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    Yield Fund and FCA Investments invest in Uganda meat processing company

    SausageKing

    Yield Fund and FCA Investments have announced an undisclosed co-investment into Uganda meat processor Sausage King. The new addition is the eleventh investment of the Yield Fund into Uganda’s agriculture sector.  Sausage King is specialized in value-addition and the processing of poultry, beef, and pork transforming them into premium meat products. Among the products by […] More

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    Mohamed Sekkina is now the new General Manager for Talabat Mart Egypt

    Mohamed Sekkina

    Leading MENA online food and grocery delivery technology platform Talabat has appointed Mohamed Sekkina as the General Manager for Talabat Mart Egypt. Sekkina now has a proven track record of experience that has enabled him to lead the company’s launch in Oman and Egypt in 2020 – including the head of business operations in the […] More

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    SA talent marketplace startup OfferZen raises $5.1M Series A

    South Africa talent marketplace OfferZen has completed a $5.1 million Series A led by South Africa investment company Base Capital. This is its first funding round since its formation in 2015. OfferZen was co-founded by Philip Joubert, Malan Joubert, and Brett Jones. In April 2020, the company expanded to the Netherlands after acquiring Amsterdam-based recruitment […] More

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    Flex Finance raises pre-seed funding to expand offering

    Flex Finance

    Flex Finance, a Nigeria fintech startup has raised a six-figure pre-seed round. On Linkedin, Flex Finance describes itself as an app that helps free business owners and Africans with the stress of spending management. Through the Flex platform, businesses can digitize their daily operations through a simple and accessible solution. The round drew participation from Sahil Lavingia […] More

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    DKN Transport secures investment funding to expand offering

    DKN Transport

    South Africa’s DKN Transport has secured investment funding from The Engen Convoy Fund. This private-owned company meets the level 1 B-BBEE criteria and comprises 30% black/female shareholding. The funding will go towards unlocking additional market opportunities. DKN Transport is headquartered in Johannesburg since 2004 and provides road freight logistics solutions across several industries across national […] More

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    Jumia Kenya partners with startup eBee Africa for electric bicycle deliveries

    Africa e-commerce giant Jumia Kenya has partnered with eBee Africa to rollout electric bicycle deliveries across Nairobi. eBee is a Kenyan startup established in 2020 offering subscription-based electric bikes. The partnership reduces customer delivery fees while offering riders higher incomes. This partly owes to the fact that e-bicycles don’t consume fuel and have low maintenance […] More

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    Deep Dive Africa II connecting African startups to international investors

    Deep Dive Africa returns for a second year bringing new ecosystem players. The Impact Hub and Growth Africa Foundation-powered initiative connects early-stage investors to African startups and is funded by Make-IT in Africa project implemented by GmbH for the Federal Ministry for Economic Cooperation and Development (BMZ). For this year’s edition, Deep Dive Africa focuses […] More

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    The Vumela Fund invests in SA cleantech Kusini Water

    Kusini-Water

    The impact-focussed Vumela Fund established by FNB Business and Edge Growth has made an investment in Kusini Water – a cleantech enterprise that provides clean drinking water for the local communities and corporates. Kusini water manufacturers mobile solar-powered water purification systems with materials fully derived from macadamia nut shells and nanotechnology that are locally sourced. The investment […] More

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    Egypt inspection management software company beXel raises 6-figure funding

    beXel Inspection

    A Cairo-based cloud-based Inspection Management Software beXel.io has raised a six-figure investment round led by JH Investments Ltd alongside follow-on funding from Flat6Labs, UI Investments, and Saudi Angel Investors. beXel, a SaaS digital cloud-based inspection management software, was founded in 2019 by brothers Ayman Abou Regeila, Ahmed Hussein, and Mahmoud Latif. The company’s inspection management […] More

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