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Channel: Funding – Technology news and startup culture in Africa | TechLoy
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Crowdfunding Now Available To African Entrepeneurs Through JumpStart

How many times have you had that killer idea but you had to shelve it because of a lack of capital or a money related obstacle?

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Funda Solva Wants To Fund You Through Crowdfunding

In this year, we have witnessed a small surge in the crowdfunding space in Africa and Nigeria. The likes of PushandStart and JumpStart Africa have commenced operations and are now welcoming ideas and...

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VC4Africa Says $26.9 Million Invested In African Startups In The Past Year

New research by startup funding platform VC4Africa shows considerable progress made by early-stage growth companies across Africa. This is an annual study on the various startups across Africa and the...

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Orange Launches Digital Ventures, A Funding Vehicle For StartUps

Orange has launched a funding vehicle for startups in its bid to build on its existing open innovation strategy with an “early stage” investment program branded Orange Digital Ventures.

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Airtel’s Catapult-A-StartUp Application Closes On Jan 25

If you are a startup founder currently wondering how and where you are going to get funding for your dear startup, look no futher again. Apply to Airtel's Catapult-A-StartUp now.

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Africa-Focused Technology Logistics Company, ACE To Receive $2.6 Million USD...

Africa Courier Express (ACE), formerly A-Post, a Nigeria-based and Africa-focused technology driven e-commerce logistics and warehousing firm has received funding of US$850,000 from Interswitch's...

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Kenya’s FinTech Startup, Weza Tele Acquired By AFB For $1.7 Million

Kenyan financial technology startup, Weza Tele has been acquired by financial services group AFB for US$1.7 million, reports Disrupt Africa. In a statement on the company’s website, chief executive...

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Nigeria’s Online Hotel Booking Service Raises $1.2 Million

Nigeria’s online hotel booking service, Hotels.ng, has raised $1.2 million from the Omidyar Network, the investment vehicle of eBay founder Pierre Omidyar, and EchoVC Pan-Africa Fund, a seed-stage...

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Cisco to invest $10 billion in China expansion

Cisco, the world’s biggest maker of switching equipment and routers that run the Internet, has announced plans to invest more than $10 billion in China along with local business partners over the next...

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Andela Closes $10 Million “Series A” Funding Round Led By Spark Capital

Andela, an Africa-focused technology talent accelerator that trains software developers and matches them with global employers, has closed a Series A funding round, believed to be over $10 million,...

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South Africa’s Naspers invests into Bitcoin start-up, BitX

According to a report from TechCentral, Naspers is leading a $4million USD funding round in Bitcoin start-up, BitX. The Singapore-based startup, with operations in South Africa, Nigeria, Kenya,...

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Nigeria’s Online Retailer For Audio Books, TalkingBookz Receives Seed Investment

TalkingBookz, a Nigerian-based startup that makes audio books available online for sale has received seed investment from Marek Zmyslowski, the co-founder and managing director of Jovago, a leading...

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440 Wants To Fund Startups in Less Than 24 Hours at Deal Weekend Lagos 2015

Tech startup investment fund, 440, a Joint Venture between Nigeria’s L5Lab and and Kenya’s 88mph has launched Deal Weekend Lagos, a 24-hour event where startups will compete to receive equity-based...

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Kenya’s solar-powered internet service provider, Mawingu Networks receives...

The Overseas Private Investment Corporation (OPIC), the US government’s finance institution, is investing in Kenya’s Mawingu Networks in a reported US$4 million deal. The move is to help Mawingu, which...

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Awamo GmbH raises EUR500,000 in first round funding

Awamo GmbH, which is an acronym made of the initials of Anton Wilhelm Amo, has raised EUR500,000 in its first funding round. EUR400,000 was provided by business angels from Europe, US and the United...

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Investment Company, Abraaj Group closes investment fund at $375 million USD

The Abraaj Group, a premier investment company specialised in private equity investments, has announced the final closure of an investment fund at $375 million USD. The investment fund is its second...

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Nigeria’s TopCheck raises €1 million in seed financing round

TopCheck, a price comparison platform for car insurance and financial services, has announced a seed investment of €1 million by investors around the world. The investment fund will be used by TopCheck...

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Egypt-based online recruitment site, Wuzzuf raises $1.7 million in Series A...

Egypt-based Wuzzuf, an online recruitment platform, has raised $1.7 million USD in a series A funding round led by London-based Piton Capital and Stockholm-based Vostok New Ventures Ltd. Wuzzuf,...

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South Africa’s WhereIsMyTransport raises R12 million in funding round

Cape Town-based WhereIsMyTransport, a startup dedicated to improving and integrating the commuter experience in emerging markets through its platform, has raised R12million in a funding round....

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InVenture raises US$10million in series A funding round to expand in Africa

InVenture, a US-based company enabling the unbanked in emerging markets to easily access micro-loans, has raised US$10million in a series A funding round. With the cash injection, InVenture, which...

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