Funding Rounds & Deals

Sun King

Lead: BeyondNetZero

BeyondNetZero, Arch Emerging Markets, BII, Norfund

Kenya MEGA DEAL

Naked Insurance

Lead: IFC

IFC, Naspers Foundry

South Africa

LemFi

Lead: Highland Europe

Highland Europe, Target Global, YC, Left Lane Capital

Nigeria MEGA DEAL

Gozem

Lead: Partech Africa

Partech Africa, DAI Magister, Alitheia IDF, Proparco

Togo

TymeBank

Lead: Nubank

Nubank, M&G Catalyst, Tencent, African Rainbow Capital, Norrsken22, BII

South Africa MEGA DEAL

Watu Credit

Undisclosed lenders

Kenya MEGA DEAL

BasiGo

Lead: Africa50

Africa50, Mobility 54, ARCH Emerging Markets, Novastar

Kenya

d.light

Lead: African Frontier Capital

African Frontier Capital

Kenya MEGA DEAL

Moniepoint

Lead: Development Partners International

DPI, Google Africa Fund, Lightrock, QED Investors

Nigeria MEGA DEAL

Yellow Card

Lead: Blockchain Capital

Blockchain Capital, Polychain Capital, Valar Ventures

Nigeria

OneOrder

Lead: Delivery Hero Ventures

Delivery Hero Ventures, SANAD Fund, Endure Capital

Egypt

M-KOPA

Lead: US DFC

US DFC

Kenya MEGA DEAL

Spiro

Lead: Afreximbank

Afreximbank

Tanzania MEGA DEAL

Roam Electric

Lead: Equator Africa

Equator Africa, DFC, Factor[e] Ventures

Kenya

Moove

Lead: Uber

Uber, Mubadala, Africinvest, Future Africa, Palm Drive Capital

Nigeria MEGA DEAL

SunCulture

Lead: InfraCo Africa

InfraCo Africa, Energy Access Ventures, KfW

Kenya

Chowdeck

Undisclosed investors

Nigeria

Flutterwave

Undisclosed lenders

Nigeria MEGA DEAL

NALA

Lead: Acrew Capital

Acrew Capital, Amplo, HOF Capital

Kenya

Showmax

Lead: MultiChoice

MultiChoice, NBCUniversal, Comcast

South Africa MEGA DEAL

Foodics MENA

Undisclosed investors

Egypt MEGA DEAL

Sendmarc

Undisclosed investors

South Africa

Taptap Send

Undisclosed investors

Ghana MEGA DEAL

Carry1st

Lead: a16z

a16z, Avenir, Riot Games, Konvoy, Google

Nigeria

Julaya

Lead: Speedinvest

Speedinvest, Partech Africa, Orange Ventures, YC

Cote d'Ivoire

Remedial Health

Lead: TQ Ventures

TQ Ventures, YC, Tencent

Nigeria

Omnibiz

Undisclosed investors

Nigeria

Sabi

Lead: Norrsken22

Norrsken22, CRE Venture Capital, Tiger Global

Nigeria Female-led

Zipline

Lead: Softbank

Softbank, Temasek, Katalyst Ventures, Goldman Sachs

Kenya MEGA DEAL

PayGo Energy

Undisclosed investors

Kenya

Korapay

Undisclosed investors

Nigeria

Yellow Solar

Undisclosed investors

Malawi

Pula

Undisclosed investors

Kenya Female-led

Watu Credit

Undisclosed debt providers

Kenya MEGA DEAL

Sun King

Multiple DFIs

Kenya MEGA DEAL

Nuru

Impact investors

Democratic Republic of the Congo