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Kenyan tech-enabled logistics platform Amitruck raises $4 million, embarks on Uganda, Tanzania expansion

TechCrunch

The startup, which has achieved a great take-off in Kenya, is set to strengthen its technical, operations and sales team to lay ground for its entry into Tanzania and Uganda markets, after raising $4 million in seed funding bringing the total funds raised to date to $5 million. Image Credits: Amitruck.

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

TechCrunch

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. Today, the seven-year-old company is announcing a $50 million Series C round to scale its efforts in the East African nation and other neighbouring countries.

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TweetsGiving: Show Your Gratitude With Epic Change

Amy Sample Ward

People donate to a shared cause in honor of that for which they are most grateful Funds raised will go to support the work of Mama Lucy Kampton ( @MamaLucy ), a ChangeMaker who has transformed her community in Arusha, Tanzania through her school Shepherd’s Junior. Learn more and show your gratitude! Get Involved.

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Tanzanian fintech NALA raises $10M seed to build Revolut for Africa

TechCrunch

NALA , a Tanzanian cross-border payments company that recently pivoted from local to international money transfers, said Thursday it has raised $10 million in a new fundraising round. to East African countries (Kenya, Uganda and Tanzania), thus ushering the Tanzanian fintech into the remittance business. and the E.U., and the U.K.

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