Africa Healthcare Network, a Nairobi, Kenya-based provider of dialysis services in Africa, raised $20M in funding.
Bio-Logical, a Nairobi, Kenya-based climate tech company, raised $1m in Seed funding.
Turaco, an African tech-enabled affordable insurance company, acquired MicroEnsure Ghana, a microinsurance company, from MIC Global.
Zanifu, a Nairobi, Kenya-based provider of a financial services platform, received an investment from Beyond Capital Ventures.
d.light, a Nairobi, Kenya-based global provider of household products and finance for low-income households, secured a $30m securitization facility from the Eastern and Southern African Trade and Development Bank Group (TDB Group).
Aquasantec International, a manufacturer and distributor of water tanks, pipes and related products, addressing water, sanitation and hygiene needs across the East African region, received a USD25m investment from Vantage Capital.
Jia, a blockchain-based fintech providing loans to micro and small businesses in emerging markets, raised $4.3m in seed funding.
M-KOPA, a Nairobi, Kenya-based provider of a fintech platform for digital financial services, raised $250M in funding.
Equator, a Nairobi, Kenya-based climate-tech venture capital firm focused on Sub-Saharan Africa, announced the initial close of its first fund with approximately $40m USD in commitments.
Powered by People, a Nairobi, Kenya-based provider of a digital wholesale platform, raised over $8M in Series A funding.
Smile Identity, a Lagos, Nigeria, London, UK, Cape Town South Africa and Nairobi, Kenya-based provider of a KYC onboarding and identity verification platform for Africa, raised $20M in Series B funding.
eWAKA, a Nairobi, Kenya-based sustainable mobility startup, raised CHF500K loan.
Sun King, a provider of solar energy products for off-grid homes in Africa and Asia, raised additional $70M in an extension of its Series D round.
Fin (formerly known as Finclusion Group), a Nairobi, Kenya-based financial services provider, raised USD$2M in funding.
Leta, a Nairobi, Kenya-based supply chain and logistics startup, raised $3M in Pre-Seed funding.