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Norebase raises $1M to allow companies start, scale, and operate in any African country

TechCrunch

Trade has the least startup activity in a market that received $5 billion in VC funding last year. “Providing a framework where people can operate and scale their solutions to several markets at once is incredibly important,” said Onayemi, who also co-founded Future Africa, an Africa-focused VC fund.

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4DX Ventures and Flutterwave back Francophone Africa’s CinetPay in $2.4M round

TechCrunch

million in seed funding. Pan-African venture capital fund 4DX Ventures and unicorn Flutterwave are the investors in the round, and it signifies two particular markers for the pair. CinetPay , a payment gateway that allows e-merchants and merchants to accept mobile money and other forms of payments in Francophone Africa, has secured $2.4

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Autochek acquires CoinAfrique to grow its footprint in Francophone Africa

TechCrunch

Already, Autochek has rolled out its operations in Ivory Coast and Senegal following the acquisition, with more markets set to be activated, including Benin and Togo, as the auto marketplace expands. Autochek expands to North Africa after acquiring Morocco’s Kifal Auto. The company, which in October last year raised $13.1

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SunCulture wants to turn Africa into the world’s next bread basket, one solar water pump at a time

TechCrunch

Many families also lack access to reliable and affordable electricity. The company also just closed on $14 million in funding to expand its business across Africa. It was at a time when a lot of development financiers were funding the nexus between agriculture and energy,” said Ibrahim.

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MaxAB gets an extra $15M, acquires YC-backed Moroccan startup WaystoCap

TechCrunch

Store owners can use the platform to purchase goods, request delivery or logistics to move the goods, and access a customer support team. WaystoCap took its cross-border services to Ivory Coast and Togo, and at some point, was processing over $3 million worth of transactions per quarter. “I love the team.

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Nigerian digital bank Yep! raises $1.5M pre-seed for its ‘financial super app’ play

TechCrunch

Founded by Olaoluwa Awojoodu , the company’s agent banking platform, PayCentre Africa, is present in Nigeria, Niger, Burkina Faso, Ivory Coast and Togo. Banks and telcos are heavy players, so are some companies like E-Settlement, a holding company for different financial entities. The founders built Yep!’s For now, Yep!

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Ivorian fintech Julaya gets $5M to become banking partner for businesses in Francophone Africa

TechCrunch

But they can now access more services, for example, the startup’s prepaid card — issued by Mastercard — for corporate expense management. European venture capital fund Speedinvest led Julaya’s pre-Series A extension round. This week, TechCrunch featured Byld Ventures , a $15 million fund targeted at African fintechs.

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