article thumbnail

How African startups raised investments in 2020

TechCrunch

Whereas Partech and Disrupt Africa highlighted funding activities per country of origin and operations, Briter Bridges chose to attribute funding to the startups’ place of incorporation or headquarters. Mauritius-headquartered companies received $110 million while African startups headquartered in the U.K. and Kenya raised $107.6

article thumbnail

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

TechCrunch

His experience from this activity, coupled with working as a technical adviser to the vice president’s office in Nigeria a couple of months back, led him to launch Norebase , a trade tech startup that has raised $1 million in a pre-seed round.

Africa 139
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Goldman Sachs spinoff Juven to back African high-growth companies with large checks

TechCrunch

Mauritius and U.K.-based Even though the team that led Goldman Sachs’ investments in Africa is now at Juven, Frebault says the 152-year-old investment giant’s Asset Management division still has a global mandate that includes Africa, albeit focusing on a larger scale and institutional activity.

Africa 94
article thumbnail

Cleantech Qotto embarks on growth plan backed by $8M funding

TechCrunch

Qotto , a solar kits provider with operations in Burkina Faso and Benin, has raised $8 million in a Series A equity-debt round led by the IBL group, a billion-dollar conglomerate headquartered in Mauritius with business interests in a number of sectors including energy, financial services, logistics, distribution, and engineering.

article thumbnail

Savannah Fund launches $25M fund to invest in African startups at seed and Series A

TechCrunch

This is the second fund for the nine-year-old Mauritius-headquartered investment firm. Tommy Chia , a Hong-Kong based investor with an active portfolio in Africa like Paga and OneFi, joins the team as a venture partner.

Fund 100
article thumbnail

Kenyan startup Wowzi secures $3.2 million from 4DX Ventures, Andela co-founder to expand across Africa

TechCrunch

The brands then refine their search (based on the content shared or level of activity) and then reach out to the influencers they desire. This goal is achievable for the startup, which has successfully conducted campaigns across multiple markets in Africa including Mauritius, Mozambique, Zambia and Cameroon. “We

Africa 100
article thumbnail

Dispute between founders and board leaves Capiter in arrears to employees and creditors

TechCrunch

Rather, this course of action was undertaken after the founders abdicated their responsibilities, failed to enact Board-approved corporate actions, and began to actively subvert the abilities of the company to stabilize its financial and operational affairs. the holding company initially based in Mauritius and now in Abu Dhabi.

Egypt 81