In August 2020, Egyptian fintech Paymob announced that it raised $3.5 million to improve its capacity and acquire more merchants to use its payments services. That mission has now received additional funding, bringing the startup to a formal Series A close of $18.5 million. The round was led by Global Ventures, a venture capital firm […]

South African agritech startup Skudu has raised funding from AgVentures, a leading agrifood tech investor in Africa. This move will help Skudu achieve its goal of becoming the leading online marketplace for agricultural inputs (animal feeds, fertilizers, plant protection chemicals) and produce on the continent. Launched in 2018, Skudu gives agribusinesses more choices to improve […]

Is Iyin Aboyeji's Future Africa Fund the future of fundraising in Africa?
ecosystem, Events, people
4th December 2020

Can tech solve Africa’s fundamental problems? In this edition of Building The Future, founding partner of Future Africa and co-founder of Andela & Flutterwave, Iyinoluwa Aboyeji speaks on how he sees the future of Africa.    And also on the role tech can play in this future.  When Aboyeji shares his thoughts on the future of […]

Editor’s note: The headline of this article has been updated to reflect the fact that it speaks primarily to a difficulty in accessing capital. A previous headline read; “African startups have had a good Q1 2020; except those led by women.” African startups did well in Q1 2020 in terms of funding. Considering the current […]

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