Startups

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RWANDA: Kigali-based Startup Ampersand Secures The Largest Investment In Electric Mobility In The East African Region.

April 16, 2021, 12:59 a.m.

Ampersand, a Kigali-based startup has obtained funding of $3.5 million from Ecosystem Integrity Fund (EIF) to scale up its operations, the largest investment in electric mobility in the East African region. read more

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Japanese VC Samurai Incubate Closes $18.6M Fund For African Startups

April 16, 2021, 12:19 a.m.

Samurai Incubate, a Tokyo-based venture capital firm, announced today it has closed its “Samurai Africa 2nd General Partnership” fund, totaling 2.026 billion yen (~$18.6 million). read more


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Nigeria’s GIG Logistics Eyes More Cross-border Deliveries With UK Launch

April 15, 2021, 12:57 p.m.

Nigerian logistics giant, GIG Logistics (GIGL), recently announced its expansion to Colchester, Essex, in the UK. The company says it’s now fully incorporated in the UK but plans to run its logistics service 100% digitally. read more


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BezoMoney Secures $200k In Seed Funding Round Led By Goodsoil VC

April 15, 2021, 11:46 a.m.

BezoMoney, a fintech company founded in 2019 that builds and provides digital financial services and products for unbanked and younger consumers has raised $200,000 in a seed round led by Goodsoil VC. read more

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Tolulope Ogunsina Was An Engineer At Amazon, Now His Startup Is Helping Kids And Adults Brush Their Teeth Better

April 14, 2021, 3:18 p.m.

As of 2019, Playbrush had raised over $3 million from investors, but the journey to building a product that teaches kids to brush their teeth did not start off as a way to make money. read more


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Quro Medical, The South African Startup Pioneering Hospital-at-home Services, Has Raised A $1.1m Seed Round

April 14, 2021, 2:06 p.m.

South African digital healthcare startup, Quro Medical, has just secured $1.1 million in seed funding. This round was led by Kenyan and South African venture capitalist firms Enza Capital and Mohau Equity Partners. read more

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