TechCrunch

FEBRUARY 11, 2021

The venture capital scene in Africa has consistently grown, with an influx of capital from local and international investors reaching unprecedented heights in recent years. Did African startups raise $496M, $1B or $2B in 2019? Fintech startups raised 24.9% Funding raised by Kenyan startups reached $191.4

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South Africa Raise Africa Ghana 129

TechCrunch

MAY 4, 2022

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.

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TechCrunch

JANUARY 25, 2021

In a review of the year published last week, the firm noted that 21 companies in its portfolio have raised more than $33 million in funding. This represents nearly four-fold growth over a year ago when its portfolio raised $6 million (and just $3 million in 2018). 2019 saw the local VC firm invest in six companies.

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Nigeria Africa Report Mauritius 138

TechCrunch

OCTOBER 27, 2022

The reasons were unclear, as both parties didn’t publicly comment on the situation; however, from various local news outlets, they ranged from mismanagement of funds to failure to report to the board and work out a potential merger, as well as internal disagreements over management methods. Founders versus investors.

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Egypt Saudi Arabia Mauritius Linkedin 81

TechCrunch

NOVEMBER 2, 2021

The Swedish-Kenyan company raised $5 million in equity and $2.5 The round is the company’s first major fundraise, having previously raised capital from angel investors. Countries like South Africa, Mauritius and Rwanda are already ahead of the game. million in pre series A round.

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South Africa Conversation Sierra Leone Product 96