthcare services including hospital care, health insurance and health technology services in Nigeria. The investment reflects CCA’s strategy of backing high-potential growth businesses with the ability to positively impact communities, and to…
- Nigerian digital lender Payhippo has acquired Maritime Microfinance Bank, a financial institution that offers loans, supports investments and accepts deposits and savings. Although the Central Bank of Nigeria (CBN) is yet to approve this acquisition, Payhippo says this acquisition will enable them…
- Founded in 1995 by Sean O’Sullivan and formerly known as SOS Ventures, SOSV is a global venture capital firm that offers multi-stage investment, starting with pre-seed start-up development programs designed for founders with breakthrough technologies.
The post Orbit Start-ups and Africa’s Emerging…
- Mapping out budgeting, saving, spending and making smart investments can help to provide you with enough funds to make your financial life better and secure your future financially. Investment plans are financial products that allow you to build wealth for the future and accomplish financial goals…
- Morocco-based open finance startup Spotter has raised an undisclosed amount of funding from UM6P Ventures. The announcement was made through professional networking platofrm, LinkedIn. The startup took part in the first Plug and Play acceleration programme held in Morocco. Founded by Abdele…
- UNLOCK, MENA’s first AI-powered and fintech-enabled B2B marketplace for professional services, is proud to announce the closure of a USD 6-figures angel investors’ round, led by Tarek Roushdy of UI Investments, together with a group of angel investors. UNLOCK is transforming the way companies buy…
- Cape Town-based “privacy-by-design” startup Omnisient has raised an undisclosed amount of funding from old and new investors to support its continued international expansion and further develop its platform. Omnisient specialises in secure data-sharing for businesses. The startup’s platform …
- Recently, GetFundedAfrica partnered with Linkstar to aid African start-ups scale and grow. GetFundedAfrica is building Africa’s largest tech-enabled marketplace which connects African founders with global mentors, coaches, corporates, investors and government; while Linkstar provides a vetted…
- Egyptian fintech startup MoneyFellows has announced the first close of its Series B round funding with a US$31 million investment to help it accelerate its growth and move into new markets. MoneyFellows is a mobile-based platform that digitises money circles or Rotating Savings and Credit…
- Current interest in climate technology is understandable, and Satgana, a new venture capital business with offices in Paris (Satgana means “a nice company” in Sanskrit), thinks that its take on the subject will gain traction. A projected €30 million fund has just finished its first closing to…
- For at least three years, Sistema.bio will provide its biodigesters “at affordable prices” to small and medium-sized farmers and dairymen in East Africa. The Mexico City, Mexico-based company has just secured 1.2 billion Kenyan shillings (about $10 million) in new funding from the public benefit…
- SmallSmall, a Nigerian proptech startup, has raised $3 million in seed funding — $2 million in equity and $1 million in debt.Techstars, Oyster Ventures, Asymmetry Ventures, Vivaz, and Niche Capital are among the investors. Also, individual angels like Chartboost’s Sean Fannan, Universe’s Adam…
- Acquiring a new business is an excellent way for a company to expand and thrive. It can also help businesses by creating new products and diversifying their client base. However, if you want to make an acquisition, you need to design a merger plan and implement strategies that ensure your company…
- Maintenance of your make-up items is a vital part of every make-up-using woman’s routine. It does not matter whether you are a professional make-up artist or own a personal cosmetics kit, you should be familiar with storing, washing, cleaning, and, inevitably, ditching techniques of beauty items…
- Egyptian fintech startup Kiwe, a social payment app targeting the unbanked segment, has secured funding from valU, a subsidiary of EFG Hermes Holding that provides a buy now pay later (BNPL) service with a presence in Egypt and Saudi Arabia. Founded in March 2021 by Fatma Khalifa, Omar Kamel and…
- The Africa Finance Corporation (AFC) has received a total of $389 million in a dual currency Samurai term loan to diversify funding sources and build infrastructure, the Lagos-based financier said on Tuesday. AFC plans to tap investors to diversify its funding sources to include more institutional…
- Having a successful start-up culture is as important (if not more) as the company's product/service, team, and timing.
The post 5 Characteristics of a Successful Start-up Culture appeared first on GetFundedAfrica Media.
- Blunder #1: Asking customers what they want. As Steve Jobs famously said, “It’s not the customer’s job to know what they want.” The main reason you can’t just ask customers what they want is that they aren’t always attuned to what they really need. Typically, it is easier for people to review and…
- In this week’s Episode of GFA ROUND-UP, Nichole Manhire and Axara discussed five African Startups that received Funding in recent times. They gave full details on the following: The amount of investment made The Location of each StartUp Their Business Model Future Prediction of the industry. The…
- The company stated this in a disclosure signed by Leo Okafor, group company secretary. Anene’s experience spans investments, capital markets, pensions, finance, and banking operations. What you should know about Anene Sunny is currently the group executive director of United Capital Plc and is…
- The Egyptian B2B e-commerce startup MaxAB has raised $40 million in pre-Series B, aiming to cover all of Morocco by the end of 2023. The e-commerce marketplace connects food and grocery retailers to suppliers in Egypt and Morocco. However, the company plans to reinforce its presence across the…
- GetFundedAfrica has just announced the launch of the 2022 Legacy Cohort Program which kicked off on the 19th of October 2022. Eleven startups were selected to participate in this intensive 4-week investor-readiness program designed to help entrepreneurs become extra ready to take on the investment…
- Whether your make-up routine is light and barely there or you favour a glam and dramatic look, these must-have beauty items are prerequisites in the cosmetics bag of every makeup-wearing woman.
The post 10 Must-have Beauty Items for Today’s Woman appeared first on GetFundedAfrica Media.
- The fund will fast-track Bumpa’s goal to build the future of commerce for African sellers. Other investors who participated in the round were Plug & Play Ventures — through their commerce fund, SHL Capital — Sahil Lavingia, CEO of Gumroad, Magic Fund, Jedar Capital, DFS Labs, FirstCheck Africa…
- Moove, the world’s first mobility fintech and Uber’s largest vehicle supply partner in EMEA, is announcing it has raised £15 million in financing from Emso Asset Management to scale up its UK operations following a successful launch in August. The new financing facility will enable the mobility…
- The state-owned provider of digital payment solutions, eFinance Group, has invested $5 million in Nexta, an Egyptian company that intends to release its banking app in the upcoming months. This information comes after Nexta disclosed a $2 million pre-seed round in March, which was led by Egyptian…
- So far, you’ve worked hard to get your startup past the early stages, and you now have a proven product, a solid user base, and a consistent revenue stream, but all you need now is a venture capitalist or venture capital firm. However, this stage presents a unique set of challenges that many…
- The United States Agency for International Development (USAID) has allocated renewable energy company Baobab+ US$1.5 million to grow in the Democratic Republic of the Congo (DRC), giving access to electricity to enable access to finance. “We sincerely thank DIV for their support. This grant was key…
- Democratised access to digital assets is key to getting emerging market investors on a level playing field, giving them the opportunity to take control of their finances and battle the dual challenges of inflation and the rising costs of living. Helping them on this journey, crypto investments…
- An E-commerce platform based In Egypt and the MENA region, Kenzz has secured $3.5 million in seed capital. Outliers Venture Capital, a venture capital firm with a focus on the MENA region, headed the round. Samurai Incubate, Foundation Ventures, and HOF Capital are a few of the investors who are…
- Nigerian fintech startup, Maplerad has raised $6 million in seed funding led by Peter Thiel’s Valar Ventures. The fund will enable the acquisition of more customers for Maplerad, enhance the process to get additional licenses and build its team, as well as deepen its reach across Africa. Other…
- South African prop-tech startup PropSource has raised an undisclosed amount of funding as it builds out its residential product offering. PropSource is a commercial property brokerage that works closely with listed nationals, or reits, nationwide to fill vacancies in their property portfolios. The…
- Stears has announced a $3.3 million seed round with MaC Venture Capital as the lead investor. Participating companies included Serena Ventures, Luminate Fund of Omidyar Group, Melo 7 Tech Partners, and Cascador (Empowering Economic Growth Foundation). Two years after raising $650,000 in pre-seed…
- Renew Capital, an impact investment firm focused on developing small and medium-sized enterprises (SMEs) in Africa via its network of investors, the Renew Capital Angels, has made a new investment in Easy Matatu, a Ugandan minibus ridesharing service. The funding will be used to expand Easy Matatu’…
- Egypt-based Gaming platform, Cryptyd Inc has secured new funding round from existing and new investors. Proceeds from the new round will be used to support marketing costs of the company’s flagship product Baloot Quest targeting GCC markets. Baloot is a multiplayer synchronous game that requires a…
- The SaaS startup that originated from Egypt and relocated to Saudi Arabia, Glamera, has raised Seed funding of $1.3 million in a round that was led by Riyadh Angels Investors (RAI). The round witnessed participation from Techstars Accelerator, Ithraa Venture Capital, 100 Ventures, Silicon Valley…
- A pitch deck is critical when it comes to attracting investors and raising funds to expand your startup. It is a valuable resource that any entrepreneur can use to convince investors to become partners in their vision and invest their money. A pitch deck is a slide presentation that summarizes…
- The Untours Foundation, a Canadian investment company, Klister Credit Corp., a number of angel investors, including Fede Pirzio-Biroli, the founder of Playfair Capital, Ian McCaig, the former CEO of lastminute.com and a director of M-Kopa, Rich Hoops, the executive director of Impact Capital,…
- Algebra Ventures, Egypt’s leading venture capital firm, has completed a $100 million first close of its second Egypt-focused fund, exceeding the $90 million goal – its biggest to date. The company has already invested in four startups as part of its second fund including online used-car retailer…
- Proptech startup Spleet has secured $2.6 million in seed funding led by MaC Venture Capital, with participation from existing investors Metaprop VC, and HoaQ Fund. This round welcomed several other investors, including Noemis Ventures, Plug and Play Ventures, Assembly Fund, Ajim Capital, Francis…
- International calling app Talk360, which enables people around the world to make reliable and affordable calls to any landline or mobile phone worldwide, has secured an additional $3 million in seed round funding, taking its total seed round to $7 million after its first closing in May. The funds…
- Startups are hard. 90% fail, with 10% within the first year itself. If you’re a startup founder, you already know these records and yet you are irrationally proceeding forward. Awesome! We did the same thing some years back, and having successfully sold the company, we’ve learnt a few hard lessons…
- About Omnibiz Africa Omnibiz is a B2B e-commerce platform for FMCG manufacturers, distributors, and retailers. Omnibiz Africa has simplified the process for over 50,000 retailers to purchase from Omnibiz’s over 500+ products, guaranteeing retailers achieve higher ROI and distributors/manufacturers…
- One of the most main challenges that entrepreneurs face is a lack of capital. Entrepreneurship is significantly influenced by access to capital, both directly and indirectly. Barriers to entrepreneurship in terms of geography, demographics, and wealth are made worse by a capital market structure…
- Kenyan Agritech startup, iProcure has secured a Series B funding round of $10.2 million which was led by Investisseurs & Partenaires (I&P) and participation from Novastar Ventures, Ceniarth, and British International Investment (BII). This funding will be used to grow its presence in Kenya…
- Stimulus, a PA-based relationship intelligence startup has recently raised $2.5M in a seed funding round led by Black Ops VC, with participation from Genius Guild, Morgan Stanley, Northwestern Mutual Future Ventures, REFASHIOND Ventures, Bronze Valley, The BFM Fund, Plain Sight Capital and Penn…
- In the make-up industry, you will find these two, or rather three, categories of individuals contouring their way to careering fulfilment
The post Full-time vs Freelance Make-up Artist: Who Fares Better? appeared first on GetFundedAfrica Media.
- Black-owned salon and barbershop booth rental app, ShearShare has raised $2.3M in a seed funding round led by Fearless Fund with participation from Level Up Ventures, New York Ventures, Gaingels, Chloe Capital, Portfolia, Pipline Angels, Bacon Family Trust, and ACV Auctions co-founder Jack Greco. …
- Bonbell, an Egyptian startup that specializes in food ordering and digital solutions for table and meal reservations, has raised $350,000 in seed funding to help it expand its services and user base. Launched early this year, Bonbell offers a wide range of food ordering services, from food delivery…
- Yellow Card, a Nigerian cryptocurrency startup, has launched a new service called Yellow Pay, which aims to make money transfers easier and also open up the continent to more investment, access to credit, and business grants. Formed in 2018 and launched in Nigeria in 2019, Yellow Card makes it easy…
