TradeDepot, an innovative SaaS platform for FMCG distribution in Africa, raised $3m in Series A funding.
Branch International, a San Francisco, CA-based mobile branchless bank for emerging markets, raised $70m in Series B debt and equity funding.
Farmcrowdy, a Lagos, Nigeria-based digital agriculture platform, secured $1m in seed funding.
BitPesa, a blockchain payments platform for Africa, raised a new funding as a follow-up to its Series A round.
Tizeti, a Menlo Park, CA and Lagos, Nigeria based broadband internet startup, closed a $2.1m seed funding.
Tizeti Inc., a Menlo Park, CA and Lagos, Nigeria based broadband internet startup, raised a venture capital funding round from Zeno Ventures.
Lidya, a fintech platform based in Nigeria, closed a US$1.25m seed funding round.
Interswitch, an Africa-focused integrated digital payments and commerce company, received a minority equity investment from TA Associates.
BudgIT, a Lagos, Nigeria-based government transparency organization, recieved up to $1.5m three-year grant.
Paystack, a Lagos, Nigeria-based fintech startup, raised $1.3m in seed funding.
Zinox Technologies, a Lagos, Nigeria-based ICT manufacturing company, secured $25m in funding.
Andela, a global tech talent provider, raised $24M in Series B funding.
Africa Internet Group, an African e-commerce platform, received a €75m equity investment from telecommunications operator Orange.
Africa Internet Group, the parent of ecommerce platform Jumia, and other Internet platforms operating in Africa, secured more than €300m in funding.
Africa Internet Group (AIG), an African e-commerce group, received a €75m investment from insurance and asset management giant AXA.