venture capital

Oct
06
The Draft: Google is betting $50 million in African startups

The Draft: Google is betting $50 million in African startups

Welcome to The Draft, a weekly series by Techloy that highlights the most interesting business and financial stories in the
5 min read
Sep
22
The Draft: India's Apna secures $100 million for expansion plans into Africa

The Draft: India's Apna secures $100 million for expansion plans into Africa

Welcome to The Draft, a Techloy weekly series that highlights the most interesting business and financial stories in the technology
7 min read
Sep
08
Africa's largest fintech app hits 50M active users; 500K businesses transact more than $7B every month

Africa's largest fintech app hits 50M active users; 500K businesses transact more than $7B every month

Welcome to The Draft, a Techloy weekly series that highlights the most interesting business and financial stories in the technology
7 min read
Aug
06
Decagon is piloting merit-based loan financing for tech talents in Nigeria

Decagon is piloting merit-based loan financing for tech talents in Nigeria

The edtech company is definitely up to something here. It seems as if the company is saying: we are not just another tech talent accelerator. By Loy Okezie, Techloy Editor.
2 min read
Jul
27
South African insurtech startup Ctrl secures $2.3 million

South African insurtech startup Ctrl secures $2.3 million

Digital insurance advice platform, @Ctrl_Advisor, which provides an insurance marketplace that connects consumers, brokers and insurers, has secured a
Jul
27
Convergence Partners raises $120 million to drive digital inclusion in Africa

Convergence Partners raises $120 million to drive digital inclusion in Africa

African tech-focused private equity investor, Convergence Partners, says it has raised $120 million for its third fund, the Convergence Partners Digital Infrastructure Fund (CPDIF).
Jul
27
South African fintech startup, Pineapple raises $3.4 million

South African fintech startup, Pineapple raises $3.4 million

South African fintech startup, Pineapple has raised R80 million ($3.4 million) in Series A funding to expand further into
Jul
27
South Africa's Yoco raises $83 million

South Africa's Yoco raises $83 million

South Africa's Yoco says it has raised a Series C funding round of $83 million (R1.23 billion) to accelerate
Jul
08
Nigeria's Daystar Power secures an IFC-backed $20 million facility

Nigeria's Daystar Power secures an IFC-backed $20 million facility

The latest funding will enable it to continue its investments into hybrid renewable energy systems in Nigeria.
1 min read
Jul
07
Egypt's Maxab raises $40 million in Series A round

Egypt's Maxab raises $40 million in Series A round

The Series A round was led by RMBV, a North Africa-focused impact investor.