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Tanzania’s YC alum Ramani raises $32M to digitize CPG supply chains, lend resellers

TechCrunch

Ramani , a Tanzanian startup focused on consumer-packaged goods (CPG) supply chains, plans to introduce new financial services as it expands its operations in the East African country after raising $32 million in Series A debt-equity funding. Leta, a Kenyan supply chain and logistics SaaS provider, raises $3M to scale in Africa.

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Smartphone re-commerce startup Badili raises $2.1M pre-seed funding

TechCrunch

Badili , a Kenya-based smartphone re-commerce startup, has raised $2.1 million pre-seed funding to scale its operations within Africa; one of the fastest-growing mobile phone market in the world. We are launching in Uganda and Tanzania and have established strong partnerships with original equipment manufacturers (OEMs).

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Kenya’s Twiga raises $50M to scale food solutions across Africa

TechCrunch

This funding comes after the company’s $30 million Series B round — $23.75 Per Crunchbase , Twiga has raised over $100 million in both debt and equity financing rounds. Kenya’s Twiga Foods eyes West Africa after $30M raise led by Goldman. The funding will be used to test the concept out. million equity and $6.25

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Ghanaian fintech Dash raises $32.8M seed to build connected wallets for Africans

TechCrunch

Today, the unified payments app is announcing that it has raised $32.8 At the time, the Ghanaian fintech was raising $8 million–a large seed in its own right–and had acquired just a little over 200,000 users with transactions reaching $250 million. million in an oversubscribed seed round.

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M-KOPA raises $75M as it clocks 2 million customers across four African markets

TechCrunch

The company, which enables underbanked customers in select African markets to access a broad range of products and services without collateral or a guarantor, announced today that it has raised $75 million. M-KOPA’s total equity raise stands at $190 million. The company’s geographical reach has also changed shape.

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Senegal’s logistics tech startup Chargel raises $2.5M seed funding

TechCrunch

The funding also includes $750,000 it announced last year. seed funding by Annie Njanja originally published on TechCrunch Its exploration of new growth avenues is backed by a $2.5 million seed round led by Logos Ventures. This year we are opening up the platform to more shippers in Senegal.

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

TechCrunch

Savannah Fund , a pan-African venture capital firm, today announced a $25 million fund as it looks to back more early-stage startups on the continent. Since launching in 2012, Savannah Fund — led by Mbwana Alliy and Paul Bragiel — has backed more than 30 startups. Mbwana Ally (Managing Partner, Savannah Fund).

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