Egyptian Fintech Company Sahl Raises $6 Million for Expansion
Follower.co.ke Team
What’s this about? Egyptian fintech Sahl has raised $6 million in Series A and seed funding to enhance and expand its services as a comprehensive bill payment platform in collaboration…
Uncategorized
Ivory Coast’s LAfricaMobile Secures $4.6M in Series A Funding
What’s this about? LAfricaMobile, an Ivory Coast-based cloud communication startup, raised $4.6 million in Series A funding to expand across French-speaking Africa. The company, founded in 2014, facilitates large-scale communication…
Zambian Startup Bosso Secures $400k in Pre-Seed Funding to Develop its Platform
What’s this about? Zambian startup Bosso, a construction e-commerce platform, secures a US$400,000 pre-seed round to develop its platform and add new features while also aiming to address Africa’s housing…
Moroccan Agritech Firm YoLa Fresh Raises $7M for Logistics Network Expansion
What’s this about? Morocco’s YoLa Fresh secures a $7 million pre-Series A funding round from prominent investors, enabling the expansion of its innovative farm-to-retail platform connecting farmers directly with retailers…
Paystack, Piggyvest and Other Investment Groups Join Forces to Acquire Brass
Zoom in… Brass, a Nigerian digital bank for small businesses, has been acquired by an investment group led by Paystack, including PiggyVest and other investors, resulting in the exit of…
Leading SA Home Services Marketplace Kandua Acquired by Santam
What’s this about? Johannesburg-based home services marketplace Kandua, founded in 2014, has been fully acquired by South Africa’s largest short-term insurer, Santam. Kandua, which connects over 40,000 vetted professionals to…
Helios Towers Lands $30M Anchor Funding from British International Investment
What’s this about? British International Investment (BII) commits $30 million as an anchor investor in Helios Towers’ $850 million public bond offering, listed on the London Stock Exchange, to refinance…
Ugandan E-Mobility Startup GOGO Electric Secures $1.6M to Advance Sustainable Transportation
webmaster
What’s this about? GOGO Electric, formerly Bodawerk, raised $1.6 million from the EU-funded ElectriFI to enhance Uganda’s e-mobility sector with sustainable solutions, including local battery production and a battery swapping…
eFinance Investment Group Acquires Minority Stakes in EasyCash and Al Ahly Momkn
What’s this about? Egyptian eFinance Investment Group (EFIG), a digital and financial investment firm, has purchased a 25% share in Al Ahly Momkn and a 13% share in EasyCash, both…
BasiGo Secures $10M Investment from Ruto’s US Visit to Upgrade Kenya’s Public Transport
What’s this about? BasiGo, a Nairobi-based electric vehicle startup, secured a $10 million loan from the U.S. International Development Finance Corporation (DFC) to revolutionize public transport in Kenya by procuring…