NEWS
Leading the Charge with 12 Investments in H1 2024
Launch Africa leads the stage as the most active VC in Africa in H1 2024.
Wattnow closes funding round
Tunisian startup Wattnow, an IoT-based smart energy management solution, has announced the closing of a multi-million dollar funding round to help drive its already impressive growth.
Octavia Carbon and Kenya’s Path to Affordable Carbon Removal
Octavia Carbon, was recently featured in The Economist for their pioneering efforts in carbon removal in Kenya.
Kredete Raises $2.25M
Kredete, a financial software platform dedicated to enabling African immigrants to build credit and send money back home, has successfully raised $2.25 million in seed funding.
Wahu Mobility is Driving Sustainable Jobs
Ghana’s Wahu Mobility is Driving Sustainable Jobs with Woman Led Electric Bike Initiative
Workpay lands Visa as investor in $5M round
Workpay provides cloud-based HR, payroll, and benefits solutions for businesses with employees across Africa, serving two main customer types.
New Investment: Kredete
Kredete provides a comprehensive solution to Africa's limited access to credit by operating as a digital lending marketplace that connects borrowers and lenders, resulting in a seamless lending experience for both parties.
India-Africa Entrepreneurship Forum 2024
Key players discuss how to internationalise the Mauritian Startup Ecosystem.
New Investment: Shiprazor
Shiprazor is an aggregator platform focused on ecommerce logistics, they are striving to revolutionize logistics and supply chain solutions tailored for e-commerce businesses in Africa.
Meditect now operates in 8 African countries
Ivory Coast-based e-health company Meditect, which develops and markets pharmacy management software in Francophone Sub-Saharan Africa.
Peach Payments acquires Operativa
Peach Payments acquires custom software development firm Operativa. The acquisition was the first by Peach Payments since closing a €29M/US$30M funding round…
New Investment : Solarbox
Solarbox is an electric mobility and energy company focused on providing a sustainable transportation and energy solution for the African market.
LULA acquires Zeelo’s South African subsidiary
LULA, a ride-sharing platform for office workers, has acquired the South African subsidiary of US-based staff bus-sharing startup Zeelo.
Kuda Is Expanding Global Push for Africa Diaspora
Kuda, the fintech challenging traditional banks by offering mobile-first and personalized banking services, is doubling down on its global expansion plans.
New Investment : Viebeg
Viebeg is revolutionizing access to medical supplies in Africa, starting with East and Central Africa
Workpay raises $8.8M in new funding round
Kenyan HR and payroll platform Workpay has recently raised $8.8 million in a new funding round
New Investment : Servisor
Servisor revolutionizes car servicing through an online platform, they empower car owners to make cost-effective service decisions.
Mano Eyes Nigeria's Food Delivery Market
Mano delivers groceries and household appliances from its dark stores in the states where it operates.
New Investment : Meditect
Meditect develops digital solutions to enhance the efficiency of stakeholders in sub-Saharan Africa, notably through highly innovative pharmacy management software.
Launch Africa Fund 2 Invests $4.3M in 16 Startups
Launch Africa Ventures has invested a total of US$4.3 million in 16 startups so far as part of its second fund.